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Exploring Bitcoin Layer 2 Projects Shaping the Future of Blockchain

  • Bitcoin Layer 2 projects, such as Core Chain and Bitlayer, are revolutionizing blockchain with scalability and security features.
  • Core Chain combines the decentralization of Bitcoin and flexibility of Ethereum, allowing Bitcoin miners to extend their involvement in layer 2 ecosystems.
  • Bitlayer enhances Bitcoin's scalability with BitVM technology, providing effective transaction processing without burdening the main network.
  • Merlin Chain and B-Squared utilize zk-rollup technology to improve Bitcoin ecosystem through innovations in DeFi and off-chain transaction processing.
  • BOB bridges Bitcoin and Ethereum with a hybrid layer 2 solution, ensuring the security of both blockchains through merge mining.

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