Finality Bridge testnet launched: Bitlayer
Bitlayer has launched the testnet for its Finality Bridge, a Bitcoin Layer 2 solution built on BitVM. The bridge enables trust-minimized BTC minting, yield generation, and cross-chain programmability.
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Layer-2 of Bitcoin: launched the testnet of Bitlayer Finality Bridge
The Finality Bridge by Bitlayer addresses some critical security and trust issues encountered in previous generations of BTC bridges.
In particular, it leverages the power of smart contracts and BitVM protocols to allow users to mint Yield BTC with minimal trust assumptions, and enjoy integrated returns through staking, liquidity mining, and lending, within the Bitlayer ecosystem and on other blockchains..