what's LayerTwo Labs?

LayerTwo Labs is a company dedicated to developing advanced Bitcoin sidechains to enhance scalability and functionality. Founded by Paul Sztorc, inventor of Drivechain (BIP300 and BIP301) and creator of Bitcoin Hivemind (formerly Truthcoin), alongside Austin Alexander, a veteran in Bitcoin adoption and sales at Kraken. The lab focuses on innovations like peer-to-peer sidechains, enabling seamless Bitcoin transactions without altcoins or fiat. Their technical efforts include open-source repositories on GitHub, tools like BitWindow (an alternative frontend to Bitcoin Core), and advocacy for Bitcoin improvements such as covenants. By building sidechains secured by Bitcoin's base layer, LayerTwo Labs aims to make every transaction a Bitcoin transaction, fostering greater utility and adoption in the ecosystem.

LayerTwoLabs' Truthcoin recently reviewed Drivechain in a scheduled discussion.