Bitcoin Layer 2s Race
This is a news story, published by CoinGape, that relates primarily to Bitcoin news.
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Bitcoin Layer2CoinGape
•Technology
Technology
Bitcoin Layer 2s like Bitlayer are making significant efforts to introduce architecture-like capabilities to the Bitcoin network
63% Informative
Bitcoin has struggled to scale in proportion to its vast volume and potential.
Nearly 99% of all Bitcoin remains idle in users’ wallets.
Bitcoin Layer 2s should anchor on onchain verification first , then embrace modularity for DA.
Bitcoin ’s ecosystem should adopt adaptable solutions rather than one -size-fits-all standards, says Bitlayer Cofounder Kevin He.
By 2030 , more than $47 billion worth of BTC could be transitioned onto Layer 2 networks, says Galaxy forecasts.
Galaxy forecasts: by 2030 , $ 47B worth of Bitcoin could be transoted onto L2 networks.
Binance Research says that over the past year , Bitcoin DeFi (BTCFi) has become one of the fastest-growing sectors.
VR Score
58
Informative language
59
Neutral language
27
Article tone
formal
Language
English
Language complexity
60
Offensive language
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Hate speech
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Attention-grabbing headline
detected
Known propaganda techniques
not detected
Time-value
long-living
External references
1
Source diversity
1
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