Bitcoin Layers

/bitcoinlayers97

Documenting Bitcoin layers and the technologies beneath them

A new DAO has appeared to support bitcoin builders!

The Rootstock Collective!!!
Did a podcast with Alexei Zamyatin on BitVM2 which enables a SNARK verifier and improved Bitcoin bridge designs

Check it out 🙂 https://www.youtube.com/watch?v=aOlPZ0o1UEY
cbBTC announced. Base creator saying Base will be a home for BTC.

I don't see how Base doesn't take a large % of the bitcoin layers marketshare.
Bitcoin layer 2’s are slow just like most of the teams building them.
started playing with some bitcoin "L2s" today

withdrawals not enabled... v1 mainnets operated by trusted validators... multisig wallets custodying millions worth of BTC...

fedimints literally have better trust assumptions
sent 50 bucks across the world in seconds, for less than a cent, on a rollup

when rollups on bitcoin?
Wrote a post and explored how we can have a BitVM bridge program (or Bitcoin sidechain) execute an Espresso light client optimistically

this would support BitVM rollups integrations with Espresso! https://hackmd.io/@januszgrze/espresso-on-bitcoin
everyone, and I mean everyone, lost their fucking mind at bitcoin magazine today.

what they said wasn't that controversial
new page up on the "Bitcoin Rollups" website! it covers how rollups could support new execution environments on top of Bitcoin https://www.bitcoinrollups.io/research-applications/execution-environments
We should be skeptical of the statement that L2s *need* tokens.

Does it help bootstrap the ecosystem + (maybe) build your own sequencer/prover protocol? Yes.

But saying it's a necessity isn't true imo.
BitVM was a huge technical breakthrough! It’s being explored by several teams to enable optimistic bridging from Bitcoin to L2s