Let's learn about Goat Network. Goat Network is a Bitcoin Layer 2 project. It was developed to solve issues faced by existing Bitcoin Layer 2 solutions, such as Bitcoin withdrawal delays, inconvenient UI/UX, and fund freezes. The core goal of @GOATRollup is to provide real Bitcoin yield. They aim to transform Bitcoin from merely a store of value into a productive financial asset, and through this, 1. Users can stake their Bitcoin on Goat Network instead of just holding it in their wallets, earning Bitcoin yields. 2. It will serve as an infrastructure supporting the development of various dApps in the Bitcoin ecosystem, driving the growth of Bitcoin Layer 2. 3. Through steps 1 and 2, users will naturally flow into Goat Network, leading to its growth and providing more yields to Bitcoin holders in a virtuous cycle. So far, attempts at Bitcoin Layer 2 have often ended disappointingly, but I hope @GOATRollup will be different!
Show original
2.2K
8
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.