This article will explore the development history of BitVM, its current status, the key engineering efforts behind it, and the outstanding contributions made by Bitlayer as an important contributor to the BitVM ecosystem.
JinseFinanceOn August 1, Bitlayer, the first Bitcoin security equivalent L2 project based on BitVM, announced the launch of Bitlayer Track Pack.
JinseFinanceMacaron offers Macaron DeFi points worth up to $200K.
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.
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).
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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