Dive into the world of Bitcoin’s Layer 2 solutions! This video breaks down RGB, Spark, and Rootstock (RSK), showcasing how they enhance Bitcoin’s scalability, privacy, and functionality. From private smart contracts to fast payments and DeFi, discover how these layers are revolutionizing Bitcoin’s ecosystem while staying true to its secure foundation.
00:00welcome to the world of bitcoin layers where innovation builds on the foundation of the world's first cryptocurrency bitcoin's base layer is secure but limited in speed and functionality that's where layered to solutions like rgb spark
00:14and rootstock or resk come in enhancing bitcoin's capabilities without compromising its core rgb short for really good bitcoin is a client-side smart contract system
00:25it enables private scalable transactions and programmable assets using bitcoin's blockchain only to anchor transaction order keeping data off-chain for efficiency spark is an emerging protocol focused on fast low-cost bitcoin transactions
00:42it aims to streamline payments and boosts scalability making bitcoin more practical for everyday use rootstock or resk is a sidechain that brings ethereum style smart contracts to bitcoin
00:54if mem compatible and secured by bitcoin's proof of work resk enables diffie applications with rbec a tokenized bitcoin asset bridging bitcoin's security with advanced programmability these layers expand bitcoin's potential from private smart
01:10contracts to instant payments and decentralized finance all while leveraging the unmatched security of bitcoin's blockchain
