#HEMIBinanceTGE Bitlayer: Bringing Bitcoin into the Smart Contract Era
Bitlayer is emerging as a revolutionary force in the Bitcoin landscape, positioning itself as the first Bitcoin-native Layer-2 rollup built on the BitVM paradigm. It aims to extend Bitcoin’s unmatched security to a programmable, scalable environment where DeFi, NFTs, and smart contracts can thrive .
Key Features & Innovations
BitVM-Based Execution
Bitlayer’s core relies on the BitVM Bridge, a trustless mechanism ensuring seamless, secure interaction between Bitcoin and decentralized applications .
EVM Compatibility & Multi-VM Support
Developers can port Ethereum-based dApps easily thanks to EVM compatibility. Additionally, Bitlayer's Layered Virtual Machine (LVM) supports multiple VMs—like Cairo VM or MoveVM—for future adaptability .
Cross-Chain Interoperability
The platform integrates with interoperability protocols like LayerZero and anchors assets across chains such as Arbitrum, Base, Starknet, and Sui via the BitVM bridge .
Backed by Major Mining & Investment Entities
Bitlayer has formed strategic alliances with mining pools (Antpool, F2Pool, SpiderPool) and secured funding from top-tier investors like Polychain Capital, Franklin Templeton, and OKX Ventures. Its OpVM rollup is actively being developed with these resources .
Developer Incentives & Community Programs
With a bold $50M “Ready Player One” incentive program, Bitlayer is encouraging developers across DeFi, gaming, wallets, and real-world assets — attracting 800+ projects already .
New Innovations on Solana
Bitlayer recently launched YBTC, a 1:1 BTC-pegged token on Solana, offering BTC holders faster, yield-bearing access .
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Community Buzz on Binance Square (#bitlayerslab)
Binance Square—Binance's revamped social platform—buzzes with enthusiasm for Bitlayer. A few highlights:
“Bitcoin’s War Machine”: Users trumpet Bitlayer as a top-tier blockchain, praising its security, programmability, and support from major ecosystems and Binance Wallet integration #Bitlayer #Bitlayerairdrop
