#Bitlayer Bitlayer is the first Bitcoin Layer 2 solution based on the BitVM architecture and compatible with EVM, aimed at expanding Bitcoin's functionality while maintaining its security. It achieves Turing-complete smart contract support through the BitVM virtual machine, enhancing transaction efficiency and reducing costs with optimistic validation (Optimistic Rollup) and zero-knowledge proof (ZKP) technologies. Its core innovations include the OP-DLC cross-chain bridge, enabling secure asset transfers between the Bitcoin main chain and Layer 2. Currently, the Bitlayer ecosystem has attracted over 200 projects, with a total value locked (TVL) of $1.2 billion (accounting for 32.78% of the Bitcoin L2 sector), covering areas such as DeFi, NFTs, and gaming. The project has received investments from institutions like Polychain and Franklin Templeton, raising over $25 million in total funding, and has partnered with public chains such as Starknet and Arbitrum to promote the development of the BTCFi ecosystem.
