๐ช ๐ฑ โฟ Ecosystem ๐งฐ ๐จโ๐ญโ
๐ Bitcoin's Layered Architecture:
๐น Layer 1: Bitcoin's blockchain
๐น Layer 2: Scaling solutions like Lightning Network
๐น Layer 3: Decentralized applications (dApps)
๐ซ Building on BTC: Scalability Solutions
Recent developments:
๐น Lightning Network (LN) expansion
๐น Liquid Network's tokenized assets
๐น RSK (Rootstock) smart contract platform updates
๐ BTC-based DeFi platforms:
๐น Aave: Lending and borrowing
๐น Compound: Lending and yield farming
๐น Sovryn: Decentralized exchange (DEX) launch
๐จ Non-Fungible Tokens (NFTs) on BTC:
๐น Rarible: Create, buy, and sell NFTs
๐น Mintable: Create and manage NFTs
๐น Bitcoin Blocks: NFT marketplace launch
๐ฎ BTC-based gaming platforms:
๐น Satoshi Dice: Decentralized gaming
๐น Bitcoin Games: Casino and gaming platform updates
๐ค Bitcoin's Smart Contract Platforms:
๐น RSK (Rootstock) updates
๐น Liquid Network's smart contracts
๐น Simplicity Protocol launch
๐ Cross-Chain Interoperability:
๐น Polkadot (DOT) integration
๐น Cosmos (ATOM) updates
๐น Thorchain (RUNE) launch
๐ Bitcoin's Future Developments:
๐น Taproot: Improved privacy and scalability
๐น Schnorr Signatures: Enhanced security
