@BitlayerLabs
🚀 Bitlayer – The gateway for Bitcoin to enter the DeFi era 🚀
Bitcoin is often seen as “digital gold” – secure, scarce, but limited in scalability and smart contract features. Bitlayer was created to change that! This is the first Layer 2 for Bitcoin based on BitVM technology and optimistic rollup mechanisms, enabling high-speed off-chain transactions with extremely low fees, which are then confirmed on the Bitcoin network to ensure absolute security.
The key advantage of Bitlayer is its complete compatibility with EVM. This means thousands of applications from Ethereum – from DeFi, NFT to GameFi – can “move house” to Bitcoin without needing to rewrite code.
Not only does Bitlayer increase the speed and scalability of Bitcoin, but it also integrates Zero-Knowledge Proofs to ensure privacy, security, and transparency. The BTR token will play a core role in staking, governance, and encouraging the community to develop the network.
With backing from major players like Polychain Capital, OKX Ventures, and Franklin Templeton, Bitlayer is gradually transforming Bitcoin from a store of value into a vibrant decentralized economy.
💡 In short: If Ethereum once exploded thanks to DeFi, then Bitlayer may be the piece that launches Bitcoin's second explosion.
