There are dozens of Bitcoin "layer 2" projects with millions in VC funding and huge followings on X.

None of the Bitcoiners I know has even heard of them. These projects don't go to Bitcoin conferences, they go to shitcoin conferences.

Layer 2 is this cycle's scam. Be safe.


Touch grass 🦶


yep. Make believe scaling.


there's only one layer 2


Building stuff a total of 0 people demand. Premine some token and dump on retail.

We’ve seen this before 🤦♂


:grumpy:


What kind of layer 2 projects?


Onward 🫡


They didn’t get the layer 3 memo? 📝


Who's going to tell him 😬? https://image.nostr.build/e772667407c8eeb8820add4e098e05dc1f5b0a53ada13aa76faaee0eb478a987.jpg

https://dci.mit.edu/lightning-network

nostr:nevent1qqsqa85dvkfu5qh5talp9yravfuuhkpuqsjxvcclhy950p0qjtq0s7cpz9mhxue69uhkummnw3ezuamfdejj7q3q2rv5lskctqxxs2c8rf2zlzc7xx3qpvzs3w4etgemauy9thegr43sxpqqqqqqzahvl79


There must also be some ecash scams


btc 2024 was filled with L2 and ordinal projects


there was also a scammy layer 2 presentation in Riga at baltic honeybadger 2024, maybe less scammy than others in circulation but still


Beware new "Layer 2"s
Ask lots of questions.
Ask your local bitcoin technical nerd.
Dont fall for the scams.
They will try to part you from your sats.
nostr:nevent1qqsqa85dvkfu5qh5talp9yravfuuhkpuqsjxvcclhy950p0qjtq0s7cpz4mhxue69uhkummnw3ezummcw3ezuer9wchsygzsm98u9kzcp35zkpc62shck8335gqtq5yt4w26xwl0pp2a72qavvpsgqqqqqqslazxxa


web 5?


They don't know we on layer 69


This is this cycles real scam. 🤮 https://image.nostr.build/3c3a5bc6481d8c78a0d05e8d6758de3389a0ed415080df0bfc9cf5dfd62c9fed.jpg


I ususally read about them... None they truly click on me🤷


A new concept of distraction from the main thing. VCs and money encourage people to do anything but bitcoin.

https://l2.watch/


Are there any good projects worth hearing about? Any that have the potential that lightning network had?


Public markets have entered the chat


NOSTR


ecash bitches


Are there? Inquiring minds want to know...
Any good new layers?🤔