📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
Bitcoin has always been the backbone of the crypto assets market, with security and stability that are unmatched. However, in terms of decentralized finance (DeFi) applications, Bitcoin seems to struggle. Why is it difficult for Bitcoin to support complex DeFi functions, such as auction contracts, AMM, and NFT on-chain leasing? This question has been troubling the crypto community.
The emergence of Bitlayer seems to provide a solution to this dilemma. This innovative platform adds an "intelligent brain" to the Bitcoin network, enabling it to run smart contracts, connect cross-chain bridges, participate in Decentralized Finance activities, all while maintaining the consistent security of Bitcoin.
The core of Bitlayer lies in its unique technological architecture. It is built on BitVM and employs an innovative approach: complex logical operations are performed off-chain, while only authenticity verification is retained on-chain. This model is similar to Optimistic Rollup, where on-chain arbitration is only required in the event of a dispute, and daily operations submit only the final results. This design ensures that the native security of the Bitcoin network remains unaffected.
In terms of cross-chain asset transfer, Bitlayer adopts the innovative OP-DLC and BitVM dual-channel mechanism, abandoning the traditional multi-signature escrow method. This design allows users to freely transfer assets while minimizing the need for trust in intermediaries, embodying the true concept of "trust minimization."
The biggest change brought to the Bitcoin network by Bitlayer is its comprehensive support for smart contracts. It is not only compatible with the Ethereum Virtual Machine (EVM) but also supports other smart contract standards, greatly expanding the application scope of Bitcoin.
The emergence of this groundbreaking technology could reshape our understanding of Bitcoin's functionality. It not only preserves Bitcoin's core value as digital gold but also injects new vitality, enabling it to play a greater role in the ever-evolving blockchain ecosystem. With the development of Bitlayer, we may witness Bitcoin's rise in emerging fields such as Decentralized Finance and NFT, bringing new opportunities and challenges to the entire crypto assets industry.