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Lava Founder: It is estimated that about 400 "second layer" solutions are running on the Bitcoin blockchain

Lava Founder: It is estimated that about 400 "second layer" solutions are running on the Bitcoin blockchain

Bitget2024/08/30 05:07

On August 30th, according to Protos, Lava founder Shehzan stated that there are approximately 400 "second layer" solutions running on the Bitcoin blockchain. Shehzan pointed out in the "Gwart Show" on August 25th that the actual value of these roll-ups and alternative blockchains is questionable. Some people believe that there are only about 80 to 85 such projects, while others estimate more than a thousand. The difference in estimates is so large because anyone can "roll-up" data and broadcast a tiny hash to any miner, technically creating a "Bitcoin second layer". Among these second-layer solutions, many are simply clones of Ethereum roll-ups, mainly processing data on centralized servers outside the Bitcoin network and periodically broadcasting state hashes into Bitcoin blocks.

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