@BitlayerLabs
bitlayer Today let's talk about its advantages!?
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1- Security: Inherits Bitcoin's Proof of Work (PoW) consensus, all Layer 2 state changes must be verified on the Bitcoin mainnet, and the anti-fraud mechanism eliminates invalid transactions.
2- Scalability: Optimistic validation model processes transactions in batches, reducing fees to nearly zero, supporting thousands of transactions per second.
3- Programmability: 100% EVM compatible, developers can seamlessly migrate Ethereum DeFi, NFT, GameFi, and other applications to the Bitcoin network.
4- Asset Monetization: Through the native asset YBTC, idle BTC can be converted into interest-bearing assets, supporting staking, lending, and other DeFi scenarios.