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Understanding Bitcoin Layer 2 Security
This chapter delves into the security risks and solutions of Bitcoin Layer 2 technologies, focusing on zero-knowledge proofs (ZK proofs) and trust-minimized approaches. It discusses the potential for integrating features that enhance user autonomy and liquidity, as well as strategies for onboarding Bitcoin users to decentralized finance (DeFi) applications. The conversation emphasizes the need for developer engagement and the implications of these advancements on Bitcoin's transaction fees and security.