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Bitway whitepaper
Bitway whitepaper

Bitway: Financial Infrastructure Connecting Bitcoin and EVM Chains

The Bitway whitepaper was released by the Bitway core team in early 2026, aiming to address the current pain points of blockchain interoperability and scalability, and to explore a new paradigm for decentralized value transfer.

The theme of the Bitway whitepaper is “Bitway: A New Generation Decentralized Value Interconnection Protocol.” Its uniqueness lies in proposing multi-chain aggregation technology and adaptive consensus mechanisms to break blockchain silos; its significance is to provide an efficient and secure underlying architecture for cross-chain assets and DApp development.

Bitway’s original intention is to build a seamlessly connected decentralized value network. The core viewpoint of the whitepaper is: through innovative cross-chain routing and dynamic sharding technology, to achieve a balance between decentralization, security, and scalability, and realize efficient interoperability.

Interested researchers can access the original Bitway whitepaper. Bitway whitepaper link: https://docs.bitway.com/resources/whitepaper

Bitway whitepaper summary

Author: Lea Kruger
Last updated: 2026-02-08 13:55
The following is a summary of the Bitway whitepaper, expressed in simple terms to help you quickly understand the Bitway whitepaper and gain a clearer understanding of Bitway.

What is Bitway

Friends, imagine if the bank cards we use every day could only transfer and store money within a single bank’s system, and if you wanted to transfer between banks, it would be a hassle. In the blockchain world, Bitcoin (BTC) is like digital gold—very valuable, but its own “banking system” (the Bitcoin blockchain) is quite simple, mainly just for transfers. If you want to do more complex things with Bitcoin, like collateralized loans, participate in investment products, or interact with more flexible blockchains like Ethereum, it gets complicated.

The Bitway (abbreviated as BTW) project is like building a “highway” and “financial center” for Bitcoin. It is a base-layer blockchain protocol and infrastructure platform based on Bitcoin. Simply put, Bitway’s goal is to make your Bitcoin not just sit idle, but participate more conveniently and flexibly in various financial activities, and even connect to real-world assets, such as turning government bonds, commodities, etc. into digital assets on the blockchain.

It mainly does three things:

  • Bitway Earn: You can deposit some stablecoins (like USDT, USDC), and it will help you find relatively low-risk investment strategies to earn yields, just like a smart financial manager.
  • Bitway Lending: If you have Bitcoin but don’t want to sell it, Bitway allows you to use your Bitcoin as collateral to borrow other cryptocurrencies, and this process is “non-custodial,” meaning your Bitcoin remains under your own control, not handed over to a third party.
  • Bitway Ledger: This is Bitway’s own blockchain, designed specifically for Bitcoin business applications. It makes Bitcoin transactions smoother, can even achieve “zero-fee” transfers, and supports more complex smart contract functions, just like Ethereum.

The coolest part is that Bitway lets you operate directly with your usual Bitcoin wallet, without needing to learn a new wallet or perform complicated cross-chain operations, greatly lowering the barrier to entry.

Project Vision and Value Proposition

Bitway’s vision is to become the “Internet capital gateway” connecting the digital and real worlds. The core problem it aims to solve is: currently, a large amount of digital assets (especially Bitcoin and stablecoins) are “idle” on different blockchains, not being fully utilized to generate returns, and there is a gap between decentralized finance (DeFi) and traditional finance (TradFi), lacking a neutral and trustworthy bridge to connect them.

Bitway’s value proposition lies in its “DeTraFi” model, which you can think of as a combination of “decentralized traditional finance.” It has the openness and transparency of DeFi, while incorporating institutional-level risk management frameworks from TradFi. By providing non-custodial Bitcoin lending, zero-fee Bitcoin payments, and support for tokenization of real-world assets, it aims to unlock the trillion-dollar potential of the Bitcoin market, making global business and trade more convenient with Bitcoin.

Compared to similar projects, Bitway’s uniqueness lies in its native support for Bitcoin and compatibility with existing Bitcoin wallets, avoiding the complexity and risks of bridging Bitcoin to other chains. It offers an integrated financial infrastructure, not just a single lending or yield product.

Technical Features

Bitway has many technical highlights, like a well-designed bridge connecting different worlds:

  • Bitcoin-Native Layer 1 Protocol

    Bitway is a Layer 1 blockchain designed specifically for Bitcoin business. Layer 1 blockchains are the “main roads” of the blockchain world, like Bitcoin and Ethereum. Bitway’s special feature is that it is “Bitcoin-native,” meaning it was designed from the ground up to integrate with the Bitcoin ecosystem.

