As we enter a new era of development on Bitcoin, it has become very hard for most people to understand the nuances of the L2 debate, and ever harder to follow some of the technical jargon associated with it. Sidechains, rollups, sequencer, multisig, ZKP…. In this report, we’ll try to shed some light on those concepts by outlining the UTXO thesis for Bitcoin L2s and by answering the following questions:

Does Bitcoin even need Bridges? What are the differences between sidechains (BOB, Botanix, etc..) and rollups designs (Alpen, Citrea)? What are the strategies employed to convince Bitcoiners to bridge their BTC? What are the different BitVM implementations and how do they revolutionize… Read more on BitcoinMagazine