比特币减半加剧了对未经验证的 Layer 2 项目的猜测

由于预计比特币即将减半，交易者正在投机性的第二层平台上投资数十亿美元。尽管新的比特币第 2 层尚未投入运营且未在流行的区块链追踪器上列出，但它比现有的以太坊同类产品积累了更多的锁定资金。 Layer 2 可以在不影响去中心化的情况下增强交易能力，在以太坊上已经很流行，但比特币的减半引发了人们对这些解决方案的极大兴趣。

Bitcoin's Halving Sparks Surge in Speculation on Unverified Layer 2 Projects

比特币减半引发对未经验证的 Layer 2 项目的猜测激增

Amidst heightened anticipation for Bitcoin's highly publicized halving, traders are pouring billions of dollars into speculative layer 2 projects that have yet to launch. Notably, a nascent Bitcoin layer 2 project, currently unidentified on established blockchain tracking platforms such as DeFiLlama, has garnered a staggering total value locked (TVL) that eclipses that of established Ethereum layer 2 solutions like Optimism, Arbitrum, Base, and Blast.

在人们对比特币减半的高度预期中，交易员正在向尚未启动的投机性第二层项目投入数十亿美元。值得注意的是，一个新兴的比特币第 2 层项目目前在 DeFiLlama 等成熟的区块链跟踪平台上尚未被识别，它已经​​获得了惊人的总锁定价值 (TVL)，使 Optimism、Arbitrum、Base 和 Blast 等成熟的以太坊第 2 层解决方案黯然失色。

Layer 2 solutions operate as separate blockchains connected to the primary blockchain. They typically aim to enhance transaction efficiency and scalability while mitigating fees and preserving decentralization. Ethereum has actively promoted roll-up solutions, leading to a proliferation of layer 2 projects within its ecosystem.

第 2 层解决方案作为连接到主区块链的单独区块链运行。他们通常旨在提高交易效率和可扩展性，同时降低费用并保持去中心化。以太坊积极推广 Roll-up 解决方案，导致其生态系统内的 Layer 2 项目激增。

The precise definition of a layer 2 project remains a subject of debate, with numerous blockchain projects leveraging the term to imply their classification as layer 2 despite maintaining distinct node networks, security models, and proprietary tokens.

Layer 2 项目的精确定义仍然是一个争论的话题，尽管维护着不同的节点网络、安全模型和专有代币，但许多区块链项目都利用该术语来暗示它们属于 Layer 2 的分类。

However, the majority of crypto enthusiasts associate layer 2 projects with contemporary sidechains like Ethereum's Optimism, Arbitrum, Base, and Blast, rather than legacy sidechains such as Omni or Counterparty.

然而，大多数加密爱好者将 Layer 2 项目与以太坊的 Optimism、Arbitrum、Base 和 Blast 等当代侧链联系起来，而不是 Omni 或 Counterparty 等传统侧链。

Bitcoin, in contrast to Ethereum, supports only rudimentary smart contracts and has historically witnessed limited adoption of layer 2 solutions. TVL serves as a widely accepted metric for gauging the amount of layer 1 money (ETH) transferred to a layer 2 (ETH-on-Arbitrum).

与以太坊相反，比特币仅支持基本的智能合约，并且历史上第 2 层解决方案的采用有限。 TVL 是一种广泛接受的指标，用于衡量转移到第 2 层（ETH-on-Arbitrum）的第 1 层货币（ETH）数量。

Based on this TVL metric, the emerging Bitcoin layer 2 project has attracted over $3 billion worth of BTC, surpassing the $2.5 billion on Ethereum's Arbitrum, $1.5 billion on Ethereum's Base, $838 million on Ethereum's Optimism, and $1.4 billion on Ethereum's Blast.

根据这一 TVL 指标，新兴的比特币第 2 层项目吸引了价值超过 30 亿美元的 BTC，超过了以太坊 Arbitrum 的 25 亿美元、以太坊 Base 的 15 亿美元、以太坊 Optimism 的 8.38 亿美元和以太坊 Blast 的 14 亿美元。

This Bitcoin halving is positioned to become the most expensive yet, surpassing all previous halvings in terms of its perceived significance.

这次比特币减半将成为迄今为止最昂贵的减半，就其感知意义而言，将超越之前所有的减半。

The aforementioned Bitcoin layer 2 project began developing infrastructure upon the launch of Ordinals on Bitcoin. While it currently supports a limited number of early assets like BRC-20 memecoins, it has gained significant momentum in recent weeks.

上述比特币第 2 层项目在比特币上推出 Ordinals 后就开始开发基础设施。虽然它目前支持 BRC-20 memecoins 等有限数量的早期资产，但最近几周它获得了巨大的发展势头。

Its initial traction stemmed from its support for Ordinals, but pre-halving speculators have flocked to the platform due to its promise to support Runes post-halving. Runes is an upcoming fungible token protocol developed by the renowned creator of Bitcoin Ordinals.

它最初的吸引力源于对序数的支持，但由于其承诺在减半后支持符文，减半前的投机者纷纷涌向该平台。 Runes 是即将推出的可替代代币协议，由比特币序数的著名创建者开发。

The convergence of factors such as Runes, numismatic artifacts, and celebratory events has amplified anticipation for this Bitcoin halving. The surge in layer 2 TVL figures and substantial bids for a single block of transactions indicate that Bitcoin's halving could become the most lucrative day for speculators in the history of cryptocurrencies.

符文、钱币文物和庆祝活动等因素的融合增强了人们对比特币减半的预期。第 2 层 TVL 数据的激增以及对单个交易块的大幅出价表明，比特币减半可能成为加密货币历史上投机者最赚钱的一天。