Thread by @0xFunda

You can feel it ? Everything will be change on $BTC

↘️
♟️ $BTC Layer2s coming soon
♟️ Growing Ordinal NFTs
♟️ Roll-ups on $BTC

#NFT #L2 $BTC #BITCOIN

I wanted to tweet this earlier because I didn't have complete information about all the details :)
But you should know that once upon a time, my opinion about #Bitcoin was that until it reaches a point where there is no progress in technology... it cannot be called technology!

But now I'm seeing that it's slowly getting closer to that position and its ecosystem is getting organized, but again, my suggestion is not to buy $BTC , I'm looking at its ecosystem.

First of all, about Lighting Network, which may enter the game ♟
@lightning has been working since Satoshi's theories, almost an idea since 2016, for the scalability of Bitcoin.

And in 2018, Jack Dorsey, the previous CEO of Twitter, raised $2.5M. It is interesting to know that Digital Currency Group, which is the founder of gray-scale, participated in the round, and then on February 5, 2020, he raised Series A capital with Craft Venture.

In the amount of $10M, according to these amounts, it is something normal for a technology that has such fundraising, we in 2020 did not know what fundraising is 🧐😂

And last fundraising in April 2022 in Series B was closed with 70 million dollars!!!
When the number of this round increases, it shows that the product has reached its completion...!

But someone on Twitter had already caught my attention. When I went to check it, he had posted a tweet about how Lightning Network works:

https://twitter.com/Ali2kCom/status/1631451929468362752

♟ ordinal

It is possible to make NFT on Bitcoin!

Learn more about Ordinal NFTs:

Persian : mihanblockchain.com/what-is-ordina…

English :
decrypt.co/resources/what…

Ordinals Ecosystem

@BoredApeYC creator @yugalabs auctions Ordinals NFT for new project TwelveFold and raises $16.5M in this auction
decrypt.co/122836/yuga-tw…

And Soon @DeGodsNFT ! On Ordinals

https://twitter.com/DeGodsNFT/status/1635288041945448453

U know @cobie now have Ordinals NFT Profile @TaprootWizards ? :)))

https://twitter.com/cobie/status/1635306780845801472

But about Layer2s and Upcoming projects on #Bitcoin !

Building Scalable Rollup Networks with @sovereign_labs on #Bitcoin Building...

https://twitter.com/sovereign_labs/status/1620112158595100673

Its first fan was the @Stacks project...

Space between @Stacks and @CelestiaOrg about Bitcoin Rollup!

https://twitter.com/CelestiaOrg/status/1632892223540060160

I think it is too early to make rollups or even talk about it on the Bitcoin network, but Layer 2 blockchains that want to be expressed on Bitcoin can be scaled with this scale.

Of course, I don't accept @Stacks as the layer2 of Bitcoin, but even though it is working as a SideChain, it is trying hard to develop the performance of Bitcoin... At this time $STX had a very high price growth with #OrdinalsNFT hype...

Many networks are being built for Bitcoin development and they are still underrated yet 👇🏻

@LayerTwoLabs
With funding $3M

layer2labs.com

Links :

https://twitter.com/LayerTwoLabs/status/1627915954230538240

MintLayer
mintlayer.org

Liquid Network

liquid.net
The Liquid Network is a layer-2 solution designed to improve #Bitcoin

https://twitter.com/Liquid_BTC/status/1632900582011973632

And let me say that there may be more of these projects soon...🧐😄

Evm Built on #Bitcoin

And finally picture of #Bitcoin ecosystem.

More projects will coming Soon...