Quote from: Faisal2202 on June 19, 2024, 06:13:51 PM

Quote from: Sane001 on June 19, 2024, 11:45:16 AM

Quote from: Dawns_Xu on June 19, 2024, 03:09:30 AM

Do you think bitcoin layer2 will come ?

Please can someone educate me what bitcoin layer2 is all about??

I suggest you to read the replies of members above your post, L2 means layer 2 networks that are built on the first layer or main layer of the coin we are talking about as in terms of BTC the main layer is BTC network but if we talk about l2 network they are built on the layer of BTC network and require us to pay the lesser fee and some are more secure, more compatible, faster, there are different versions of L2 like a taproot, Lighting network, Liquid network, and now we are seeing many apps being built of BTC network.

These apps are leveraging the L2 networks built for BTC on its main layer. To understand it in short, its like a shortcut way to perform the task using the main way. Or in another way, BTC is the main road, while the L2 are the fast lane where the tx are cost effective and fast.

Agree about lesser fees and faster transacting time but to say that they are more secure? I doubt that, especially if we are talking about Bitcoin. Bitcoin must be the most secure network among all.

Indeed there are plenty of new stuffs now that we think are not possible with Bitcoin anymore but it's just that humans are too smart and not contented. L2's can give great benefits but what is nice to know is that they don't heavily charge us, though if only the main chains do the same thing, then we may not also see them. The short cut you said can be true because it may take them a long time to improve the main chains and it can also cost them more money.