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The basic knowledge system of Bitcoin Layer 2 network The rise of Bitcoin inscriptions has brought new vitality to the Bitcoin ecosystem, attracting more attention to Bitcoin. In the technological development of the Bitcoin ecosystem, Layer 2 construction is of utmost importance. This article summarizes the basic knowledge of Bitcoin Layer 2, hoping to spark discussions and promote the development of this field. The blockchain world starts with Bitcoin and ends with the Bitcoin ecosystem. Ethereum can also be regarded as an exploration of a side chain technology of Bitcoin. 1. The mission to be accomplished by Layer 2 To understand what basic issues need to be addressed in the construction of Bitcoin's second layer, we will first start with the foundational characteristics of blockchain systems. 1.1 Basic Features and Requirements of Blockchain The blockchain can be seen as a "world computer". From this perspective, we can understand the various characteristics of blockchain: - Open and Transparent: This is a characteristic of blockchain's data storage and execution instructions, and it requires the participation of numerous global分

Basic Knowledge System of Bitcoin Layer 2 Network The rise of Bitcoin inscriptions has brought new vitality to the Bitcoin ecosystem, attracting more attention to Bitcoin. Some believe this has opened Pandora's box for the Bitcoin ecosystem. Among the various technological developments in the Bitcoin ecosystem, layer two construction is of utmost importance. This article aims to summarize the basic knowledge of Bitcoin layer two, hoping to provoke thought and attract more people to refine related ideas, thereby promoting the development of this field. The blockchain world begins with Bitcoin and ends with the Bitcoin ecosystem. Ethereum can also be seen as an exploration of a sidechain technology of Bitcoin. 1. The mission to be accomplished by Layer 2 To understand the basic issues that need to be addressed in the construction of Bitcoin's second layer, we begin with the fundamental characteristics of blockchain systems. 1.1 Basic Characteristics and Requirements of Blockchain Blockchain can be seen as a "world computer". From this perspective, we can understand the various characteristics of blockchain:

The L2 (Layer 2) network of BTC aims to improve the scalability, speed, and cost-effectiveness of BTC. These protocols simplify transaction processing and, in some cases, enable smart contract functionality, thereby addressing the limitations of BTC and making its ecosystem more scalable and feature-rich.

Bitcoin Layer-2 networks are secondary protocols built on top of the Bitcoin blockchain to enhance its scalability and transaction efficiency. They allow for faster and cheaper transactions by processing off-chain, thereby reducing congestion.

Several viewpoints on this bull run 1. The maximum resistance level for Ethereum in this bull run is at the exchange rate of 0.055 against Bitcoin, and it should not exceed 0.07, as the exchange rate is a large-level pullback rather than a reversal. The next bull run is expected to be even worse. 2. The bull run is initially estimated to end in September. If there are fundamental influences that lead to the extension of the bull run, it is also possible to see it continue, but it can only last until the end of 2025. In any case, this year will see the end of the bull run, so it's better to plan to exit by the end of August. 3. Altcoins will perform well because Bitcoin's market cap has reached a high point in this bull run, so in the future, it will slowly start to decline. This does not mean that Bitcoin will not rise, but rather that over the next six months, it will gradually become less able to rise, with funds flowing to other coins. 4. In this round of the bull run, meme coins serve as the main narrative, and the infrastructure for meme coins must be considered. Currently, bonk is the main battlefield for its outbreak, so it is worth looking forward to. This was mentioned six months ago, and now we just need to wait for the harvest. 5. The market capitalization resistance level of Ethereum is 16.5, currently at 11.65, leaving a considerable space. #打榜优质内容#