In-Depth Analysis of Bitlayer Technology Paradigm
Core Mission
Bitlayer is dedicated to extending the trustless value transfer of Bitcoin to complex financial computations through a trust-minimized technological paradigm, addressing the issues of traditional cross-chain bridges that rely on multi-signatures or centralized custodianship, while inheriting Bitcoin's decentralized philosophy.
BitVM: The Cornerstone of Trust Minimization
- BitVM builds an optimistic verification system using Bitcoin scripts, based on fraud proofs, assuming that "at least one honest participant" can ensure security.
- Users lock BTC in a smart contract; malicious transfers require on-chain verification, and honest observers can challenge fraud through logical gates, seizing the malicious party's funds to ensure asset security.
- The trust scope is reduced to "at least one person in the network exposes wrongdoing," significantly enhancing security.
ZK-Proof: High-Performance Scalability
- Bitlayer employs zero-knowledge proofs (ZK-Proof), including technologies like RISC Zero, SNARK, and STARK.
- Off-chain execution of complex computations generates concise proofs submitted to the Bitcoin main chain for verification, ensuring computational integrity.
- Achieve high TPS, low Gas fees, relieve the computational burden on the main chain, and focus on security and settlement.
EVM Compatibility: The Key to a Prosperous Ecosystem
- Bitlayer is EVM compatible, bypassing the non-Turing complete limits of Bitcoin scripts, attracting the Ethereum developer community.
- Developers can use tools like Solidity and Truffle to seamlessly migrate DeFi projects (such as Uniswap and Aave).
- Rapidly introduce financial applications such as lending, trading, and derivatives to enrich the Bitcoin ecosystem.
Summary
Bitlayer ensures security with BitVM, enhances performance with ZK-Proof, and expands the ecosystem with EVM compatibility. The combination of these three creates a layer-two platform that inherits Bitcoin's security while supporting complex financial applications, reshaping the trust mechanism.
