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DeFi and stablecoins are coming to the Bitcoin ecosystem

The Scoop

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Challenges and Opportunities in Building Bitcoin Layer 2 Solutions

The chapter explores the hurdles faced in creating layer 2 solutions on the Bitcoin network, including issues with the UTXO model and technical barriers. It delves into the convergence of Bitcoin and Ethereum communities with the introduction of StarkNet's Bitcoin layer two solution, highlighting the potential for growth in a Bitcoin-native DeFi ecosystem.

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