Bitlayer is a Layer 2 solution that achieves Bitcoin-equivalent security, built upon BitVM. It emphasizes a verification process aimed at ensuring security on par with Bitcoin's Layer 1. By leveraging BitVM, Bitlayer supports an environment where Bitcoin's computational capabilities can be expanded, aligning with the vision that Bitcoin can eventually compute everything. Additionally, Bitlayer introduces the BitRC-20 asset framework, designed to enrich the ecosystem with a wide array of asset classes, fostering a diverse and secure development landscape within the Bitcoin network.