The Bitcoin ecosystem is bound to have a big wave.
The Bitcoin Layer2 track has been quite lively recently... @ListaDAO lista
BitlayerLabs Bitlayer is quite an interesting project, claiming to be the first solution based on BitVM, with a TVL that has already reached 430 million USD.
What interests me the most is their dual-layer architecture:
PoS is responsible for fast block production, while the Bitcoin main chain ensures security.
This design is much more reliable than those projects that solely rely on multi-signature bridges...
Moreover, they already have over 100 dApps in their ecosystem, ranging from DeFi to games.
Recently, they are also running a Booster event for Binance Wallet, airdropping 5.15 million BTR tokens.
In terms of technology, the combination of BitVM's recursive proof and zero-knowledge proof is quite innovative, reportedly achieving sub-second soft confirmations and 7-day hard confirmations.
However, the key point is whether they can achieve the goal of 20,000 TPS by the end of the year... #bitlayerTGE $LISTA
Do you think such Bitcoin Layer2 projects can break Ethereum Rollup's monopoly?
Let's chat about your views in the comments. #listadao