Bitcoin Layer 2s: What They Are and How They Work | Ledger

January 10, 2024
KEY TAKEAWAYS: — Bitcoin is the world’s first, functional, and fully decentralized ‘peer-to-peer (P2P) money’, and now, the biggest blockchain by market capitalization. — To maximize security and decentralization, the network compromised scalability which has caused high fees and slow transaction times as more users joined the network. — Bitcoin Layer 2s aim to boost […]

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