The 'Second Layer Narrative' of Bitcoin's Endgame: Why Bitlayer May Be the First Truly Usable BTC L2
In 2024, the most attractive narrative in the entire crypto market will undoubtedly be 'Bitcoin Layer2'.
After inscriptions and runes have fully activated the asset issuance capabilities of the Bitcoin mainnet, the question of 'how to have a truly usable, secure, and decentralized application layer for these hundreds of billions of dollars in assets' has become the holy grail pursued by all builders and capital.
We have seen countless L2 solutions emerge, from sidechains to Rollups, flourishing yet chaotic. Many so-called BTC L2s have weak security connections to the Bitcoin mainnet and are essentially independent EVM chains that only 'ride' on Bitcoin's popularity.