Evolving Bitcoin: Challenges and Innovations

This chapter explores the challenges and innovations surrounding Bitcoin as a programmable financial asset, with a focus on the emergence of Bitlayer and institutional investments. It highlights the ongoing skepticism within the Bitcoin community regarding scalability solutions and emphasizes the need for trustless environments to uphold Bitcoin's security. The discussion also reflects on the changing landscape of Bitcoin adoption and the growing demand for yield-generating solutions, showcasing key developments like the ordinal summit and new protocols.