Road Town, BVI, August 31st, 2025, Chainwire
LBank Exchange, a leading global digital asset trading platform, has listed Bitlayer (BTR) at 11:00 on August 27, 2025 (UTC). Users are able to access the BTR/USDT trading pair at: https://www.lbank.com/trade/btr_usdt
About Bitlayer (BTR)
Bitlayer is the first Bitcoin Layer 2 solution built on the BitVM paradigm, designed to inherit Bitcoin’s unparalleled security while enabling Turing-complete programmability. By leveraging zero-knowledge (ZK) proofs and fault-proof mechanisms, Bitlayer introduces a highly secure and scalable smart contract execution layer that remains tightly anchored to the Bitcoin main chain.
As a modular blockchain protocol, Bitlayer functions as a fraud-proof execution layer with compatibility to the EVM (Ethereum Virtual Machine), making it easier for developers to deploy decentralized applications (dApps) within the Bitcoin ecosystem. This allows for the development of DeFi, NFT, and other Web3 applications on Bitcoin, a major step forward in expanding Bitcoin’s utility beyond a store of value.
Core Features
- Bitcoin Security Inheritance: Bitlayer uses the BitVM architecture to execute off-chain computations that are verifiable on-chain through fault proofs, maintaining Bitcoin’s security assurances.
- EVM Compatibility: Bitlayer supports EVM smart contracts, enabling seamless migration or dual deployment of Ethereum-based dApps.
- Modular Scalability: The platform separates execution from consensus, allowing for independent scaling of transaction throughput while preserving decentralization.
- Developer Ecosystem: Bitlayer provides robust tools, SDKs, and developer documentation to support innovation across the Bitcoin Layer 2 landscape.
Token Utility
The native token, BTR, plays a central role in network operations. It is used for:
- Paying transaction fees on the Bitlayer network
- Participating in governance proposals
- Staking and incentivizing node validators
- Supporting decentralized applications and services built on the Bitlayer platform
Ecosystem Vision
Bitlayer aims to be the foundational smart contract infrastructure for Bitcoin. It provides developers with tools to create programmable logic and decentralized services anchored to the Bitcoi
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Author: Crypto Daily™
