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BTC Layer 2 Network Comparison: A Comprehensive Analysis of the Native Characteristics, Decentralization, and Implementation of Five Major Solutions
Analysis of Bitcoin Layer 2 Network Solutions: Native Nature, Decentralization, and Implementation Status
Recently, the Bitcoin Layer 2 network (BTC L2) has become the focus of the crypto market, with various projects emerging. This article will analyze the five main BTC L2 solutions in the current market from three perspectives: the native nature of Bitcoin, the degree of Decentralization, and the implementation status.
Why choose these three assessment perspectives?
Bitcoin Native Nature: Directly utilizing Bitcoin's mature technology to build L2 can reduce risks and gain easier recognition from the Bitcoin community.
Degree of Decentralization: As a core value of blockchain, decentralization is crucial for the survival of BTC L2, especially in terms of BTC management and transactions.
Implementation status: Actual application is a direct way to test the feasibility of the solution.
Analysis of Five BTC L2 Solutions
1. Bitcoin Sidechain
Typical representatives: Stack, RSK
2. UTXO+ Client Verification
Typical representatives: RGB, BitVM
Three, Taproot Consensus
Typical representative: BEVM
Four, Multi-signature + EVM
Typical representative: Melin Chain
Five, Rollup
Typical representatives: B2, Bison
Summary
The five BTC L2 solutions each have their pros and cons. Bitcoin sidechains struggle to gain mainstream acceptance; multi-signature + EVM is easy to replicate but has low decentralization; UTXO + client validation has strong native characteristics but is difficult to implement; Rollup solutions are easy to spread but need to address fundamental issues; Taproot Consensus performs relatively well in terms of native characteristics, decentralization, and implementation, making it worth paying attention to.
The advantages and disadvantages of different solutions will change with technological development and market demand, and there is still ample room for innovation in the BTC L2 space.