출처: Block Media
Bitlayer Elevates Bitcoin Ecosystem with Game-Changing Layer 2 Solutions
Bitlayer, a pioneering Layer 2 (L2) protocol for Bitcoin (BTC), has unveiled its ambitious strategy to bolster the sustainability of the Bitcoin ecosystem. The project seeks to unlock yield potential for idle BTC assets and create innovative revenue streams for miners, all while facilitating deeper institutional adoption through its state-of-the-art infrastructure solutions.
Charlie Hu, Bitlayer’s co-founder, emphasized during an interview with Block Media on October 22: “Although Bitcoin remains the largest cryptocurrency, its inherent limitations—slow transaction speeds and lack of smart contract capabilities—restrict its utility.” Hu explained, “Bitlayer enables programmable functionalities for Bitcoin, allowing BTC holders to tap into decentralized finance (DeFi) opportunities such as staking and interest generation.”
Transformative Products: BVM Bridge and Bitlayer Rollup
Bitlayer is developing two groundbreaking products to redefine Bitcoin’s capabilities. The first is the "BVM Bridge," heralded as the "third-generation Bitcoin bridge." Unlike Wrapped Bitcoin (WBTC), which leverages multi-signature (multi-sig) protocols, the BVM Bridge deploys an advanced fraud-proof design for enhanced security.
“While WBTC depends on multiple trusted operators to ensure asset safety, Bitlayer’s system requires just one honest operator to contest malicious transactions and guarantee asset protection,” said Hu. As a result, its trust model marks a significant step forward. Assets minted through the bridge, dubbed "YYBTC," can seamlessly integrate with Ethereum Virtual Machines (EVMs) and non-EVM blockchains, enabling BTC holders to participate in yield farming and other DeFi activities.
The second product, "Bitlayer Rollup," is slated for release by summer. Unlike existing sidechains such as Stacks—whose transaction validation occurs independently—Bitlayer Rollup settles transactions directly on Bitcoin’s blockchain, ensuring Bitcoin-level security. Explaining its uniqueness, Hu stated: “This design strengthens security and aligns economically with miners.”
Bitlayer takes this further by redistributing a portion of rollup-generated transaction fees directly to Bitcoin miners, offering them a much-needed revenue stream amid declining block rewards. “This economic alignment strengthens the ecosystem and supports miner incentives over the long term,” Hu highlighted. The company has already forged alliances with key players in Bitcoin mining, including Antpool and F2Pool.
Enter the BTR Token: Powering Governance, Utility, and Institutional Alliances
Central to Bitlayer’s ecosystem is its native token, BTR, which serves multiple foundational roles. BTR token holders enjoy governance rights, enabling them to influence decisions that shape the network’s future. Additionally, users can stake BTR tokens to act as rollup validators, earning rewards via gas fee revenue. In upcoming updates, BTR will also become the preferred payment token for network gas fees.
“The token’s long-term value will hinge on ecosystem traction—ranging from strategic partnerships and compelling use cases to overall transaction volumes and active user counts,” Hu explained.
Another area of focus is institutional adoption. Bitlayer has already received investment from Franklin Templeton, a global asset management leader, and is in advanced discussions with 21Shares to launch a yield-farming-based Bitcoin exchange-traded product (ETP). Moreover, the company is exploring collaborations with Grayscale to introduce a single-token trust product—a move that could further cement Bitlayer’s reputation as a cornerstone of enterprise-level crypto solutions.
Capturing Market Growth: "Bitcoin Gives Beta, Bitlayer Adds Alpha"
Hu sees institutional interest in Bitcoin surging as the market enters a pivotal new phase, spurred by Bitcoin ETF approvals. “Bitcoin offers ‘beta’—a safe haven for institutional investors. Bitlayer goes a step further by delivering additional ‘alpha’ through value-creation opportunities,” he stated.
Despite Bitcoin’s dominance, Hu pointed out that most BTC remains idle in wallets without generating yield. Bitlayer’s infrastructure turns this dormant capital into active assets, empowering countless BTC holders to drive value creation across the ecosystem. “Our innovations unlock untapped potential in Bitcoin’s global liquidity pool,” he projected.
In preparation for its token launch, Bitlayer is initiating a strategic series of on-chain campaigns titled "Bitlayer Booster" in partnership with Binance Web3. Running over the next five to six weeks, these initiatives aim to heighten user engagement and showcase the protocol’s capabilities. Hu hinted: “The insights gained during these events will help us determine the perfect timing for the token launch.”
Through cutting-edge Layer 2 solutions and a relentless focus on institutional adoption, Bitlayer is not only addressing Bitcoin’s current drawbacks but actively paving the way for a transformative leap in its ecosystem’s functionality. By offering BTC holders opportunities to generate yield and supporting miners with sustainable revenue streams, Bitlayer is redefining what’s possible for Bitcoin’s future.
