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Author Topic: Adios: Bitcoin & Zcash Layer-2  (Read 10 times)
Niconi (OP)
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Today at 11:05:45 AM
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Bitcoin exists to cut middlemen and thus refunds and freezing assets, when customers lie that they didn't receive goods and services. Anonymity enables avoidance of identification and having to go to court with lying customers, which is a problem if there is no proof of delivery of goods/services.

Ether enabled state machines in relation to decentralized exchanges, which enable overcollateralized stablecoins and lending, while Monero offers anonymity without scarcity. After they had surged, Bitcoin scarcity started to matter more than finality and privacy before we got Tesla in relation to electric vehicles and computer vision, which matters when auditing science graphs with robots. Those science graphs can be used to train neural nets and reward sum and mean of complexity increase, efficiency increase and complexity of efficiency increase with a global dynamic difficulty. Those rewards could be used as collateral to grow organizations similar to free mining pools with debt.

Next, Halo2-IPA was released, meaning Bitcoin Layer-2 proofs related to privacy (zk, nullifiers, encryption), decentralized exchanges, futures, stablecoins, lending, science graphs, model rental, strategy reputation and tax-deferral can be aggregated and committed on Layer-1, essentially being dependent of Bitcoin L1 similar to decentralized exchanges on Ethereum being dependent of Ether.

Later, Nvidia answered to increasing complexity in artificial intelligence and Zcash Layer-2 can be used to reward competition in artificial intelligence through the aforementioned science graphs. SpaceX is focused on efficiency through Grok and may focus on a search engine later. Proof-of-work proves space in time and as decentralization is all about proofs and not about how distributed a system is, Zcash Crosslink would turn heads to Bitcoin.

We're building the future of Halo2-enabled Layer-2 on Bitcoin and Zcash without trusted setup and without staking. Proofs won't be verified on Layer-1 as that isn't necessary for consensus. 50% will go to new Layer-1 miners and 50% will be shared with addresses we receive Bitcoin and Zcash from similar to Shiba Inu, although much better.

Add your Bitcoin address to the Bitcoin version list: bc1qv5m6zmeqtz3wda7c92uhe2x8y7y65wrn95d3pv
Add your Zcash address to the Zcash version list: t1SSWCS5tZSbPsNusDCq8fZGwog7DkRThCd
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