Complete overview of the Bitcoin & Layer 2 ecosystem
Hot keywords
• #Runes - Runes Protocol, a fungible token protocol replacing BRC20
• #BRC20 - The most popular fungible token standard in the Bitcoin system
• #Ordinals - Protocol for NFTs
• #BTCLayer2 - Scaling solution for Bitcoin
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Upcoming important events
• Bitcoin Halving (April 20)
• Runes Protocol Mainnet (April 20)
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Protocols on Bitcoin
• Ordinals Protocol: Platform of Inscriptions (NFT) + BRC-20 on Bitcoin
• Runes Protocol: Created by the founder of Ordinals Protocol to replace BRC-20, compatible with Bitcoin's UTXO.
• Atomicals: Supports simple smart contracts
• Pipe Protocol: Security + privacy
• SRC-20: EVM compatible
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Scalable solutions
• Sidechain: Independent chain that works in parallel with Bitcoin - @MerlinLayer2, @babylon_chain, @bounce_bit
• Rollup: Roll transactions and send them to the Bitcoin network, inheriting security from Bitcoin - @BitlayerLabs, $BOB, @BSquaredNetwork
• State Channels: Fast and cheap offchain transaction channels, often used for Bitcoin payments - @lightning