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### 🚀 **Bitlayer – Breakthrough Bit Layer, the future of Bitcoin expansion!**
In an era where Bitcoin is not only a store of value but also a platform for decentralized applications, **Bitlayer** emerges as a turning point – **the first Layer 2 built on BitVM technology**, carrying the mission to expand the potential of the Bitcoin network without compromising its core security.
So what is Bitlayer🔍
**Bitlayer** is a Layer 2 scaling solution for the Bitcoin network, leveraging advancements in **BitVM – a virtual machine model that allows arbitrary computations on Bitcoin without altering the original protocol. This is a leap that transforms Bitcoin into a platform capable of flexibly deploying smart contracts, similar to Ethereum – while still preserving the inherent security, decentralization, and stability of Bitcoin.
💡 Why is Bitlayer different?
* 🔒 **Security inherited from Bitcoin**: No need for new tokens, no need for external consensus – Bitlayer operates entirely on the Bitcoin platform, with maximum safety.
* ⚙️ Smart contracts on Bitcoin? Possible! Thanks to BitVM, Bitlayer enables the programming of decentralized applications, DeFi, NFTs, and much more on the Bitcoin blockchain itself.
* 🧩 Superior scalability: Instead of processing every transaction directly on the main chain, Bitlayer processes off-chain and only interacts with Bitcoin when necessary – reducing congestion, increasing speed, and optimizing costs.
🌐 Open ecosystem: Bitlayer is not just a technology, but a platform for a whole new ecosystem of dApps on Bitcoin
#Bitlayer @BitlayerLabs #CryptoIn401k #BTCReclaims120K
In an era where Bitcoin is not only a store of value but also a platform for decentralized applications, **Bitlayer** emerges as a turning point – **the first Layer 2 built on BitVM technology**, carrying the mission to expand the potential of the Bitcoin network without compromising its core security.
So what is Bitlayer🔍
**Bitlayer** is a Layer 2 scaling solution for the Bitcoin network, leveraging advancements in **BitVM – a virtual machine model that allows arbitrary computations on Bitcoin without altering the original protocol. This is a leap that transforms Bitcoin into a platform capable of flexibly deploying smart contracts, similar to Ethereum – while still preserving the inherent security, decentralization, and stability of Bitcoin.
💡 Why is Bitlayer different?
* 🔒 **Security inherited from Bitcoin**: No need for new tokens, no need for external consensus – Bitlayer operates entirely on the Bitcoin platform, with maximum safety.
* ⚙️ Smart contracts on Bitcoin? Possible! Thanks to BitVM, Bitlayer enables the programming of decentralized applications, DeFi, NFTs, and much more on the Bitcoin blockchain itself.
* 🧩 Superior scalability: Instead of processing every transaction directly on the main chain, Bitlayer processes off-chain and only interacts with Bitcoin when necessary – reducing congestion, increasing speed, and optimizing costs.
🌐 Open ecosystem: Bitlayer is not just a technology, but a platform for a whole new ecosystem of dApps on Bitcoin
#Bitlayer @BitlayerLabs #CryptoIn401k #BTCReclaims120K
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What do you think about @Ethereum surpassing @Bitcoin in terms of growth in the coming time?
Joe Lubin, co-founder of Ethereum, founder of ConsenSys (the entity that owns MetaMask) and chairman of SharpLink Gaming, predicts that ETH will surpass BTC next year!
Joe Lubin: Regarding the "flippening" — the moment Ether will exceed the monetary base of Bitcoin — some believe it will not happen, some think it will take several years. I think we could see it happen in about a year, especially with the push from these treasury companies.
Joe Lubin, co-founder of Ethereum, founder of ConsenSys (the entity that owns MetaMask) and chairman of SharpLink Gaming, predicts that ETH will surpass BTC next year!
Joe Lubin: Regarding the "flippening" — the moment Ether will exceed the monetary base of Bitcoin — some believe it will not happen, some think it will take several years. I think we could see it happen in about a year, especially with the push from these treasury companies.
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🔥 Binance partners with the 2nd largest bank in Spain
Binance has signed an agreement with BBVA for the bank to act as an independent custodian. Users' assets on the exchange will be secured by U.S. government bonds.
Additionally, Binance has also worked with independent entities such as Sygnum and FlowBank (Switzerland) to reduce the risks of direct storage on the exchange.
Regarding BBVA, the second largest bank in Spain is gradually entering the crypto space, allowing trading and custody of $BTC, $ETH on its mobile app. At the same time, it publicly recommends that customers allocate up to 7% of their portfolio into crypto - depending on each individual's risk tolerance.
Good news for the near future!!
@Ethereum @Bitcoin
Binance has signed an agreement with BBVA for the bank to act as an independent custodian. Users' assets on the exchange will be secured by U.S. government bonds.
Additionally, Binance has also worked with independent entities such as Sygnum and FlowBank (Switzerland) to reduce the risks of direct storage on the exchange.
Regarding BBVA, the second largest bank in Spain is gradually entering the crypto space, allowing trading and custody of $BTC, $ETH on its mobile app. At the same time, it publicly recommends that customers allocate up to 7% of their portfolio into crypto - depending on each individual's risk tolerance.
Good news for the near future!!
@Ethereum @Bitcoin
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