  • Consensus Mechanism: Proof-of-Stake (PoS)

    Bitway Ledger uses the Proof-of-Stake (PoS) consensus mechanism. PoS is like a “democratic voting” system: those who hold and lock (stake) more BTW tokens have a higher chance of being selected to validate transactions and create new blocks, thus maintaining network security and earning rewards. This is different from Bitcoin’s Proof-of-Work (PoW) mechanism; PoS is generally considered more energy-efficient and faster for transactions.

  • Smart Contract Support (EVM/WASM)

    Bitway supports Ethereum Virtual Machine (EVM) and WebAssembly (WASM) smart contracts. Smart contracts are like “automated protocols” on the blockchain that execute automatically when conditions are met. EVM is the standard for the Ethereum ecosystem, so supporting EVM means many Ethereum applications can more easily migrate to Bitway. WASM is a more general technology that supports more programming languages, giving developers greater flexibility.

  • Non-Custodial Bitcoin Collateralized Lending (DLCs)

    Bitway uses Discreet Log Contracts (DLCs) technology to achieve non-custodial Bitcoin lending. Non-custodial means users retain control of their funds when collateralizing Bitcoin, rather than handing them over to the platform, greatly improving security. DLCs are a technology for implementing complex conditional transactions on the Bitcoin blockchain, allowing Bitcoin to be securely locked as collateral.

  • Zero-Fee Transactions and Built-in Sponsorship

    Bitway achieves zero-fee Bitcoin transactions through a built-in “sponsorship” mechanism. This is very user-friendly, meaning you don’t have to pay extra fees for Bitcoin transfers on the Bitway network, which helps improve transaction efficiency and user experience.

  • Compatible with Existing Bitcoin Wallets

    Bitway allows users to interact using their familiar Taproot or Native SegWit Bitcoin wallets, without needing to use EVM wallets or cross-chain bridges. This greatly lowers the barrier for Bitcoin users to enter the Bitway ecosystem and enhances the user experience.

  • Security Audits

    Bitway’s core smart contracts, FROST bridge, Bitway chain, and Bitway Earn vault have all undergone multiple rounds of audits by independent security firms such as Blocksec and Salus to ensure platform security.

Tokenomics

Bitway’s token is BTW, which serves as the “fuel” and “voting power” of the entire Bitway ecosystem.

  • Token Symbol and Issuing Chain

    The token symbol is BTW. According to the information, BTW’s public blockchain is BSC (Binance Smart Chain).

  • Total Supply and Circulation

    BTW’s total supply is 10 billion tokens. The maximum supply is also 10 billion. At the token generation event (TGE), the initial circulating supply is 2.2 billion, accounting for 22% of the total supply.

  • Token Utility

    BTW tokens play multiple roles in the Bitway ecosystem:

    • Staking and Network Security: As the native staking and gas (fee) token of Bitway Ledger (PoS chain). Validators need to stake BTW to participate in consensus, maintain network security, and earn staking rewards.
    • Governance: BTW is Bitway’s governance token. Token holders can vote on protocol upgrades, economic parameter adjustments, treasury allocations, and strategic decisions for the ecosystem.
    • Access and Rewards: BTW is also used for access permissions and reward mechanisms within the ecosystem.
  • Token Distribution and Unlocking

    Although the detailed allocation ratios have not been fully disclosed, the information mentions that BTW has a structured vesting schedule aimed at promoting the long-term development of the ecosystem. The initial circulating supply is 22%.

Please note, the above information is for project introduction only and does not constitute any investment advice. The cryptocurrency market is highly volatile; invest with caution.

Team, Governance, and Funding

  • Core Members and Team Features

    The Bitway project is developed by Side Labs Inc., whose core team has experience in protocol research and infrastructure. The founding team has backgrounds from Binance Labs. In addition, CoinLaunch’s report notes that core team members also have work experience at Facebook and Binance Labs.

  • Governance Mechanism

    Bitway adopts a decentralized governance model, with BTW token holders having governance rights. This means community members can vote on major protocol decisions by holding and staking BTW tokens, such as protocol upgrades, economic parameter adjustments, treasury fund allocations, and the project’s future direction.

  • Funding and Financing

    The Bitway project has received support and investment from several well-known institutions, including YZi Labs (formerly Binance Labs), TRON, HTX, HashKey Capital, KR1, Continue Capital, Symbolic Capital, and others.

    The project has completed multiple funding rounds:

    • July 2023: Pre-seed round raised $1.5 million, valuation $30 million.
    • December 2024: Public round raised $39,320, valuation $90.65 million.
    • August 2025: Strategic round, amount TBD, valuation $100 million.
    • January 2026: Seed round raised $4.44 million, valuation $50 million.
    • January 2026: Public round raised $1 million.

    To date, the project has raised a total of approximately $6.98 million.

