Can DAPP Network’s Layer 2 Scale Bitcoin & Ethereum?
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Bitcoin has a brand name and world-wide recognition. The Bitcoin image is continually growing larger, and it’s known to almost everyone in the financial industry, whether they support it or not. But, in its simplest form, Bitcoin is just a dApp or decentralized application. The primary purpose of Bitcoin as a decentralized application is to store and transfer value. Essentially, Bitcoin is the dApp equivalent to digital gold. And digital gold is just the first of many new decentralized applications. As dApps grow and become more complex, the most successful networks will have millions of daily active users and process millions of transactions per day. Protocol layer chains like Ethereum cannot handle dApps with this many users or transactions without a 2nd layer scaling solution.
Can DAPP Network’s Layer 2 Scale Bitcoin & Ethereum?
Can DAPP Network’s Layer 2 Scale Bitcoin …
Can DAPP Network’s Layer 2 Scale Bitcoin & Ethereum?
Bitcoin has a brand name and world-wide recognition. The Bitcoin image is continually growing larger, and it’s known to almost everyone in the financial industry, whether they support it or not. But, in its simplest form, Bitcoin is just a dApp or decentralized application. The primary purpose of Bitcoin as a decentralized application is to store and transfer value. Essentially, Bitcoin is the dApp equivalent to digital gold. And digital gold is just the first of many new decentralized applications. As dApps grow and become more complex, the most successful networks will have millions of daily active users and process millions of transactions per day. Protocol layer chains like Ethereum cannot handle dApps with this many users or transactions without a 2nd layer scaling solution.