Bitcoin

Currently pondering on what makes a Bitcoin L2 actually a Bitcoin L2 (right now).

I think the main two requirements are either:

- does it use Bitcoin for DA
- is it a PoW protocol that lets Bitcoin miners merge-mine

Most “Bitcoin L2s” on Twitter right now do neither.

What are your thoughts on Proof of Transfer with Stacks?

What are your thoughts on Proof of Transfer with Stacks?

https://x.com/muneeb/status/1514739253602930694?s=20

Founder @ taptive.xyz | Helped 30+ communities engage their members w/ writing cohorts | Helping builders build on Bitcoin | https://twitter.com/grant_nissly

I don’t think using PoX or staking BTC makes you a Bitcoin L2. You need to pay Bitcoin for security, not use Bitcoin to pay for security imo