In Binance Square, the term "bit layer" refers to a Layer 2 platform built on Bitcoin that offers additional functionalities and improves the performance of the main network. Specifically, Bit Layer is a Layer 2 platform based on Bitcoin that aims to provide a native environment for developers and users.
What are layers in blockchain?
Layer 1:
It is the main blockchain, like Bitcoin or Ethereum, responsible for the security and management of the network.
Layer 2:
They are solutions built on Layer 1 to improve scalability, reduce costs, and increase transaction speed. @BitlayerLabs
