The security of Bitcoin is unquestionable, but it is like a sealed block of gold, capable of being stored but difficult to use flexibly. With the rise of the BTCFi concept, the market began to seek a way to truly mobilize this vast value.
Bitlayer provides the answer. It employs an innovative cross-chain mechanism based on BitVM that does not rely on complex multi-party trust, but ensures security through a 'single honest verifier.' This simple yet robust design allows BTC to maintain its native security properties while being scalable during cross-chain transactions.
After cross-chain, YBTC is no longer a dormant asset but has become active capital that can participate in payments, lending, staking, and even derivatives trading. Within months of its launch, Bitlayer's TVL has surpassed $500 million, attracting the attention of institutions like Polychain, becoming one of the fastest-growing hubs in the BTCFi ecosystem.
More strategically significant is that Bitlayer is advancing native Bitcoin Rollup and plans to achieve EVM compatibility. This means that in the future, BTC will be able to directly enter the Ethereum-style application world, transforming from mere 'digital gold' to programmable global capital.
The value of Bitlayer lies not only in expanding Bitcoin's functionality but also in reconstructing its role in the crypto financial system.
