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hi, i'm abhishek chauhan πŸ‘¨β€πŸ’», a passionate blockchain architect specializing in btc-l2 and ethereum. my work is driven by a commitment to exceptional user experience, robust architecture, and high-quality code. i take pride in building things the right way πŸ’―. as an open-source enthusiast and maintainer, i deeply value the power of collaboration and knowledge sharing. the open-source community has taught me so much 🧠, and i love giving back through my contributions πŸ’». let's build amazing things together! πŸš€

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Bitcoin Layer 2 Solutions: Overview of Scalability and Technical Specifications

CHAIN NAME STATUS TYPE OF NETWORK PROGRAMMING LANGUAGE TX's FEES PAID TO MINERS CONSENSUS MODEL BTC PEG MECHANISM SETTLES ON BITCOIN SEQUENCING MODEL TOTAL BTC TVL
Lightning 🟒 Mainnet P2P Script No* 🚫 P2P+POW Native (HTLC) Yes βœ… Atomic 4,611
Liquid 🟒 Mainnet Sidechain Script No 🚫 Federation HSM Multisig No ❌ Federated 3,834
Rootstock 🟒 Mainnet Sidechain EVM Yes βœ… Merged-mining POWPEG Hash on L1 Decentralized 2,755
Stacks 🟒 Mainnet Sidechain Clarity No* 🚫 Proof-of-Transfer N/A Hash on L1 Decentralized 303
RGB 🟒 Mainnet Distributed P2P State Rust Yes βœ… Client side validation N/A Hash on L1 Distributed Not tracked
Bob 🟒 Mainnet Sidechain/Rollup EVM Yes βœ… Merged-mining TBTC/BITVM Hash on L1 Centralized 0
Mercury Layer πŸ”΅ Testnet Statechain Script No 🚫 Blinded server Native Yes βœ… N/A 0
Botanix πŸ”΅ Testnet Sidechain EVM No 🚫 Proof-of-Stake Spiderchain Hash on L1 Decentralized 0
Citrea πŸ”΄ Not Live Rollup EVM Yes βœ… ZK Proof BITVM BITVM Centralized 0

Note:

  • The asterisk next to "No" in the TX's fees paid to miners indicates that some portion of network usage requires L1 transactions, which excludes bridge mechanisms.

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