Bitlayer is a revolutionary Bitcoin Layer-2 protocol that combines Bitcoin's security with modern blockchain innovation, enabling:
- *Turing-complete smart contracts* on Bitcoin
- *High-throughput, low-cost transactions* via rollup-style execution
- *Secure cross-chain asset transfer* through optimized bridges
## Key Technologies
- *BitVM & Layered Virtual Machine (LVM)*: Optimizes scalability and security by separating front-end smart contract execution from back-end zero-knowledge proof generation.
- *Recursive Settlement Protocol*: Anchors L2 state transitions back to Bitcoin, ensuring validity without altering the Bitcoin base layer.
- *Bridging & Interoperability*: Enables trust-minimized, secure transfers between Bitcoin and other ecosystems like Ethereum.
## Roadmap Highlights
- *Mainnet-V1*: Launched in April 2024, marking the initial live version of the network.
- *BitVM Rollup (V2)*: Launched in Q1-Q2 2025, introducing advanced rollup capabilities.
- *Future Goals*: Targeting 20,000 TPS and ~3-second confirmations for high-speed performance.
## Problems Solved
- *Low Throughput & High Fees*: Off-chain rollup processing increases transaction capacity and lowers costs.
- *Lack of Smart Contracts on Bitcoin*: Enables Turing-complete contracts and full EVM compatibility.
- *Cross-Chain Opacity*: Trust-minimized bridges ensure seamless, secure asset transfers across chains.#bi
## Token & Governance
- $BTR*Token*: Plays multiple critical roles, including staking, governance, and cross-chain functionality.
- *Token Sale*: Bitlayer launched its token sale on CoinList, offering up to 2% of its total token supply.
## Why It's a Game-Changer
- *Building on Bitcoin's Security*: No trust assumptions or federation required.
- *Complex Smart Contracts*: Delivers DeFi capabilities to Bitcoin.
- *Interconnecting Bitcoin with Web3*: Secure bridges enable broader ecosystem interactions.
- *Scalability and Flexibility*: Empowers developers and users with enhanced functionality.
