@BitlayerLabs
Bitlayer is a Bitcoin Layer 2 solution based on BitVM technology, aimed at expanding Bitcoin's functionality through technological innovation while inheriting its security and decentralization features.
Below is its introduction:
Bitlayer is committed to becoming the 'computing layer' of the Bitcoin ecosystem, addressing the limitations of the Bitcoin mainnet in smart contract support, transaction throughput, and cross-chain interoperability through the BitVM virtual machine and layered architecture, promoting the development of the BTCFi ecosystem.
Its goals include:
Equivalent security to the Bitcoin mainnet: Achieving a level of security on par with Bitcoin through BitVM technology.
Turing-complete smart contracts: Compatible with the Ethereum Virtual Machine (EVM), supporting developers to seamlessly migrate Ethereum DApps.
High-performance transaction processing: Utilizing Optimistic Rollup and Zero-Knowledge Proofs (ZKP) to achieve a throughput of thousands of transactions per second.