Bitcoin Scalability Solutions Poised for Breakout Growth as Programmability Expands
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Bitcoin layer 2 solutions like Lightning and Stacks are poised for major growth and adoption in 2022 as more people use BTC for payments and smart contracts.
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Over $100 billion in BTC could be put to productive DeFi use based on total market cap even if most remains held as savings.
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Modular "layer 3" solutions are emerging, allowing developers to connect and reuse components of different layer 1 and 2 networks.
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Oracle solutions like Pyth Network arriving on Bitcoin will dramatically increase programmability and allow more complex smart contracts.
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Despite criticisms, developer excitement is growing given new tools and capabilities on Bitcoin, marking the end of the "Dark Ages."