Meet Brollups: The New Layer 2 Solution by Bitcoin Lightning Hacker Burak
Bitcoin developer Burak is innovating in the world of decentralized finance with the introduction of Brollups. Learn more about this exciting new development below:
Key Points:
- Burak, known for exploiting a Lightning Network bug in 2022, is now focusing on enhancing Bitcoin’s DeFi capabilities.
- Brollups is a layer 2 solution designed to expand Bitcoin’s use cases without the need for hard forking or introducing non-Bitcoin tokens.
- The protocol, currently in the design phase, aims to support over 90% of DeFi operations, including NFT sales and DEX transactions.
- Brollups will work seamlessly with Bitcoin as a payable construct and will be executed on the Bitcoin Virtual Machine.
- The project has garnered praise in the Bitcoin community for its innovative approach to scaling without compromising the integrity of the network.
Stay tuned for more updates on Brollups as this promising layer 2 solution continues to develop and redefine the possibilities of decentralized finance on the Bitcoin network.