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The Scoop
How layer-2s are trying to transform Bitcoin's culture
Mar 18, 2024
The podcast delves into the growth and importance of Bitcoin Layer 2 solutions, highlighting the need for BTC capital in L2s and the potential for on-chain use cases to increase Bitcoin's value. It explores the evolution of Bitcoin's building culture towards L2 solutions, the emergence of Bitcoin roll-ups, the debate on Bitcoin's ecosystem and token value, and upcoming changes in the Trust Network ecosystem for Bitcoin's Layer 2.
39:05
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Quick takeaways
- Bitcoin L2 solutions enhance BTC value by making capital more productive through on-chain uses.
- The emergence of Ordano reflects a shift towards a collaborative and inclusive culture in Bitcoin development, attracting a broader user base.
Deep dives
Evolution of Stacks and Trust Machines
Stax, starting in late 2017, emerged as a Bitcoin L2 solution due to scaling issues faced by Bitcoin developers in 2017. Stax focused on safer programming languages leading to the launch of Clarity in 2021 and a SEC qualified offering for broader participation in initial offerings. Trust Machines, aiming to build innovative protocols on Stax, raised fresh capital supporting Bitcoin's L2 emergence.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode