#Bitlayerv
How does Bitlayer work?
BitVM is used to provide a Turing-complete execution environment, enabling support for smart contracts on the Bitcoin network.
It relies on an architecture known as the Layered Virtual Machine (LVM), which separates contract execution on one side and transaction proof generation such as ZK on the other side, enhancing performance and security.
It employs a rollup method or off-chain transaction aggregation, which is then batch inserted into Bitcoin, supported by proofs sent to the first layer for verification.
It integrates the verification mechanism and conversion to Bitcoin using what is known as the BitVM Bridge; this bridge provides reliable and secure transfer of Bitcoin assets without the need for centralized parties or multi-signatures.
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The key advantages of Bitlayer
Security equivalent to the original Bitcoin security: where second-layer transactions are verified using the fixed security of the Bitcoin chain.
Fully operational (Turing-complete) with complete compatibility with the Ethereum development environment (EVM), making it easy for Eth developers to build dApps on Bitlayer.
Reduced transaction costs and increased speed through off-chain transaction execution, followed by later verification.
A reliable and secure bridge (BitVM Bridge) that allows Bitcoin transfer between Bitlayer and other chains without the need for a trusted third party.