#Bitlayer
Bitlayer is a Bitcoin Layer 2 scaling solution designed to enhance the utility and programmability of the Bitcoin network. It aims to provide a fast, secure, and EVM-compatible environment for decentralized applications (dApps) by leveraging a unique dual-layer architecture.
The core of Bitlayer's technology is a combination of a Proof-of-Stake (PoS) consensus mechanism for rapid block production and a rollup framework that anchors its security to the Bitcoin blockchain. This design allows Bitlayer to process transactions at high speed while inheriting the robust security of Bitcoin as the ultimate settlement layer. By integrating technologies like BitVM and Zero-Knowledge (ZK) proofs, Bitlayer enables the creation of complex smart contracts and cross-chain functionality, unlocking new possibilities for decentralized finance (DeFi) within the Bitcoin ecosystem.
