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Bitcoin's L2 Protocol Sees Wave of Adoption, But Security Still Needs to Improve

Bitcoin's L2 Protocol Sees Wave of Adoption, But Security Still Needs to Improve

Bitget2024/07/29 22:27
BTC-1.89%

The Bitcoin 2024 conference in Nashville showcased dozens of protocols that are driving innovation in the Bitcoin blockchain.Bitlayer co-founder Charlie Hu said Franklin Templeton is exploring ways to unlock revenue for customers through the Bitcoin network by supporting protocols such as Bitlayer.Build On Bitcoin Co-founder Alexei Zamyatin talked about security issues with Bitcoin L2 and presented research on the virtual machine BitVM.B2 Network co-founder Calvin argued that Bitcoin can be an entry point to the non-crypto world and emphasised the importance of continuing to build to expand the Bitcoin infrastructure.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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