https://twitter.com/ProofOfTrack/status/1771437525376127293

👀 Since Inscription and Ordinal, Bitcoin L2 is proliferating, even more so than Ethereum L2.

🥺 We need a neutral and reasonable mechanism to analyze these Bitcoin L2s.

✨ Fortunately these "@l2beat for Bitcoin L2" are emerging. 🧵

🫡 The security analysis and decentralization evaluation of Ethereum L2 has been led by @L2beat, and recently @growthepie.

These guys are doing legendary work on publicizing informations on Ethereum L2 for anyone.

🧠 Bitcoin L2 enters the realm of L2 as a brand new species.

🤯 The paradigm of Bitcoin L2 is completely different from Ethereum L2, so we need a new way of analyzing it.

• Bridge Security

• Degree of decentralization

• Execution / DA Layer Difference

• ……

👀 Today, we see the following projects focused on analyzing the progress of the Bitcoin L2 ecosystem:

• @BitcoinRollups

• @BitcoinLayers

• @Blockchair’s L2 Watch

1. @BitcoinRollups is an educational resource covering Bitcoin rollups.

You can find educational materials here. This can help you get the general ideas and concepts of Bitcoin Rollup and L2.

2. @BitcoinLayers further explores the different layers (or protocols) of Bitcoin L2.

You can know more about the L2 paradigms and designs of Bitcoin L2.

1. @Blockchair’s L2 Watch tracks the booming L2 Bitcoin ecosystem.

You can find almost all the Bitcoin L2 projects and their basic intro here. This is a super helpful landscape view for Bitcoin L2.

👀 Additionally, there are some public views and opinions on categorizing Bitcoin L2:

• @BitcoinMagazine’s Editorial Policy

• @hosseeb’s discussion

• @januszg_’s view

1. @BitcoinMagazine published editorial policy on Bitcoin L2 coverage.

@BobBodily’s TLDR, and he also listed a few evaluations on Ethereum L2 perspective for implementing them on Bitcoin:

1. L2 cannot have its own token

2. Must be able to bridge back to L1

3. Cannot function without Bitcoin

4. Meta-protocols are ok (Ordinals, BRC-20)

1. @hosseeb raised the question “What are your feelings on Bitcoin L2s?”

@BobBodily in the discussion gave a clear picture on what we can build for Bitcoin L2, and what’s not possible right now.

1. @januszg_ pointed out the cool stuff happening in the Bitcoin scaling space, along with scams and noises.

🥺 Go back to @L2Beat. They extends to spaces outside L2 (the rollup layer) itself, such as L2’s Bridge, and probably Validium (https://twitter.com/bkiepuszewski/status/1768362982457639031).

Wen L2Beat for Bitcoin L2s by L2Beat?

🫡 All in all, we definitely need more public resources and education in any space in Crypto, especially L2!

🔥 Bitcoin L2 is going great!