Layer 2 Labs Raises $3M At Launch To Supercharge Bitcoin’s Ecosystem
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The firm, led by BIP 300 and BIP 301 author Paul Sztorc, is on a mission to bring privacy, scalability and better UX solutions to Bitcoin. Layer 2 Labs is launching with the goal of scaling and building out drivechains for the Bitcoin Network. The company has closed a seed round at launch, raising $3 million in funding. Layer 2 Labs co-founder and CEO Paul Sztorc said in a statement sent to BitcoinLinux that the firm seeks to “make everyone in the world a Bitcoin user.” Sztorc is the author of two Bitcoin improvement proposals (BIPs), BIP 300 and BIP
raven has proposed a bounty1 for researching the potential implementation of drivechain2 on Monero: Research if implementing drivechain is possible on Monero from a technical perspective, and the amount of effort involved. Research what is the community sentiment. Total Bounty: 1.065 XMR (to date) Anyone can increase the bounty by…
Key Highlights Michael Saylor said BIP-110 lacks meaningful economic consensus despite reported node adoption. He argued Bitcoin is not “one node, one vote,” stressing that economic participants carry greater influence. Saylor claimed more than 99% of Bitcoin’s economic weight has not adopted BIP-110 and reiterated his opposition. Michael Saylor, Executive…
Explaining the controversy around Bitcoin’s BIP 119 (CTV) proposal and debunking some myths that in part fueled it. It’s been hard to ignore the discussion around CheckTemplateVerify (CTV) over the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…