Bitlayer’s Summer Launch Event
Bitlayer, a project centered on developing DeFi infrastructure for Bitcoin, recently unveiled its Summer Launch Event video, aptly titled “The Ultimate Bitcoin DeFi Infrastructure.” This event provided an opportunity for co-founders Kevin He and Charlie Hu to share significant advancements and a comprehensive roadmap for the project for the very first time. Their ambition is clear: to create a premier BTCFi infrastructure.
Major Milestones Announced
During the event, several major milestones were announced that highlight Bitlayer’s dedication to innovation:
- Launch of BitVM Bridge Mainnet Beta: Following extensive internal testing and earlier public beta trials spanning over six months, Bitlayer has launched the Mainnet Beta of BitVM Bridge. This marks the introduction of Bitcoin’s first cross-chain solution built on the innovative BitVM framework.
- Introduction of Bitlayer Network 2.0 Whitepaper: The team has also published the Bitlayer Network 2.0 Whitepaper, representing a significant evolution towards implementing a Rollup architecture for the network.
- Focus of Bitlayer Network V3: The upcoming V3 version of the protocol is set to tackle the challenges associated with high-performance execution within Bitcoin Layer 2. Its primary objectives include the development of a customizable transaction engine, horizontally scalable clustered architecture, compatibility with EVM for advanced parallel execution, and delivering a user experience comparable to centralized exchanges (CEX).
Conclusion
These developments emphasize Bitlayer’s commitment to enhancing the functionality and user experience of Bitcoin’s DeFi landscape, ultimately positioning it as a leader in the space.
