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21.12 - 15:17
Assessing how different layers are competing AND complementing Bitcoin, Ethereum
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ambcrypto.comDecentralized chains predominantly need two things – Security and scalability. Those are requirements that are almost industry clichés now. But, they are also aspects that have accelerated growth in the crypto-ecosystem after the birth of the first-born cryptocurrency – Bitcoin.
Owing to limitations like congestion on Layer 1 chains, Layers 2 and 3 functionalities quickly populated the crypto-verse. But, where are Bitcoin and other chains headed from here? AMBCrypto spoke to Muneeb Ali, Co-founder of the Stacks project, to understand this better. He argued,
“Bitcoin is the most decentralized, most secure, largest network with the largest market cap. But even if we end up with a multichain world, which it looks like we are heading towards,
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