"#Layer 2 solutions can resolve #Bitcoin's scalability issues. It's a move towards a more fast-paced crypto landscape.
11 Jul 2023, 20:37
π β#Layer 2 solutions can resolve #Bitcoinβs scalability issues. Itβs a move towards a more fast-paced crypto landscape.β - @VitalikButerin π₯
Is he talking about #Rootstock? Listen to the whole talk here:
β As a Layer 2, Rootstock directly inherits the security of the #Bitcoin network. Rootstock can be optimized for DeFi and scalable solutions whilst Bitcoin does the heavy lifting securing the network.
π₯On the flip side, Bitcoin's security isn't compromised as Rootstock scales its usability β itβs a win-win.
ποΈ By adding smart contract functionality, Rootstock launches #Bitcoin from just a store of value to a vibrant ecosystem that can power a wide array of DeFi applications.
π Transacting on the #Rootstock network also significantly enhances transaction speed β offering scalability that's crucial for the real-world adoption of Bitcoin.
π± Rootstock is also energy efficient. It leverages Bitcoin's existing infrastructure through merged mining β helping to drive sustainability in the blockchain ecosystem
π So, what do you think? Is Vitalik hinting that solutions like Rootstock are the future for Bitcoin? Join the Rootstock community on Discord to see what comes next π
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