| Fully Diluted Valuation | $57.70M |
|---|---|
| 24H Trading Volume | $18 |
| 24H Low / High | $0.00 / $ 0.00 |
| Circulating Supply | 600.00 |
| Total Supply | 600.00 |
| Max Supply | 600.00 |
| Categories | DEAD 1 more |
|---|---|
| Founder | Anonymous |
| Website | omnibtc.finance |
| Socials | |
| Chains | Bevm Ecosystem |
| Explorer | Bevm 1 more |
| Contracts |
0xd88....2ad90
|
| Name | Pair | OG Score |
|---|
General-Layer BTC (GL-BTC) is a conceptual or emerging layer-2 solution built on top of the Bitcoin blockchain, aimed at addressing some of the core scalability and functionality limitations of Bitcoin's base layer. While specific details about GL-BTC are sparse, the concept aligns with broader trends in blockchain technology to enhance the capabilities of Bitcoin through secondary layers. These layers typically aim to:
Increase Transaction Speed:
By processing transactions off the main Bitcoin blockchain, GL-BTC could allow for faster transaction confirmations, a significant improvement over Bitcoin's current 10-minute block time for settlement.
Reduce Fees:
With transaction throughput increased, the network congestion that often leads to high transaction fees on Bitcoin could be mitigated, making microtransactions and everyday use more practical.
Enable Smart Contracts:
Although Bitcoin itself has limited smart contract capabilities compared to platforms like Ethereum, layer-2 solutions can introduce smart contract functionality, potentially allowing for more complex decentralized applications directly linked to Bitcoin's security and value.
Enhance Privacy:
GL-BTC might incorporate privacy features like those seen in other layer-2 solutions, where transactions can be shielded or batched to obscure individual transaction details from public view.
Interoperability:
GL-BTC could facilitate interoperability with other blockchain networks, allowing for cross-chain transactions or data transfer, which is a pivotal aspect for the broader adoption of blockchain technology.
Use Cases:
Microtransactions: By reducing fees and increasing speed, GL-BTC could be used for small, everyday transactions that are currently impractical on Bitcoin due to cost and time.
Gaming and NFTs:
With improved transaction capabilities, GL-BTC could support Bitcoin-based games or NFT platforms where transactions need to be rapid and cost-effective.
Payment Solutions:
For merchants and users, GL-BTC could serve as a payment layer, where Bitcoin's underlying value is used, but transactions occur with the speed and cost efficiency of layer-2.
Supply Chain:
By leveraging Bitcoin's security with added functionalities, supply chain solutions might benefit from immutable ledgers for tracking and verification with enhanced privacy.
GL-BTC aims to enhance Bitcoin's scalability, speed, and functionality through layer-2 solutions, potentially introducing smart contracts and improving transaction privacy.
The founders of GL-BTC are not specified in the available information, reflecting its conceptual or early-stage nature.
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