Bitlayer secures 31.5% of Bitcoin's hashrate to bring smart contracts to BTC

  • Bitlayer's Bitcoin smart-contract system is being implemented by mining pools behind 31.5% of the network's hashrate, a development that will help ensure that its system will operate on the Bitcoin blockchain, the company said.According to a May 27 announcement shared with Cointelegraph, Bitlayer's BitVM implementation will be supported by major Bitcoin (BTC) mining pools including Antpool, F2Pool, and SpiderPool. Antpool CEO Andy Chow said: "Antpool has become the bridge operator for Bitlayer to support Bitcoin innovation and protect miners' interests.