From Digital Gold to Programmable Economy
Bitcoin has long been regarded as 'digital gold,' characterized by security and decentralization, primarily serving as a means of value storage. However, its rigid design limits functionality, allowing DeFi to thrive on other chains. Bitlayer aims to transform Bitcoin from a passive asset into the core of a dynamic on-chain economy by building a second layer on Bitcoin, unlocking dormant capital and driving innovation.
Core Values of Bitlayer
Bitlayer offers Bitcoin-level security and Ethereum-level programmability, addressing the issues of Bitcoin's utility shortcomings and Ethereum's security limitations. It constructs the BTCFi ecosystem through BitVM technology, EVM compatibility, and trustless bridging, positioning itself as a leader in the new financial paradigm.
Technical Highlights
1. BitVM Breakthrough: Achieving fast transactions through zero-knowledge validity proofs, combined with optimistic fraud proofs to ensure security, requiring only one honest participant to maintain the network.
2. EVM Compatibility: Supporting seamless migration of Ethereum smart contracts, lowering the entry barrier for developers, and accelerating the growth of the BTCFi ecosystem.
3. Trustless Bridging: Utilizing BitVM to design secure BTC transfers, protecting the integrity of the ecosystem.
Development Roadmap
- Bitlayer PoS (V1): The current mainnet has attracted numerous projects and funds, proving high performance and reliability.
- Bitlayer Rollup (V2): Future deployment of a complete BitVM architecture to enhance Bitcoin's native features and achieve comprehensive scalability.
Conclusion
Bitlayer is not just a technical upgrade, but a shift in the functionality paradigm of Bitcoin. It combines Bitcoin's security with EVM's programmability, laying the foundation for decentralized financial systems and transforming Bitcoin from static value storage into a dynamic engine of global finance.
