On March 27th, 2024, a Twitter Space event titled “Unlock Bitcoin’s Potential: The Power of Layer 2” brought together several experts and thought leaders to discuss the emerging landscape of Bitcoin layer-2 solutions and their potential impact on the broader cryptocurrency ecosystem.  The panel featured: The discussion aimed to explore the rise of layer 2 […]

The post Unlocking Bitcoin’s Potential: The Power of Layer 2 appeared first on Coin Edition.

On March 27th, 2024, a Twitter Space event titled “Unlock Bitcoin’s Potential: The Power of Layer 2” brought together several experts and thought leaders to discuss the emerging landscape of Bitcoin layer-2 solutions and their potential impact on the broader cryptocurrency ecosystem. 

The panel featured:

  • Elian Decrypto, Chief Meme Officer at Inscribed Satoshis
  • Claudio Cossio, Co-Founder of METAPOOL  
  • Cookie, Founder of Pizza Lab
  • Jeff Ko, Senior Researcher at CoinEx

The discussion aimed to explore the rise of layer 2 scaling solutions for Bitcoin, their advantages and challenges compared to Ethereum layer 2s, the growth of the Ordinals and Bitcoin NFT market, and the future of technologies like DeFi and the Lightning Network on Bitcoin.

Key topics addressed included:

  1. Emerging promising Bitcoin layer 2 projects like Merlin Chain, BitSquare, Stacks, and their potential market share capture.
  2. The role of layer 2s in addressing Bitcoin’s scalability challenges and their evolution shaping Bitcoin’s growth trajectory.
  3. The Rise of Bitcoin NFTs and the Ordinal Ecosystem
  4. The prospects for DeFi applications built around BRC20 tokens on the Bitcoin …

The post Unlocking Bitcoin’s Potential: The Power of Layer 2 appeared first on Coin Edition.