Bitlayer: The Layer 2 Solution Innovating the Bitcoin Ecosystem Bitlayer is a second-layer (Layer 2) protocol based on the Bitcoin network, aimed at enhancing the scalability and functionality of Bitcoin while preserving its core security and decentralization features. As the first Layer 2 solution based on BitVM (Bitcoin Virtual Machine), Bitlayer injects new vitality into the Bitcoin ecosystem by introducing support for Turing-complete smart contracts, cross-chain asset transfers, and efficient transaction processing. It not only addresses the low throughput and high fee issues of the native Bitcoin network but also attracts developers to build decentralized applications (dApp) through its compatibility with the Ethereum Virtual Machine (EVM). @BitlayerLabs #Bitlayer
Bitlayer: An Innovative Layer 2 Solution for the Bitcoin Ecosystem Bitlayer is a Layer 2 protocol based on the Bitcoin network, designed to enhance the scalability and functionality of Bitcoin while preserving its core security and decentralization features. As the first Layer 2 solution based on BitVM (Bitcoin Virtual Machine), Bitlayer injects new vitality into the Bitcoin ecosystem by introducing Turing-complete smart contract support, cross-chain asset transfers, and efficient transaction processing. BitVM achieves efficient transaction processing through optimistic Rollup technology, requiring on-chain verification only in case of disputes, significantly reducing the burden on the main chain. LVM separates smart contract execution from zero-knowledge proof (ZKP) verification, supporting complex computations while ensuring privacy and efficiency. Additionally, Bitlayer's BitVM bridging technology realizes trust-minimized asset transfers between BTC and Layer 2 through optimistic discrete log contracts (OP-DLC), with security comparable to the Bitcoin main chain. Its 3-second block confirmation time and low transaction fees (approximately $0.4) significantly enhance user experience.
Bitlayer's native token $BTR (total supply of 2.1 billion) is used for governance, staking, and ecological incentives, with 80% released through liquidity pools, 15% for incubating projects, and 5% for governance. Its EVM compatibility allows Ethereum developers to seamlessly migrate applications, providing infrastructure support for BTCFi (Bitcoin Finance) while leveraging Bitcoin's security. In 2025, Bitlayer plans to launch Mainnet V2, further optimizing the Rollup architecture and BitVM bridge, expanding YBTC cross-chain application scenarios. @BitlayerLabs #Bitlayer
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Join us at #BinanceTurns8 to celebrate #BinanceTurns8 and share a prize of up to $888,888 worth of BNB! https://www.marketwebb.org/activity/binance-turns-8?ref=GRO_19600_L8VE1
Yesterday, a text version of the Alpha points tutorial was released, and many people said they couldn't understand it, so I specially recorded a video today!
You can see that I still choose SKYAI for trading. First, I observed that the K-line 15 minutes and 1 minute were in a stable oscillation stage, and then I used 1000U to trade at a time. I set the slippage to 0.1%, and then I repeatedly refreshed to check the changes in the number of redeemable tokens!
Some people will ask me why I refresh the token changes repeatedly, because I want to find a minimum and maximum point for token exchange. After finding this rule, you can see that the first minimum exchange quantity I see after repeated refreshes is 1000u: 16293 tokens, but I did not buy directly after the exchange quantity increases, because I am still observing whether there will be a second minimum exchange point. You can see that I got 1000u: 16284 after continuing to refresh, which means that the current token price is at the highest price of volatility. Buying will get the least tokens, so I continue to refresh and wait until the token becomes convertible to 16303 to buy. There is a delay here. The normal purchase quantity will be greater than or equal to 16303. But I can see here that I only bought 16290 tokens. This is because I am recording the screen and the video does not want to delay everyone's time, so I bought it quickly. If I operate it myself, I will confirm the highest and lowest exchange points 2-3 times, and then I will use the same operation to find the lowest and highest points for selling tokens to get U!
The video operation is not very beautiful, but the technique is like this!
Then let me talk about the key points: 1: The token must exceed the valuation U of the number of tokens you bought, and the valuation U will be displayed in the transaction box 2: You must refresh and confirm the highest and lowest values repeatedly