There have been so many bitcoin layer 2 projects last year and this year.
However, I don't really see a real product except Stacks.
Stacks have been building for nearly 5 years and their sBTC launch was truly amazing.
Can we really see the era of bitcoin DeFi with Stacks?
Can Bitcoin act like Ethereum? and bring so many BTC Maxis into the DeFi?
I hope to see something amazing with BTC.
What is everyone thnking about it?
You think? What about Rootstock (RSK), Core Blockchain (Core DAO), and the Babylon Protocol? These L2s also a real product. All of these combined with Stacks, should eliminate the need for smart contract platforms such as Ethereum and Solana. I seriously doubt a Bitcoin maxi will use any of the aforementioned L2 networks, though. Especially when most maxis (if not all) want Bitcoin to be solely used for finance (money). Moving BTC away from its intended purpose, would make it no different than ordinary altcoins. The negative reaction against Ordinals NFTs on-chain, tells us exactly this. But I could be wrong.
With Bitcoin now being integrated into the world of "De-Fi", we can expect big things to happen in the future. Who knows? Maybe this will further diminish ETH's market share (dominance in the smart contracts space). I'd pay close attention to the development of BTC-based L2s just in case.
