Blockstream CEO Adam Back explains #Bitcoin layer-2s ⚑️ 🌊

You can think about it as like Innovation without speculation and all Coins are often billed as utility tokens You buy the tokens to gain the utility But really uh it makes sense to use Electronic cash Bitcoin to pay for Things so why not use Bitcoin as the Utility token and then if you work out How to do that you end up with a Bitcoin Layer 2 or a special kind of there to to Sidechain that allows you to have new Features there too is like lightning Don't really allow new features they're Just faster cached Bitcoin transactions But a layer 2 can like which is a side Chains there too Can have lots of different completely New and novel features or incremental Improvements

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