Bitcoin's 2024 Revolution: L2s & Beyond | Eric Wall
Bankless
Navigating Bitcoin's Layer 2 Challenges
This chapter explores the complexities of implementing BitVM and the associated liquidity management issues for Bitcoin's layer 2 solutions. It critiques existing technologies like Lightning Network and Stacks, addressing usability concerns and highlighting the need for advancements such as covenants. The discussion emphasizes the importance of diligence in a landscape filled with scams and misinformation, while celebrating ongoing innovation within the Bitcoin ecosystem.
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