bitlayertge

The Bitcoin ecosystem is bound to have a big wave.

The Bitcoin Layer2 track has been quite lively recently... @BitlayerLabs Bitlayer is an interesting project, claiming to be the first solution based on BitVM, with a TVL already reaching 430 million USD.

What interests me the most is their dual-layer architecture:
PoS is responsible for fast block production, while the Bitcoin main chain ensures security.
This design is much more reliable than those projects that solely rely on multi-signature bridges...

Moreover, they already have over 100 dApps in their ecosystem, covering everything from DeFi to games.
Recently, they are also running a Booster event for Binance Wallet, airdropping 5.15 million BTR tokens.

On the technical side, the combination of BitVM's recursive proof and zero-knowledge proof is quite innovative, reportedly achieving sub-second soft confirmations and 7-day hard confirmations.
However, the key question is whether they can achieve their goal of 20,000 TPS by the end of the year... #bitlayerTGE

Do you think such Bitcoin Layer2 projects can break Ethereum Rollup's monopoly?
Let's discuss your views in the comments.#bitlayer