10 sats \ 2 replies \ @037447d9ca 21 Feb \ parent \ on: Bitcoin has a Scaling Issue bitcoin
the very fact that there are dozens of them on Ethereum makes me think they won't work.
what's the reasoning behind this? there's not only one, but many functional competing rollups doing its job yet you somehow declare it a failure?
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10 sats \ 0 replies \ @joda 21 Feb
Because you wouldn't need dozens of them competing for mindspace and user share unless they each claimed to be better than their competitors.
And because Ethereum isn't money like Bitcoin, so the bar is lower. That is, they can afford to compromise on the trilemma. They can have some centralization without fear of censorship, because they already succumb to censorship. Bitcoin is already up in arms about having federated L2s.
See all of them here. There are a couple that are rated to have no compromises, but I don't know anything about them.
https://l2beat.com/scaling/summary?#active
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10 sats \ 0 replies \ @George203BTC OP 21 Feb
Citrea is on my list to dive into and write about, they claim to bring rollups to bitcoin via bitVM. Time will tell though.
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