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How layer-2s are trying to transform Bitcoin's culture

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Manage episode 407077852 series 2507215
Content provided by The Block. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Block or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Muneeb Ali is the CEO of Trust Machines and the co-creators of Stacks — a layer-2 that enables smart contracts and decentralized applications to utilize bitcoin for base-layer security.

In this episode of The Scoop, Ali discusses the growth and importance of Bitcoin Layer 2 solutions. He emphasizes the need for BTC capital to be deployed in L2s and the potential for Bitcoin L2s to become a significant category in the crypto industry.

According to Ali, creating more on-chain uses for bitcoin will ultimately make the asset more valuable:

“Bitcoin rails can be upgraded through layer-2s... There can be all sorts of use cases that that are deployed there and BTC the capital can be more productive — it will make bitcoin more valuable.”

  continue reading

453 episodes

Artwork
iconShare
 
Manage episode 407077852 series 2507215
Content provided by The Block. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Block or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Muneeb Ali is the CEO of Trust Machines and the co-creators of Stacks — a layer-2 that enables smart contracts and decentralized applications to utilize bitcoin for base-layer security.

In this episode of The Scoop, Ali discusses the growth and importance of Bitcoin Layer 2 solutions. He emphasizes the need for BTC capital to be deployed in L2s and the potential for Bitcoin L2s to become a significant category in the crypto industry.

According to Ali, creating more on-chain uses for bitcoin will ultimately make the asset more valuable:

“Bitcoin rails can be upgraded through layer-2s... There can be all sorts of use cases that that are deployed there and BTC the capital can be more productive — it will make bitcoin more valuable.”

  continue reading

453 episodes

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