THE RAISE OF LAYER-2 ON THE BITCOIN BLOCKCHAIN.
The Bitcoin network is a unique decentralized system that had provided value for the global economy. It is often said that #Bitcoin as an asset serves as a store of value.
Before the coming of this revolutionary technology, gold was the major store of value by the 1% of the wealthiest and governments of the world. However, times have changed and people have grown out of the ideology of centralized system of the world government parasitic control's of citizen's fund's leveraging the financial industry like bank's as the store of values.
With the introduction of Bitcoins blockchain and other decentralized dApps, people can take control of their financial lives by leveraging the potentials of #Bitcoin. The most secured, decentralized, immutable, cryptocurrencies network.
The Bitcoin blockchain have witnessed the rise of a new dawn in decentralized technological advancements, with the introduction of #Layer-2 blockchain leveraging the #Bitcoin consensus mechanism PoW security model and it's cryptographic hash functions which ensures the security of transactions and block processors.
We have seen the rise of Layer-2 blockchain innovating the network so with simple to process smart-contracts. The likes of ROLLUX being the Layer zero of Bitcoin and STX (STACKS) operating as the L2 on the #Bitcoin network, enabling the distribution and development of smart contract dApps.
The major focus for this publication is to properly bring to the consciousness of my reader's that we are not only in the era of high technological advancements, but in a obvious state of financial revolutionary dispensation. Where anyone can literally make money from anywhere in the world. If they are duly oriented.
It is time for the government of the world to embrace cryptocurrency, leverage the potential of blockchain technology, push of proper sensitization about #Crypto to their citizens.
Yes, it is indeed a very volatile industry, but with the right ✅️ guidance we all can make the most from this innovation. The Bitcoin ecosystem is on the rise and the meta is changing, More advanced features are released to make the Bitcoin network more flexible, the shift from not only a digital trust protocol to a smart contracts based network with the aid of other L2 blockchain.
In the words of CryptoRank: "The Rise Of DeFi and NFTs on the Bitcoin Blockchain"
73% of Americans have stated that presidential candidates should have informed decisions on innovative technologies like #AI and #CRYPTO.
For more information about #Bitcoin Layer-2 blockchain like STX (STACKS) visit the link below.
https://stacks.org/nakamojo