🪙 🌱 ₿ Ecosystem 🧰 👨🏭⌚
📈 Bitcoin's Layered Architecture:
🔹 Layer 1: Bitcoin's blockchain
🔹 Layer 2: Scaling solutions like Lightning Network
🔹 Layer 3: Decentralized applications (dApps)
🚫 Building on BTC: Scalability Solutions
Recent developments:
🔹 Lightning Network (LN) expansion
🔹 Liquid Network's tokenized assets
🔹 RSK (Rootstock) smart contract platform updates
📊 BTC-based DeFi platforms:
🔹 Aave: Lending and borrowing
🔹 Compound: Lending and yield farming
🔹 Sovryn: Decentralized exchange (DEX) launch
🎨 Non-Fungible Tokens (NFTs) on BTC:
🔹 Rarible: Create, buy, and sell NFTs
🔹 Mintable: Create and manage NFTs
🔹 Bitcoin Blocks: NFT marketplace launch
🎮 BTC-based gaming platforms:
🔹 Satoshi Dice: Decentralized gaming
🔹 Bitcoin Games: Casino and gaming platform updates
🤖 Bitcoin's Smart Contract Platforms:
🔹 RSK (Rootstock) updates
🔹 Liquid Network's smart contracts
🔹 Simplicity Protocol launch
🌐 Cross-Chain Interoperability:
🔹 Polkadot (DOT) integration
🔹 Cosmos (ATOM) updates
🔹 Thorchain (RUNE) launch
🔒 Bitcoin's Future Developments:
🔹 Taproot: Improved privacy and scalability
🔹 Schnorr Signatures: Enhanced security
