Bitcoin Layer Two refers to protocols built atop the foundational Bitcoin blockchain to enhance its transaction capacity and speed. These secondary layers process transactions off the main chain, aggregating them before final settlement on the primary network. Examples include the Lightning Network, which enables swift, low-cost payments. Such solutions aim to overcome Bitcoin’s inherent scalability limitations without altering its core security principles.
Context
The ongoing discourse regarding Bitcoin Layer Two solutions highlights their critical role in expanding Bitcoin’s utility beyond a store of value. A significant area of focus involves improving user experience and increasing adoption for everyday transactions. Future advancements are expected to further decentralize these layers and broaden their application within the wider digital economy.
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