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- 🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
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🔰Good morning everyone
🔥The reason why Bitcoin Layer 2 projects will become optional when BTC explodes?
-In production : Stacks, ICP, Rootstock, core dao
-upcoming : Citrea,Mercury layer, Bitlayer, Botanis
-Infrastructure: Nubit, Sovrn, calestia, Babylon chain.
Check this :
🔥Bitcoin Layer-2 is a secondary protocol built on top of the active Bitcoin network. The protocol can operate independently of the Bitcoin mainnet, while still utilizing the security and decentralization of the main blockchain.
One of the main goals of Bitcoin Layer-2 is to increase the capacity of the Bitcoin network to accommodate larger volumes of transactions.
Typically, off-chain processing components are used in the Bitcoin Layer-2 protocol to overcome the performance and cost limitations of the Bitcoin Layer-1 network.
Hope it is useful
Didi Chanel