儘管有抵抗，但風險投資公司對於比特幣生態系統的基礎設施發展仍然

比特幣2層協議比特萊爾（Bitlayer）首席執行官查理·尤丘（Charlie Yechuan Hu）在比特幣（BTC）生態系統中分享了他對風險投資（VC）公司的見解。

Venture capital firms remain critical to infrastructure development in the Bitcoin ecosystem, despite pushback from some in the community, according to builders speaking at the Token2049 conference in Dubai.

根據建築商在迪拜舉行的Token2049會議上發表講話的說法，儘管社區中的一些人的推翻，但風險投資公司對於比特幣生態系統的基礎設施發展仍然至關重要。

Charlie Yechuan Hu, CEO of Bitcoin layer-2 protocol Bitlayer, shared his insights on venture capital (VC) firms in the Bitcoin (BTC) ecosystem.

比特幣2層協議比特萊爾（Bitlayer）首席執行官查理·尤丘（Charlie Yechuan Hu）在比特幣（BTC）生態系統中分享了他對風險投資（VC）公司的見解。

Hu told Cointelegraph that he views many VC firms in the space positively, as they offer support to early ventures that need capital to build infrastructure.

胡告訴Cointelegraph，他對空間中的許多風險投資公司進行了積極的看法，因為他們為需要資本建設基礎設施的早期企業提供了支持。

“You need developers, you need to open up the whole ecosystem foundation, everything,” Hu said. “You need to pay for the cloud, like AWS or RPCs, all that, servers […] So, we have to have VC on that.”

Hu說：“您需要開發人員，您需要開放整個生態系統基金會，” Hu說。 “您需要為雲付費，例如AWS或RPC，所有這些服務器[…]因此，我們必須在其中擁有VC。”

Hu argued against the usual Bitcoiner ethos that argues against outsider capital, saying, “It’s difficult to say, okay, let’s do a fair mint, and then have a very successful, healthy treasury, and you have to pay all this stuff.”

胡反對反對局外人資本的通常的比特幣精神，說：“很難說，好吧，讓我們做一個公平的薄荷，然後擁有一個非常成功，健康的國庫，您必須支付所有這些東西。”

“It doesn’t work that way,” he said.

他說：“這是不起作用的。”

StarkWare researchers propose smart contracts for Bitcoin with ColliderVM

Starkware研究人員與ColliderVM提出了比特幣的智能合約

Lightning-only stance sparks debate

僅閃電的立場激發辯論

Not everyone agrees. Mike Jarmuz, a managing partner at Bitcoin venture capital firm Lightning Ventures, told Cointelegraph that Lightning is the only L2 his company has invested in and is interested in.

並非每個人都同意。比特幣風險投資公司Lightning Ventures的執行合夥人Mike Jarmuz告訴Cointelegraph，Lightning是其公司投資並感興趣的L2。

He said, “Anything with a ‘token’ that allows for ‘staking’ and earning some absurd APY interest on your Bitcoin should be avoided.”

他說：“任何具有'代幣'的任何東西都可以避免對您的比特幣產生荒謬的APY興趣。”

Jarmuz said that Lightning Network, on the other hand, is growing very quickly and makes Bitcoin transactions instant, nearly free and scalable. Bitcoin Visuals data shows that the Lightning Network has a cumulative capacity across all channels equivalent to almost $452 million at the time of writing. He added:

Jarmuz說，另一方面，閃電網絡正在迅速增長，並立即使比特幣交易幾乎免費且可擴展。比特幣視覺數據顯示，在撰寫本文時，閃電網絡的所有渠道累計容量累積的容量。他補充說：

Jarmuz said that projects not meeting his criteria are “masquerading as useful” while doing nothing for Bitcoin. He claimed that sidechains like the Liquid Network and newer protocols such as e-cash and federations or Ark “are not widely used” but “are at least interesting.”

Jarmuz說，不符合其標準的項目“偽裝成有用”，而無需為比特幣做任何事情。他聲稱，諸如液體網絡和新方案（例如電子現金和聯邦或方舟）之類的新方案“並不廣泛使用”，但“至少很有趣”。

He recognized that those “do not involve a staked token, promising yield,” with projects that have those features, “just waiting for rug pulls and issues.”

他認識到那些“不涉及固定的令牌，有希望的收益率”的項目，這些項目具有這些特徵，“只是等待地毯拉力和問題。”

“We don’t invest in that area,” he added.

他補充說：“我們不在那個領域進行投資。”

VCs seen as enablers of Bitcoin growth

VC被視為比特幣增長的推動者

According to Hu, VCs bring liquidity, resources and experience to new startups while opening “up all the institutional ideas and connections.” He said that those were important additions to Bitlayer’s resources as well, noting that “we wouldn’t have that if those people didn’t invest in us.”

根據胡的說法，風投為新的初創公司帶來了流動性，資源和經驗，同時打開“所有機構思想和聯繫”。他說，這也是比特萊勒資源的重要補充，並指出：“如果這些人不投資我們，我們就不會有。”

He also argued that VCs tend to back long-term infrastructure efforts rather than speculative projects like memecoins or non-fungible tokens.

他還認為，風險投資人傾向於支持長期基礎設施的工作，而不是投機性項目，例如成員或不可殺死的代幣。

That experience was echoed by Walter Maffione, lead engineer at Lightning Network-based decentralized exchange (DEX) Kaleidoswap, who told Cointelegraph that the protocol started as an open-source project and raised a pre-seed investment from Fulgur Ventures and Bitfinex Ventures.

基於Lightning Network網絡的分散交易所（DEX）Kaleidoswap的首席工程師Walter Maffione回應了這一經驗，後者告訴Cointelegraph，該協議始於開放源代碼項目，並從Fulgur Ventures and Bitfinex Ventures籌集了預先的投資。

“Those funds were used to pay open-source developers and accelerate protocol development, not to build a token or capture governance rights,” he said.

他說：“這些資金用於支付開源開發商並加速協議開發，而不是建立令牌或占領治理權利。”

Hu claimed that VCs have contributed significantly to developing layer-2 scalability solutions, wallets, Bitcoin lending and staking protocols. He added:

HU聲稱，VC對開發2層可伸縮性解決方案，錢包，比特幣貸款和堆放方案做出了重大貢獻。他補充說：