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Cardano founder: Bitcoin L2 doesn’t have enough potential

Cardano founder: Bitcoin L2 doesn’t have enough potential

CointimeCointime2024/02/05 00:16
By:Cointime

Charles Hoskinson, the founder of Cardano (ADA), believes that Bitcoin's L2 has insufficient potential, especially when compared to the Ethereum and Cardano ecosystems. In response to the latest news from the Satoshi Roundtable conference held in Dubai, which was shared by Muneeb Ali, the co-founder of the Stacks protocol, Hoskinson firmly believes that Bitcoin cannot support the vitality of the second-layer expansion solution. He went on to explain that the BTC network cannot change to adapt to the dynamic L2 environment. Hoskinson believes that the entire discussion about Bitcoin L2 is just one of the narratives that accompanies the typical BTC halving event.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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