The failure of Botanix indicates that Bitcoin users continue to favor Ethereum-based decentralized finance (DeFi) solutions over Bitcoin Layer 2 (L2) protocols. This raises questions about what changes Bitcoin L2s need to implement to attract and retain Bitcoin holders.
The failure of Botanix indicates that Bitcoin users continue to favor Ethereum-based decentralized finance (DeFi) solutions over Bitcoin Layer 2 (L2) protocols. This raises questions about what changes Bitcoin L2s need to implement to attract and retain Bitcoin holders.
Source: Cointelegraph
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