Bitlayer emerges as a groundbreaking Layer-2 solution tailored for the Bitcoin network, introducing the innovative BitVM paradigm. This paradigm enables smart contract execution and decentralized application (dApp) deployment on Bitcoin, diverging from its original focus on peer-to-peer transactions. By addressing Bitcoin's scalability issues, including slow speeds and high fees, Bitlayer enhances the network's efficiency and security. Furthermore, akin to Ethereum's ERC-20 tokens, Bitlayer facilitates the creation and management of diverse digital assets, leveraging Bitcoin's robust security framework. This amalgamation of scalability and asset management opens doors for novel financial applications and innovation within the Bitcoin ecosystem..Start yourBitlayer journey on Bitget Wallet today!
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