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0xResearch

Unlocking Bitcoin's Economy with L2s | Orkun, Citrea Co-founder

Apr 5, 2024
54:46
Snipd AI
Orkun, Co-founder of Citrea, discusses differences in Bitcoin L2s, trust assumptions, design tradeoffs, and challenges faced. Explore Citra VM, proof generation, and potential for a real economy. Learn about Wormhole as an interoperability platform, NFTs, and fund transfers on Bitcoin's Layer 2. Delve into L2 transaction fees, scalability solutions, use cases, and innovations in the crypto space.
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Podcast summary created with Snipd AI

Quick takeaways

  • Bitcoin aims to establish a real economy, expanding beyond mere currency status.
  • Bitcoin L2s tackle challenges with zk architecture for scalable settlement improvement.

Deep dives

Bitcoin as the Foundation for the Economy

Bitcoin is seen as the foundation for a robust economy, with efforts to enable a real economy around it. The aim is to go beyond just viewing Bitcoin as a currency but as a tool to facilitate an economy.

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