📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
As a long-term active participant in the Bitcoin network, I have witnessed BTC evolve from an experimental concept within a geek circle to a globally recognized digital asset. However, with the increasing congestion of the BTC network, we are faced with some tricky problems: slow transaction confirmations, high fees, not to mention that participating in DeFi applications requires detours through other blockchains, which undoubtedly adds extra risks and complexity.
In this context, the emergence of Bitlayer brings a breath of fresh air to the BTC ecosystem. This layer two network solution, based on BitVM technology and specifically designed for Bitcoin, fundamentally changes the way we interact with BTC.
The uniqueness of Bitlayer lies in its ability to allow Bitcoin holders to directly participate in decentralized finance activities without leaving the BTC ecosystem. It can be imagined as an efficiency multiplier for the Bitcoin network: while maintaining the underlying security, users can enjoy a fast and low-cost trading experience on this layer two network.
The most surprising thing is the significant drop in transaction fees. Compared to the tens of dollars in transaction fees on the Bitcoin mainnet, the operational costs on Bitlayer can be as low as a few cents. This huge gap undoubtedly creates possibilities for more users to participate in the BTC ecosystem.
The emergence of Bitlayer not only enhances the usability of the Bitcoin network but also opens up new prospects for BTC's application in the field of Decentralized Finance. It demonstrates how technological innovation can address long-standing issues and pave the way for the mass adoption of cryptocurrencies.
With the continuous emergence of such innovative solutions, we have reason to believe that the potential of the Bitcoin network will be further unleashed, bringing convenience and opportunities to a broader user base.