2024-01-27 –, Machankura Stage
This panel delves into the transformative impact of Bitcoin Layer 2 technologies, with a focus on Liquid and Lightning, in addressing the challenges of high-fee environments and full blocks. It highlights the practical solutions these layers offer for cost-effective and efficient Bitcoin transactions for the Global South.
The panel could encompass several key areas:
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The Emerging Landscape of Bitcoin Layer 2s: We explore how Layer 2 solutions like Lightning and Liquid are pivotal in facilitating faster, cheaper Bitcoin transactions. This segment will cover the upcoming AQUA wallet by JAN3, a comprehensive tool for managing Bitcoin, Liquid, and Lightning assets, showcasing its potential to streamline cryptocurrency usage.
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Liquid's Role in Efficient DCA and Secure Tether Usage: While discussing how Liquid offers a cost-effective DCA method into Bitcoin, we also emphasize its advantages in Tether (USDt) transactions, offering enhanced security and confidentiality.
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Addressing High-Fee Challenges in Developing Regions: Anita Posch has shared her frustrations on the difficulties faced by users in the Global South, particularly the impact of full blocks and high fees exacerbated by trends like Ordinals/Inscriptions. The panel can discuss how adoption of Layer 2 solutions as a means to reduce costs and increase accessibility for these users should be the focus.
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Strategies for Mainstream Adoption of Layer 2 Technologies: The panel will conclude with a discussion on strategies to encourage widespread adoption of Bitcoin Layer 2 solutions, underscoring their importance in overcoming current blockchain limitations and enabling more inclusive financial participation globally.
Hey! I'm Byron. 👋
🦀 I'm interested in Rust, Linux, Cryptography, Bitcoin, and Nix.
🌊 I'm currently working on Liquid at Blockstream.