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Bitcoin's layer-2 ecosystem, which drew significant developer and investor attention during the most recent bull cycle, is now facing a harder test: whether these networks can survive and grow when speculative demand dries up, CoinDesk reports.
The bear market is acting as a filter, separating projects with genuine utility from those that were riding the broader $BTC enthusiasm.
What a Bitcoin Layer-2 Actually Is A layer-2 is a secondary network built on top of a base blockchain — in this case, Bitcoin — designed to handle transactions faster or cheaper than the main chain can on its own.
Think of it as an express lane built alongside a highway that was never designed for high-speed, high-volume traffic.
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