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As we prepare to launch the testnet of our Bitcoin data availability layer, we see a potential predicament in the explosive growth of Bitcoin Layer 2s.
While the collaborative effort in the Ethereum community has set the gold standard for Layer 2s, those rules can't simply be reapplied to Bitcoin, which doesn't possess the same sophisticated smart contract functionality as Ethereum.
Despite Bitcoin Virtual Machine (BitVM) being fairly new and still in the theoretical stage, developers have raced to build use cases on top of it.
But rushing to build Bitcoin Layer 2s without fully fleshing out their appropriate design puts the security of user assets at significant risk.
At MultiAdaptive, we believe the goal of data availability is to protect user assets above all else. That's why we are building truly native DA solutions that inherit the security of the main chains, including Bitcoin.
Rather than building our own consensus layer, we use an Avalanche subnet and leverage Bitcoin protocols like Ordinals to publish data commitments. That way, Bitcoin is approving what data should be stored, not just what data has been stored.
This is just one aspect of what we are developing. If you are working on a Bitcoin Layer 2 where the security of user assets is your absolute priority, come build with us! 🚀
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