Roadmap

Bitway has a clear and execution-focused roadmap. Here are its key historical milestones and future plans:

  • July 2023: Completed pre-seed round, raising $1.5 million.
  • November 26 – December 15, 2024: Side Protocol (Bitway’s predecessor) conducted airdrop registration.
  • December 2024: Completed public round, raising $39,320.
  • January 2025: First security audit (by Blocksec and Salus).
  • August 2025: Received investment from YZi Labs (formerly Binance Labs) through the EASY Residency program to support platform launch. Completed strategic round. Second security audit.
  • October 2025: Third security audit.
  • January 2026: Completed seed round ($4.44 million) and public round ($1 million).
  • Q1 2026: Bitway Earn will be natively integrated into Binance Wallet, expected to reach hundreds of millions of users. BTW token generation event (TGE) begins.
  • March 2, 2026: BTW token begins trading on MEXC, HTX, Bitget, and other exchanges.
  • Q2 2026: Establish strategic partnerships with major industry players. Launch multi-channel marketing campaigns to guide users from Bitway Earn to Bitway Lending and ɃTCT payment products.
  • Q3 2026: Bitway Earn and Lending will expand to more wallets and partner platforms. Introduce institutional partners to provide large-scale liquidity.

Common Risk Reminders

Every blockchain project comes with risks, and Bitway is no exception. It’s important to understand these risks before participating:

  • Technical and Security Risks

    Although Bitway has undergone multiple security audits, risks such as smart contract vulnerabilities, potential attacks on the underlying blockchains (like Bitcoin or Bitway Ledger itself), and cross-chain bridge risks still exist. No technical system can guarantee 100% security.

  • Economic Risks

    The cryptocurrency market is extremely volatile, and the price of BTW tokens may fluctuate sharply. While Bitway Earn and Lending products aim to provide returns, they may still face market risk, liquidation risk (in collateralized lending), and smart contract execution risk. In addition, the project depends on the healthy development of the Bitcoin ecosystem and the overall performance of the DeFi market.

  • Compliance and Operational Risks

    Global regulatory policies on cryptocurrencies are still evolving, and new regulations may be introduced in the future that affect Bitway’s operating model, token issuance, and financial services. The project’s long-term success also depends on the team’s execution, community engagement, and market competition.

Please remember: The above information is for reference only and does not constitute any investment advice. Always do your own research (DYOR) and consult a professional financial advisor before making any investment decisions.

Verification Checklist

For those who want to learn more about Bitway, here are some resources you can check:

  • Official Website: Usually the first choice for the latest project information and whitepaper.
  • Whitepaper: Learn about the project’s technical principles, economic model, and future plans in detail.
  • Block Explorer Contract Address: Find the BTW token’s contract address on the BSC chain to view token circulation, holder distribution, and more.
  • GitHub Activity: If the project is open source, check the update frequency and code contributions on its GitHub repository to assess development progress and activity.
  • Social Media: Follow Bitway’s official Twitter, Telegram, Discord, and other channels for the latest announcements and community discussions.
  • Audit Reports: Review audit reports from Blocksec, Salus, and other firms to understand the project’s security status.

Project Summary

Bitway (BTW) is an ambitious blockchain project aiming to bridge the gap between the Bitcoin ecosystem and the broader decentralized finance (DeFi) and traditional finance (TradFi) sectors by building a Bitcoin-native Layer 1 protocol and infrastructure platform. Through its three core components—Bitway Earn, Bitway Lending, and Bitway Ledger—it offers Bitcoin holders non-custodial lending, zero-fee transactions, stablecoin yields, and the possibility of real-world asset tokenization.

Bitway’s uniqueness lies in its compatibility with existing Bitcoin wallets and its “DeTraFi” model, which combines institutional-grade risk frameworks with on-chain transparency. The project team has backgrounds from Binance Labs and has received investment from well-known institutions including YZi Labs, TRON, and HTX. The BTW token serves as the native utility and governance token of the ecosystem, granting holders the rights to stake, secure the network, and participate in governance.

According to the roadmap, Bitway is in a rapid development phase, planning to integrate with Binance Wallet in 2026, expand partnerships, and introduce institutional liquidity. However, like all emerging blockchain projects, Bitway faces technical, market, and regulatory risks. For those interested, it is recommended to study its whitepaper, audit reports, and community updates in depth, and always keep in mind the inherent risks of cryptocurrency investment.

For more details, please do your own research. This article does not constitute any investment advice.

Disclaimer: The above interpretations are the author's personal opinions. Please verify the accuracy of all information independently. These interpretations do not represent the platform's views and are not intended as investment advice. For more details about the project, please refer to its whitepaper.

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