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Statechannel - PYOR Research
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PYOR Research
The best research in crypto. Written simply.
PYOR Research
The best research in crypto. Written simply.
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Written by
Nihar Thummar and 3 others
Written by
Nihar Thummar and 3 others
PYOR Research
Oct 16
Bitcoin Scaling : Analysing The Bitcoin Scaling Landscape
Executive SummaryBitcoin is seeing a wave of innovation with technologies like Ordinals, Inscriptions, BRC-20 tokens, and Runes. These developments are expanding Bitcoin’s functionality by enabling metadata attachment and introducing new token standards, drawing comparisons to Ethereum’s token ecosystem.Ethereum’s Layer-2 (L2) solutions account for about 10% of its total value locked (TVL), whereas Bitcoin’s L2 adoption remains significantly lower, with only 0.13% of its total value in L2 sol...
PYOR Research
Oct 16
Bitcoin Scaling : Analysing The Bitcoin Scaling Landscape
Executive SummaryBitcoin is seeing a wave of innovation with technologies like Ordinals, Inscriptions, BRC-20 tokens, and Runes. These developments are expanding Bitcoin’s functionality by enabling metadata attachment and introducing new token standards, drawing comparisons to Ethereum’s token ecosystem.Ethereum’s Layer-2 (L2) solutions account for about 10% of its total value locked (TVL), whereas Bitcoin’s L2 adoption remains significantly lower, with only 0.13% of its total value in L2 sol...