GOAT Explains Why Bitcoin Needs Layer 2s Now
An article discusses Cardinal, a Bitcoin–Cardano bridge that uses MuSig2 and BitVMX to enable secure, programmable interaction between the two ecosystems.
goat.network/blog
🔗
Why Do We Need Bitcoin L2s?
The biggest appeal of the Bitcoin mainnet is its security. But that security assumption depends largely on the economic incentive that Bitcoin miners get.
With Bitcoin halving events making mining rewards increasingly scarce, those incentives are at risk, with miners now only able to earn a sliver of transaction revenue.