Well not really a manifesto, read the last sentence.
Another attempt at achieving scalability are so-called “layer 2” solutions. Blockchains such as Ethereum, Avalanche, Binance or Solana, are commonly referred to as “layer 1” networks. Any transaction on a layer 1 blockchain is validated and recorded on the respective public ledger, ie “on-chain”. In contrast, the bulk of transactions on layer 2 solutions (eg the Bitcoin Lightning Network) happen off-chain, and transactions are only sporadically reported back to the underlying layer 1 chain in bundles. Layer 2 blockchains thereby allow for higher transaction limits and lower fees, but at the cost of giving up decentralisation, posing risks similar to those of bridges.
Да биткоин быстрее докажет что все языки мира придуманные! или синтетические... какой язык самый простой и главный? язык кода? сейчас их тоже много!
NEVER EVER REPLY TO MY ENGLISH COMMENTS IN RUSSIAN LANGUAGE LIKE ABOVE
Divide and conquer with altcoins.
Or unify under Bitcoin.
This.
This sentence above is like a Bitcoin Maxi Manifesto , by Bank for International Settlements, surprisingly ;)
The link which every "Bitcoin Maxi" should keep and use in "emergency situations", i.e. when forced to explain why bitcoin maximalism is necessary.
Well not really a manifesto, read the last sentence.
Another attempt at achieving scalability are so-called “layer 2” solutions. Blockchains such as
Ethereum, Avalanche, Binance or Solana, are commonly referred to as “layer 1” networks. Any transaction
on a layer 1 blockchain is validated and recorded on the respective public ledger, ie “on-chain”. In contrast,
the bulk of transactions on layer 2 solutions (eg the Bitcoin Lightning Network) happen off-chain, and
transactions are only sporadically reported back to the underlying layer 1 chain in bundles. Layer 2
blockchains thereby allow for higher transaction limits and lower fees, but at the cost of giving up
decentralisation, posing risks similar to those of bridges.