Bitcoin Layer 2: The first fully decentralized equivalent EVM
Botanix is a Bitcoin Layer 2 network equivalent to the Ethereum Virtual Machine.
![image JinseFinance](https://image.coinlive.com/24x24/cryptotwits-static/9e021fa1f8e48e84c05a9c950c3e45dd.png)
Botanix is a Bitcoin Layer 2 network equivalent to the Ethereum Virtual Machine.
Mercury Layer implements off-chain transfer and settlement of Bitcoin UTXO through statechains
The concept of Layer 2 is not unique to Bitcoin or Ethereum, but is a general direction of expansion technology in blockchain technology.
The main goal of this design is to build a specially customized Layer 2 network for the Bitcoin blockchain.
In the past three months, the first batch of inscription projects such as Ordinals have set the entire track on fire, and the growth rate of inscription-related star tokens has also been setting new records. This has also given rise to SATS, RATS and even other public chain inscription concepts. hot.
Arbitrum and Optimism have a combined market share of 84%.
The Optimism token spiked to $3.095 as Coinbase launches its Base layer 2 solution built on the Op Stack code.
Revenue drawn away from ETH could result in lower staking yields.
The collapse of algorithmic Terra USD has created many setbacks and distortion in the broader crypto space. The outcome could ...