Bitcoin Magazine Bitcoin Layer 2: Statechains Statechains are an original second layer protocol originally developed by Ruben Somsen in 2018, depending on the eltoo (or LN Symmetry) proposal. In 2021 a variation of the original proposal, Mercury, was built by CommerceBlock. In 2024, a further iteration of the original Mercury scheme was built, Mercury Layer. […]
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Bitcoin Magazine Bitcoin Layer 2: Ark Ark is a novel off-chain transaction batching mechanism originally proposed by Burak, a young Turkish developer. There are currently two implementations being built, one by Ark Labs, and the other by Second, neither of which Burak is involved with. The original proposal for Ark was much more complicated, and
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Bitcoin Magazine Botanix Launches Federated Sidechain with 16 Members On Testnet Botanix Labs has launched Botanix on testnet as a federated sidechain built on Bitcoin with a 16-node founding federation that includes XBTO, Fireblocks, Antpool, UTXO Management, and other entities (full list below). The federation ensures that no single entity — including Botanix Labs — controls
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Bitcoin Magazine What to expect from the BTCfi & L2s companies at the Bitcoin Conference in Vegas The annual Bitcoin Conference in Las Vegas is a pivotal event for the Bitcoin ecosystem, where companies unveil breakthroughs, announce partnerships, and deliver speeches that shape the narrative of digital assets. For many, the sheer volume of information
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