what's Bitcoin Layers?
Bitcoin Layers is a platform dedicated to evaluating and cataloging Bitcoin Layer 2 solutions and related protocols within the cryptocurrency ecosystem. It maintains a comprehensive database of over 500 Bitcoin-backed tokens operating on alternative networks, providing detailed assessments of their technical architectures, consensus mechanisms, and integration with the Bitcoin blockchain. The platform emphasizes standards for what qualifies as a true Bitcoin layer, distinguishing between native layers and alternative chains through rigorous protocol reviews and categorizations. In addition to token databases, Bitcoin Layers conducts granular analyses on governance structures and emerging Bitcoin-native networks, such as implementations of Spark and Ark protocols. This involves examining validator trust models, bridge functionalities, and scalability enhancements like sidechains and rollups. By fostering transparency and informed decision-making, the platform serves as a resource for developers, investors, and enthusiasts navigating the evolving landscape of Bitcoin's scalability solutions.
Bitcoin Layers acquired by Blockspace, expanding data capabilities and its research portal.
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x.com/bitcoinlayersWas acquired by Blockspace, which will enable expanded data capabilities and a revamped research portal extending beyond Bitcoin L2s and Bitcoin-backed assets.
Database contains over 500 bitcoin-backed tokens on alternative networks, with ongoing development to integrate governance structure analysis.
Project expands scope with two new specialized platforms and developer tooling module under development.
Leading Bitcoin L2 researcher Janusz joins BTC Insider as Editor in Chief, strengthening ties between major Layer-2 research organizations.
New criteria implementation for sidesystem classification goes live, establishing formal standards for Bitcoin layer solutions.
Analysis reveals significant centralization risks in BTC wrapper protocols, with most projects relying on Cobo or small custodian groups for asset backing.