Bitlayer (BTR) Project: A Layer 2 scaling and smart contract platform designed specifically for Bitcoin, aimed at filling the gap where Bitcoin cannot natively execute smart contracts, providing a secure, low-fee, and high-speed DeFi infrastructure. It utilizes the BitVM framework to achieve EVM compatibility, supporting BTC Rollup, Taproot, and RGB assets. Its token is BTR, with a total supply of 1 billion coins, used for network governance and ecosystem incentives. The project has completed financing of tens of millions of dollars, and the testnet has validated core processes, with strategic investors including Framework Ventures, Polychain, and others. @BitlayerLabs #Bitlayer
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