@BitlayerLabs Bitlayer Labs is a pioneering company in the Bitcoin Layer 2 space, offering a secure and scalable solution for Bitcoin DeFi. Here's what you need to know about them:

About Bitlayer Labs

Founding: #Bitlayers Labs was founded in November 2023 and has quickly established itself as a leader in Bitcoin Layer 2 solutions.

Technology: Their solution utilizes the BitVM paradigm, enabling complex computations on Bitcoin's network and providing security equivalent to Bitcoin's own.

Compatibility: #Bitlayer boasts 100% EVM and Ethereum toolchain compatibility, allowing developers to easily migrate smart contracts written in Solidity, Vyper, or other languages that compile to EVM bytecode.