• Is Bitcoin Moving to Ethereum-Like Layer 2?- Elias Ahonen

  • Jul 17 2024
  • Length: 47 mins
  • Podcast

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Is Bitcoin Moving to Ethereum-Like Layer 2?- Elias Ahonen

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    Summary(Season 2, Ep13):

    Elias Ahonen, a blockchain author and legal expert, discusses his journey in the blockchain space and the evolution of the Bitcoin community, sharing early experiences and the challenges of securing digital assets. He touches on the emergence of alternative tokens and layer 2 solutions on Bitcoin, as well as the programmability of Ethereum and the concept of decentralized autonomous organizations (DAOs).

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    Takadao

    Takeaways:

    • Alternative tokens and layer 2 solutions on Bitcoin allow for programmability and creating decentralized marketplaces.
    • DAOs (Decentralized Autonomous Organizations) use blockchain and smart contracts to self-organize.
    • External governance of DAOs needs legal structures to comply with regulations.
    • Regulators should keep an open mind and learn about blockchain's history and development.
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