📢 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
Bitlayer – A Comprehensive Picture of Bitcoin in Today's Reality
For over a decade, Bitcoin has been regarded as a symbol of safety, decentralization, and long-term value retention. However, a significant paradox remains: the majority of Bitcoin in the world is "lying still" in users' wallets, not generating immediate value for the economy. Bitlayer has emerged to change that. By transforming Bitcoin from a static asset into a dynamic financial instrument, Bitlayer enables BTC to engage directly in daily financial activities, providing liquidity, profitability, and immediate practical application. The heart of Bitlayer: BitVM Bridge and YBTC The core of the Bitlayer ecosystem is the BitVM Bridge, which allows users to convert Bitcoin into YBTC – a yield-bearing token that can be converted back to BTC at any time. Combined with high-speed rollups, users can trade, lend, pay, or deploy smart contracts almost instantly, rather than having to wait hours as with the traditional Bitcoin network. Bitcoin is no longer just a long-term investment to hold, but has become an active financial asset, creating value in every moment. Enterprise: Bitcoin operates with real cash flow Imagine a small business operating in a fierce competitive environment. Customers pay with BTC, the business immediately converts it to YBTC, and then to stablecoin to cover expenses. Payroll is processed instantly. Purchasing and inventory management are uninterrupted. Cash flow is always ensured continuously. Instead of being "frozen" in a wallet, Bitcoin now plays the role of the financial bloodstream of the business. Freelancer: Receive BTC, use it immediately For freelancers working globally, receiving payments in BTC used to face barriers: long confirmation times, or having to pay high fees to convert to fiat. With Bitlayer, they only need one step to convert BTC to YBTC to have immediate liquidity. Pay bills, living expenses Invest more in DeFi or staking Hold a portion in stablecoin for stability Bitcoin has become a vibrant asset serving real needs, rather than being a "store of value for the future." Trader: From BTC "hibernating" to a source of active profit Thanks to YBTC, traders can: Participate in high-speed decentralized trading. Take advantage of arbitrage ( price differences ) across multiple markets. Build automated strategies to earn continuous profits. BTC was originally just for holding, but now it has become a tool for immediate profit. Developer: Build a dApps ecosystem on Bitcoin In the past, Bitcoin was limited by the lack of a flexible smart contract platform. With Bitlayer, developers can: Create a DEX ( decentralized exchange ) with real BTC liquidityDevelop lending/borrowing protocols using BTC directlyBuild fast and secure payment applicationsImplement yield-generating solutions directly on the Bitcoin platform This opens up a new era, where Bitcoin becomes the application platform, not just a "digital gold." Security: Holding the core value of Bitcoin Bitlayer is designed based on strict security principles: Fraud proof to prevent fraud Decentralized custody reduces centralization risks YBTC can be fully converted to BTC Transparency & auditing ensure user trust This allows Bitcoin to interact with modern finance while still maintaining its inherent safety and decentralization. The picture at the end of the day: Bitcoin "lives" in real life By the end of the day, we see a thriving ecosystem in operation: Freelancer spends instantly with BTCBusinesses ensure cash flow through payments in BTCTraders optimize profits from BTC liquidityDevelopers build decentralized applications based on BTC Bitcoin is no longer just a store of value – it has become a practical operating asset, providing immediate tangible economic value. Conclusion Bitlayer provides a comprehensive view of the potential of Bitcoin in the present. With BitVM Bridge, YBTC, and high-speed rollups, Bitcoin officially steps out of the "passive store of value" to become a dynamic financial tool, serving for: PaymentLoanTransactionDecentralized application The era of passive Bitcoin has ended. With Bitlayer, Bitcoin is vibrant, active, and creating real value for users, businesses, and developers today. ♡𝐥𝐢𝐤𝐞💬 ➤ @BitlayerLabs #Bitlayer