Bitcoin Primed for Growth With New Layered Architecture to Address Congestion
• Bitcoin suffered from congestion last year due to experiments with NFTs and tokens; growth of layer-2 networks could help address inherent limitations • Existing solutions like Lightning Network could expand, but new projects are also emerging • Such a trend mirrors Ethereum's architecture with dozens of layer-2 projects • Report argues Bitcoin is now well-placed to unlock potential with layered architecture like Ethereum • Besides the "Big Four" layers (Lightning, Stacks, Liquid, Rootstock), other emerging innovations like Ark and MintLayer could fill Bitcoin's technical gaps