Weekly Dose of Bitcoin L2 #April 3rd, 2024
Hi friends,
Let’s get straight to the point!
The Bitcoin halving is nearly upon us, and this week, I’d like to provide a quick overview of the significant happenings in the Bitcoin Layer2 ecosystem.
Let’s dive right in!
Top Stories
ord 0.17.0, which includes the final implementation of runes, has been released!
Stacks’s public Nakamoto Testnet has officially launched.
RGB++ protocol testnet has open and free for developers and early adopters. RGB++ protocol has already brought Turing-complete programmability to Bitcoin ecosystem.
The final testnet for B² Rollup — Habitat — is now LIVE for users.
AINNLayer2 Mainnet is LIVE. and the team introduces a special event: AINN Layer2 Dataset Staking Event, both of which offer opportunities to earn points and qualify for the upcoming $ANVM airdrop.
According to data from The Block, Bitcoin miners’ income reached $2.01 billion in March, setting a new historical record.
Nubit announced the Nubit Pre-Alpha Testnet. In this testnet version, the public could officially run our modular indexer among a variety of Bitcoin’s modular expansion dApps.
Avail, a modular blockchain solution designed to unify Web3 and optimize data availability (DA) for highly scalable and customizable applications, has partnered with dWallet Network to bring programmable native Bitcoin to rollups in the Avail ecosystem.
Here is a funding list for Bitcoin Layer 2 solutions this week: BOB, Trex20, Bitlayer, Neutronpay and OrdinalsBot.
BOB, a ‘Hybrid’ Layer-2 Blockchain Mixing Bitcoin and Ethereum, Raises $10M
Trex20, a classic game built on the Bitcoin blockchain using BRC20 technology, raised $1M.
Bitcoin Ordinals startup OrdinalsBot — which helped mine the largest-ever Bitcoin block — announced that it surpassed its funding goal with a $3 million seed round led by DACM.
Bitcoin Lightning Network company Neutronpay has secured a $1.5 million bridge funding round led by Axiom Capital.
Bitlayer Labs Raises $5M in Seed Round, Backed by Framework Ventures, ABCDE Capital and StarkWare.
Top Opinion
Discussion: Does Bitcoin need Layer-2s?
Recent developments in the Bitcoin ecosystem, such as the surge in Ordinals, Inscriptions, and the introduction of BitVM, reflect a shift towards enhancing Bitcoin’s functionality with Layer 2 solutions.
The last confirmed sale was in March 2023. The government seized about 50,000 Bitcoins related to the Silk Road website at the end of 2022 and sold 9,861 Bitcoins at a price of 216 million dollars.
Valuable Research
From Polygon: A good research about Bitcoin ecosystem
Games and Metaverse in the Bitcoin Ecosystem
This thread makes a technical summary of the exploration of games, metaverse, and autonomous world in the BTC ecosystem, to see how inscriptions and chain games are combined.
Jobs in the space
OK, that’s all for this week.
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