OMN 
BTC 
ETH 
USDT 
XRP 
BNB 
SOL 
USDC 
DOGE 
TRX 
A well-known Bitcoin developer, who previously identified a vulnerability in the Lightning Network, leading to an urgent update in 2022, is now researching a new Bitcoin Layer 2 solution. This new layer aims to enhance decentralized finance (DeFi) use cases by making financial transactions on Bitcoin more efficient.
The developer, known as “Burak,” introduced a concept called “Brollups.” Brollups represent a Layer 2 design that aggregates Bitcoin transactions without requiring a hard fork or introducing non-Bitcoin tokens.
In a recent Medium post from June 21, Burak mentioned that Brollups are still in the design phase. He also indicated that testnet deployment (signet) could happen by the end of this year.
Brollups aim to support over 90% of DeFi use cases upon their release. Whether it’s listing NFTs for sale in exchange for Bitcoin or placing token sell orders on a decentralized exchange, all these actions can be executed atomically, verified, and scaled on the Bitcoin network.
Burak emphasized that Brollups are deeply integrated with Bitcoin and operate natively within its structure. These Brollups will be managed by “operators” who provide liquidity to the protocol and maintain overall state consistency by periodically bundling Bitcoin transactions.
Certainly! Let me provide a more concise and clear version of the information you shared:
A well-known Bitcoin developer, who previously identified a vulnerability in the Lightning Network, leading to an urgent update in 2022, is now researching a new Bitcoin Layer 2 solution. This new layer aims to enhance decentralized finance (DeFi) use cases by making financial transactions on Bitcoin more efficient.
The developer, known as “Burak,” introduced a concept called “Brollups.” Brollups represent a Layer 2 design that aggregates Bitcoin transactions without requiring a hard fork or introducing non-Bitcoin tokens.
In a recent Medium post from June 21, Burak mentioned that Brollups are still in the design phase. He also indicated that testnet deployment (signet) could happen by the end of this year.
Brollups aim to support over 90% of DeFi use cases upon their release. Whether it’s listing NFTs for sale in exchange for Bitcoin or placing token sell orders on a decentralized exchange, all these actions can be executed atomically, verified, and scaled on the Bitcoin network.
Burak emphasized that Brollups are deeply integrated with Bitcoin and operate natively within its structure. These Brollups will be managed by “operators” who provide liquidity to the protocol and maintain overall state consistency by periodically bundling Bitcoin transactions.
Great V I should certainly pronounce, impressed with your website. I had no trouble navigating through all tabs and related info ended up being truly simple to do to access. I recently found what I hoped for before you know it in the least. Reasonably unusual. Is likely to appreciate it for those who add forums or anything, web site theme . a tones way for your customer to communicate. Excellent task..