A Deep Dive into the Bitlayer Ecosystem and Growth
Bitlayer has become a leader in the Bitcoin ecosystem due to its unique BitVM implementation approach and ability to attract liquidity and users.
JinseFinanceBitlayer has become a leader in the Bitcoin ecosystem due to its unique BitVM implementation approach and ability to attract liquidity and users.
JinseFinanceDiscreet Log Contract (DLC) is an oracle-based contract execution framework proposed by Tadge Dryja of MIT in 2018.
JinseFinanceThe Mining Gala event, jointly initiated by Bitcoin's native second-layer network Bitlayer and seven ecological projects including Lorenzo, Bitsmiley, Avalon, Bitcow, Pell, Enzo and Bitparty, was officially launched on May 27.
JinseFinanceBitlayer, CKB, and Bool Network discussed their views on the capital market, the Lightning Network, RGB and other well-known projects, the trustlessness of cross-chain bridges, and the path to breaking through the Bitcoin ecosystem.
JinseFinanceThis article briefly analyzes Bitlayer and explains our views on Bitlayer and BTC Layer2, while also reviewing a series of native projects under its ecosystem.
JinseFinanceBitlayer's first official NFT asset, Lucky Helmet, will be available for minting from 2024.5.8 20:00 - 2024.5.9 20:00 (UTC+8).
JinseFinanceBecause Bitlayer is BTC's Layer2, it only supports BTC wallets. Currently, Bitlayer cooperates with BTC wallets including OKX, Bitget, and Unisat. This article will take the OKX wallet as an example.
JinseFinanceThere is a difference between investing in Bitcoin and being Bitcoin-focused. This may seem like a semantic argument, but it is not, because the behaviors of these two groups are completely different and their mindset is completely different.
JinseFinanceBitlayer leads the BitVM-based Bitcoin second-layer solution, adopting layered virtual machine technology (Layered Virtual Machine), using zero-knowledge proof (zkp) and optimistic verification (op) mechanisms to support various types of calculations.
JinseFinanceAlthough BitVM technology has great advantages in Bitcoin expansion, it is still in its early stages and there are still some problems in terms of efficiency and security.
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