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Bitcoin Layer 2s Keep Failing Because They’re Not Real Layer 2s

Bitcoin Layer 2s Keep Failing Because They’re Not Real Layer 2s

Published 9 hours ago
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This story was originally published on HackerNoon at: https://hackernoon.com/bitcoin-layer-2s-keep-failing-because-theyre-not-real-layer-2s.
Bitcoin layer 2s are failing by design, lacking true security, decentralisation, and scaling. Most are sidechains built to extract value, not improve Bitcoin.
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #bitcoin, #bitcoin-layer-2, #bitcoin-defi, #bitcoin-scaling-solutions, #verifiable-execution-rollups, #bitcoin-sidechains-vs-l2, #bitvm-bitcoin-rollups, #good-company, and more.

This story was written by: @opnet. Learn more about this writer by checking @opnet's about page, and for more stories, please visit hackernoon.com.

Most Bitcoin “layer 2s” aren’t real L2s. They rely on bridges, tokens and new consensus, adding risk instead of scaling Bitcoin. True solutions must inherit Bitcoin’s security.

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