"Layer 2" is a technological solution built on top of Bitcoin's core blockchain (Layer 1), aimed at improving network performance, speeding up transactions, and reducing costs, without changing the original Bitcoin architecture. These networks help expand scalability and add more functionality to #البيتكوين .
🔥 How do second layer networks for Bitcoin work?
Second layer networks operate by processing some transactions off the main Bitcoin chain, then recording the final result on the main ledger. This reduces pressure on the network and helps execute transactions faster and with lower fees. Some use payment channels (like the Lightning Network), while others offer additional functions like smart contracts and decentralized applications.
🔥Benefits of second layer networks for Bitcoin
1. Speeding up transactions: Providing almost instant transactions.
2. Fee reduction: Lowering transaction costs compared to the first layer.
3. Expanding application capability: Supporting smart contracts and decentralized services.
4. Maintaining Bitcoin's security: Final results depend on Bitcoin, ensuring security is guaranteed.
🔥The most prominent second layer projects for Bitcoin in 2025
1. Lightning Network
The most famous project for speeding up transactions on Bitcoin. It works by creating payment channels between parties, allowing them to exchange instantly and without high fees.
2. Stacks
🚀🔗 Price of Stacks on Binance https://www.binance.com/ar/trade/STX_USDT
It provides a platform for building smart contracts and decentralized applications on top of Bitcoin, with reference to the Bitcoin chain for security verification.
3. Merlin Chain
A modern project that offers a seamless experience for applications and digital assets on Bitcoin, while striking a balance between speed and security.
Follow the price of Merlin Chain on Binance from here https://www.binance.com/ar/futures/MERLUSDT
4. Rootstock Infrastructure Framework (RIF)
It is considered one of the oldest projects, providing infrastructure for smart contracts and decentralized services, such as wallets and identity systems.
🔗 Price of RIF on Binance from here: https://www.binance.com/ar/trade/RIF_USDT?type=spot
5. Nervos Chain (CKB Public Chain)
It provides flexible constructs for knowledge storage and interoperability among different chains, with Bitcoin supported as a foundational layer.
🔗 Price of Nervos on Binance https://www.binance.com/ar/trade/CKB_USDT?type=spot
🔥In conclusion: Second layer networks are a fundamental step in the development journey of Bitcoin, contributing to its scalability and performance improvement, while maintaining the foundations of security and decentralization.