Bitlayer is an innovative second layer built on the original security architecture of the Bitcoin network, aimed at expanding its capabilities and making it more usable in decentralized finance. Bitlayer relies on the BitVM bridge, which reduces the need for trust between parties, providing high security and efficiency in transactions.
It also offers the yield-generating asset YBTC, which allows users to invest in Bitcoin and earn passive income, as well as a high-yield Bitcoin rollup that provides speed in processing and compatibility with other DeFi protocols.
Through these innovations, Bitlayer gives Bitcoin the ability to support decentralized finance applications with its entire infrastructure, while maintaining the superior level of security the network is known for. This vision makes it a bridge between Bitcoin's security and the flexibility of smart contracts, opening the door to a new wave of practical uses and investments. #Bitlayer @BitlayerLabs