IMO second layers make peer to peer electronic cash a reality. The Bitcoin chain because of its security becomes the base settlement layer for the most economically dense transactions/settlements. The base layer will not only be for Bitcoin settlement though, I think all value transfers (that need robust security) will settle on it via bitcoin collateralized smart contracts.
Thoughts?
submitted by /u/kalapa108
[link] [comments]
Author: Reddit.com
Leave a Reply