Bitcoin's 2024 Revolution: L2s & Beyond | Eric Wall
Bankless
Innovations in Bitcoin: Sovereign Roll-ups and Layer Two Solutions
This chapter examines the innovative developments in the Bitcoin ecosystem, particularly focusing on sovereign roll-ups and their potential to enhance Bitcoin’s functionality. It contrasts the complexities of BRC20 tokens with the more efficient Runes system and discusses the growing necessity for layer two solutions to improve scalability and user experience. Additionally, the chapter covers the increased interest from investors in developing second-layer technologies to address transaction fee challenges and optimize Bitcoin's usability.
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