As Bitcoin’s use as a means of financial asset transfers booms, we explore layer 2 solutions including federated blockchains, on-chain token protocols, and a relatively new form of chains called spacechains.
How do these layers interact with the Lightning Network? How do they interact with each other? Where do they fit in the Bitcoin ecosystem?
We break down each of the layer 2 technologies in detail, how it approaches the scalability topic, its potential risks, and the comparisons of each technology.
Learn more in the Bitfinex Alpha Issue #6.