Bitlayer - Bitcoin Layer 2 with BitVM

Overview

Bitlayer is the first Bitcoin Layer 2 based on the BitVM paradigm, offering Bitcoin-equivalent security and Turing-completeness. The platform enables smart contracts on Bitcoin through innovative verification protocols.

Core Technology

BitVM Architecture

BitVM enables verification of arbitrary computation on Bitcoin using Optimistic Rollup scheme with ZK proofs, making Bitlayer Turing-complete.

Dual Architecture

• PoS consensus for fast block production
• Rollup framework anchoring security to Bitcoin
• EVM-compatible environment

BitVM Bridge

Trust-minimized BTC bridge without centralized intermediaries. YBTC tokens maintain 1:1 peg with Bitcoin.

Partnerships

Antpool, F2Pool, SpiderPool (mining), Sui, Arbitrum, Base, Cardano, Plume (chains).

Status

• Mainnet-V1 (PoS): Live since April 2024
• Mainnet-V2 (Rollup): Under development
• BitVM Bridge: Testnet active

Why Bitlayer

Bitlayer provides Bitcoin-native security for smart contracts without introducing new trust assumptions through BitVM technology.