đ Bitlayer â Bitcoinâs First Modular L2
Bitlayer is building a Layer-2 network for Bitcoin with modular design â combining Bitcoinâs security with high-performance execution. Unlike traditional Bitcoin scaling solutions, Bitlayer offloads computation to an execution layer while anchoring settlements to Bitcoin, ensuring decentralization and security.
âïž How it works:
Execution Layer: Handles transactions at high speed & low cost.
Settlement Layer: Anchors proofs back to Bitcoin for trustless finality.
Rollups & ZK Proofs: Boost scalability without sacrificing security.
đ° Revenue Model:
Transaction fees from L2 activity.
Sequencer fees for ordering & batching transactions.
Potential cross-chain bridge fees.
đ Ecosystem:
DeFi protocols leveraging Bitcoin liquidity.
Bridges to EVM chains for asset interoperability.
Tools for developers to build BTC-secured dApps.
đ Market Structure:
Still in pre-TGE phase with strong venture backing ($25M from Polychain, GSR, OKX Ventures, etc.).
Bullish sentiment around BTC L2 narrative â high potential for early adoption.
đ Current Conditions:
Strong community growth driven by campaigns like Binance Alpha & upcoming TGE.
Price speculation centers around low pre-sale entry vs. future listing potential.
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