Bitlayer is a Bitcoin Layer 2 protocol launched in 2023 that enhances Bitcoin’s scalability and smart contract capabilities using the BitVM framework. It enables Turing-complete smart contracts on Bitcoin, bridging Bitcoin’s security with Ethereum-compatible decentralized applications (dApps). Bitlayer operates as a rollup, anchoring transactions to the Bitcoin blockchain for security and finality. It supports high throughput and low latency, making it suitable for DeFi and other complex applications. The native BTR token facilitates fees, staking, and governance. With strong backing and growing adoption, Bitlayer aims to unlock programmable blockchain solutions directly on Bitcoin’s secure base layer.
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