Bitlayer is a second-layer (L2) protocol on the Bitcoin network developed with the aim of improving scalability and transaction efficiency of Bitcoin. By using the BitVM implementation, Bitlayer allows for the execution of smart contracts and decentralized applications (dApps) on the Bitcoin network.
This protocol is designed to attract user liquidity with low gas fees and an efficient user experience. Bitlayer has shown rapid growth and has successfully attracted the attention of various projects and investors in the blockchain ecosystem.@BitlayerLabs #bitlayer