
LayerEdge
327 Watchlists
Blockchain Infrastructure
Status
Market Data Unavailable
What is LayerEdge?
LayerEdge is a decentralized proof aggregation network designed to enhance Bitcoin's scalability and computational capabilities. By leveraging zero-knowledge (ZK) proofs and BitVM, LayerEdge enables off-chain computation verification while anchoring security on Bitcoin's Proof-of-Work (PoW) consensus. This approach allows multiple protocols to share verification costs, achieving up to a 95% reduction in Layer 1 settlement expenses and up to a 99% decrease in proof verification costs. Consequently, LayerEdge transforms Bitcoin from a passive store of value into a foundational layer for verifiable computation across various applications, including decentralized finance (DeFi), artificial intelligence (AI), and the Internet of Things (IoT).
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