Charlie Hu - Bitcoin's Next Leap: How Bitlayer Is Building A Faster, More Scalable Blockchain
London Real
Brian Rose
4.4 • 1.9K Ratings
🗓️ 10 September 2024
⏱️ 88 minutes
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Summary
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Transcript
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| 0:00.0 | The Layer version is we want to provide a new feature to Bitcoin. |
| 0:06.0 | Bitcoin was digital gold, with a start of value, and now we are potentially |
| 0:11.0 | entering the second phase of Bitcoin. |
| 0:13.0 | The transaction can be settled back to Bitcoin. |
| 0:15.0 | We call this Bitcoin finality. |
| 0:17.0 | They have the ultimate holy grail. |
| 0:19.0 | It's the important thing to move the needle to achieve this trustless programmable environment for Bitcoin. |
| 0:23.8 | So we can really unlock a lot of TVR of the Bitcoin assets |
| 0:28.0 | from non-yield-bearing assets to yield-bearing real financial assets, |
| 0:32.8 | defile protocol, like lending, stable coin, |
| 0:35.2 | all kind of primitive. |
| 0:37.9 | Bitcoin is still the ultimate most decentralized |
| 0:40.9 | highest level of security network in the world. |
| 0:43.2 | So transactions eventually set up back to Bitcoin |
| 0:46.2 | is a key thing. |
| 0:47.2 | And you're convinced you can pull that off. |
| 0:49.2 | We can achieve Bitcoin finality. |
| 0:50.7 | Because of the level of security upgrades so much we are able to maybe |
| 0:54.7 | engage a lot of the big coin wells, big coin ogs to open up and let them explore |
| 0:59.6 | this new programability later. Tell me about you as a leader. |
| 1:03.6 | Being a founder in Web Street is different. |
| 1:05.5 | It's really for the sake of making contributions and potentially make history for Big One. |
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