📎Side Protocol

chain-id - S2-testnet-2

Overview

Side Protocol is a modular infrastructure designed to scale Bitcoin

The future of Bitcoin ecosystem is modular

Bitcoin pioneered the concept of distributed ledger technology, enabling users to transfer value over the Internet. Ethereum expanded upon this by introducing Turing complete applications deployed as smart contracts on a publicly shared ledger and share computational resources with each other. Cosmos further advanced this idea by proposing the creation of an internet of interoperable blockchains. Celestia has taken this concept to the next level by breaking down a monolithic blockchain into specialized modular layers optimized for various functions.

Meanwhile, the Bitcoin ecosystem is undergoing continuous evolution, marked by the emergence of increasing L2 blockchains employing diverse technology stacks in an effort to scale Bitcoin beyond its computational limitations. However, this trend is likely to result in fragmentation in terms of liquidity and bridging and affect composability, as we've seen in other L2 ecosystems, potentially leading to significant friction at the user level when interacting across networks.

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