Layer Two Labs wants Bitcoin to have privacy, scale, and versatility. First, they will focus on the Bip300 sidechain. They have 6 sidechain-designs in development already, including two which are exact clones of Ethereum and zCash. These allow for immediate global scale, easy-to-use impenetrable privacy, and total protocol flexibility. However, infighting amongst Bitcoin maximalists have slowed any kind of movement forward.
Guest: Paul Sztorc, Founder and CEO · LayerTwo Labs
LayerTwo Labs website ➜ https://layer2labs.com/
~This episode is sponsored by iTrust Capital~
iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul
#Bitcoin #Ethereum #Crypto
~Bitcoin Copying Ethereum | Bitcoin Layer-2 Innovation Dead? INTERVIEW~
⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺
Become a Diamond Circle Member FREE! ➜ https://bit.ly/PBDiamondCircle
Subscribe on YouTube ✅ https://bit.ly/PBNYoutubeSubscribe
Facebook 📱 https://bit.ly/PBNfacebook
Twitter 📱 http://bit.ly/PBNtwitter
Crypto Power Index Beta Access ➜ https://bit.ly/CryptoPowerIndex
Looking for the best tax havens for Crypto? Free Month with iTrust Capital – Use PROMO CODE – PAUL BARRON https://rebrand.ly/PAULBARRON
───────────────────────────
31 Comments
Jag är nr1🤗bra jobbat Paul 😊
Second
Bitcon is garbage for the sheep
RootStock Chain has been live for 5 years.. Smart contract layer for BTC.. It’s works great, tx are secured by miners & not validators.
ICP?
Vitalik tried to create his colored coins on bitcoin before creating ethereum because bitcoin was moving too slow for him. Everything worth being made will be made on bitcoin eventually. It is not bitcoin copying ethereum, it is ethereum and all other cryptos being a test net for bitcoin.
Recommend a deep dive on ZCash … got a small 🛍️ from Binance US
Bitcoin is a dinosaur there are much better innovative crypto its time to move on Bitcoin wont go over $40K ever again other cryptos will be separated from buitcoin from a market standpoint and will move to new highs without Bitcoin taking up half the market cap
Thanks, Paul! Happy Sunday!
[Laughs in Monero]
Stax? Already a layer two for BTC
Adoption is crap, everyone cares about get rich scheme. Devs are busy dumping on "investors". So many years and there is no logic way for ppl to enter crypto. Instead real adoption all focus was on exchanges and ways to wreck ppl and grab their money. Adoption of crypto casino, thats all it is.
I think these guys are anti-BTC… causing FUD won't help
Paul, love this video, so excited. The development of an ETH like layer around BTC could essentially usher in the completion of all the Satoshi white paper goals.
Ethereum copy cats
Bitcoin pretends to copy Ethereum but can't. Stacks isn't a real L2 its a totally new coin pretending to be L2 !
ETH FLIPPING BTC
I think Bitcoiners have a communication problem, instead of maxis, old school tech guys and Saylor we need people who can talk and explain things in a simple and charismatic manner.
eCash XEC is already acting like L2 of BTC. It scalable and has anything in which ETH can do.
Rootstock is not ETHside on Bitcoin? it just doesn't have a traction
Wish more attention paid to this subject. Very interested to know more about this going forward. BTC would be worth so much more if developers could get moving with improving user experience and use cases.
Why does BTC need to function like Ethereum. Two completely different projects.
BITCOIN is not a store of value, lightning network doesn't and will never work BTC is fake bitcoin, every one talks about satoshi white paper but by the sound of it no one seem to have actually read it, or understand what it is, if this was 2017 or 18 it's forgivable but it's 2023 that's 14 years since bitcoin is released and everyone still can't tell the real bitcoin from the fake one, do you all love to loose money?
Bsv have solved this in 2018 by re enabling all the codes that was disabled in BTC, the prove of concept and application is built already like twetch, handcash, bit nitro and many more where users get micro payments, because you thought and input has value
Btc is old tech. Give up lol
Don't let the fear of losing be greater than the excitement of winning
Good debate. More discussion needed on this topic
User experience is straight dog trash. Why is no one making it a UI like buying off Amazon, Walmart etc. It's like they don't want growth. We'd be so much closer on adoption simply de-nerdifying it
STACKS. Done.
Lightning need investment (called channel/collateral), but this is a blessing in disguise to force liquidity guarantee… now multipath is being researched , to utilize all liquidity in total, which in now reach >5K btc … the target the total liquidity can reach bilateral export and import scale, so simply can replace swift👌 since bitcoin itself very reliable anywhere in the internet, many plebs would convert it back to fiat using fintech such paypal …but the challange, how about local currencies conversion from/to bitcoin if used as export import world trading, who would provide the cash otc? if somehow the bitcoin's volatility become the fud, just like mining using coal power plant also become the fud …not like usd used by swift, which always stable
This is fresh seeing this perspective in Bitcoin that isn't Saylor or Shiff. Too much religion/politics nowadays, and this guy is very methodical and trying to create solutions.