The Bitcoin scaling battleground heats up as over 30 Layer 2 (L2) solutions have already entered the fray, offering diverse functionalities beyond the base layer’s capabilities. According to data from the BitVM community, these L2s span various categories, including side chains, off-chain computing, rollups, data availability, integrated AI, and decentralized indexing. The rapid growth is expected to continue, with experts predicting the number of BTC L2s could surpass 100 by the end of the current market cycle.
Ethereum co-founder Vitalik Buterin is pushing for rapid progress in rollup technology, aiming for 10 fully functional stage 1 rollups and greater sequencer decentralization within the next year. This ambitious roadmap highlights his commitment to scaling Ethereum and improving its transaction processing capabilities.