A New Chapter for Bitcoin Scalability Bitcoin’s Layer 2 leader Bitlayer (BTR) will list on Binance at 18:00 SGT on 27 August. With a total value locked (TVL) of $391 million—31 % of the entire Bitcoin-L2 market—Bitlayer has overtaken former front-runner Merlin Chain and is now the undisputed heavyweight.01 Strategic Backdrop: Why Bitcoin Needs a Layer 2—and Why Bitlayer Delivered Bitcoin is the most secure and decentralized chain, but that security comes at the cost of limited throughput, hig...