Bitcoin’s network congestion and transaction fees have surged due to the adoption of BRC-20 tokens, highlighting scalability concerns.
Layer 2 technologies like the Lightning Network offer a potential solution by offloading smaller transactions from the base chain.
Exploring the potential of ordinals and fungible tokens may lead to groundbreaking scaling solutions for Bitcoin.
Bitcoin, the original blockchain, has been facing significant challenges in recent times. Network congestion and soaring transaction fees have raised concerns among Bitcoin enthusiasts. The surge in activity, primarily driven by the emergence of BRC-20 tokens and ordinals, has put Bitcoin’s scalability to the test.
While some maximalists advocate for the censorship of these tokens, it is essential to acknowledge that Bitcoin’s scaling issues extend beyond these factors. This article delves into the problems faced by Bitcoin, explores the implications of the BRC-20 tokens, and highlights the need for innov
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