What is Based Rollup? What are the advantages?
The difference between Based Rollup and traditional Rollup.

The difference between Based Rollup and traditional Rollup.
Singapore TOKEN 2049 will be held at the Marina Bay Sands Convention Center in Singapore. The event is one of the most influential blockchain and cryptocurrency events in the world.
On August 1, Bitlayer, the first Bitcoin security equivalent L2 project based on BitVM, announced the launch of Bitlayer Track Pack.
Bitlayer has achieved secure equivalent expansion of Bitcoin by introducing new technologies and solutions, avoiding the security risks of traditional side chains.
Macaron offers Macaron DeFi points worth up to $200K.
The Mining Gala event, jointly initiated by Bitcoin's native second-layer network Bitlayer and seven ecological projects including Lorenzo, Bitsmiley, Avalon, Bitcow, Pell, Enzo and Bitparty, was officially launched on May 27.
Bitlayer, CKB, and Bool Network discussed their views on the capital market, the Lightning Network, RGB and other well-known projects, the trustlessness of cross-chain bridges, and the path to breaking through the Bitcoin ecosystem.
This article briefly analyzes Bitlayer and explains our views on Bitlayer and BTC Layer2, while also reviewing a series of native projects under its ecosystem.
Bitlayer leads the BitVM-based Bitcoin second-layer solution, adopting layered virtual machine technology (Layered Virtual Machine), using zero-knowledge proof (zkp) and optimistic verification (op) mechanisms to support various types of calculations.
Although BitVM technology has great advantages in Bitcoin expansion, it is still in its early stages and there are still some problems in terms of efficiency and security.