尽管有抵抗，但风险投资公司对于比特币生态系统的基础设施发展仍然

比特币2层协议比特莱尔（Bitlayer）首席执行官查理·尤丘（Charlie Yechuan Hu）在比特币（BTC）生态系统中分享了他对风险投资（VC）公司的见解。

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.

根据建筑商在迪拜举行的Token2049会议上发表讲话的说法，尽管社区中的一些人的推翻，但风险投资公司对于比特币生态系统的基础设施发展仍然至关重要。

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

比特币2层协议比特莱尔（Bitlayer）首席执行官查理·尤丘（Charlie Yechuan Hu）在比特币（BTC）生态系统中分享了他对风险投资（VC）公司的见解。

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.

胡告诉Cointelegraph，他对空间中的许多风险投资公司进行了积极的看法，因为他们为需要资本建设基础设施的早期企业提供了支持。

“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说：“您需要开发人员，您需要开放整个生态系统基金会，” Hu说。 “您需要为云付费，例如AWS或RPC，所有这些服务器[…]因此，我们必须在其中拥有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.”

胡反对反对局外人资本的通常的比特币精神，说：“很难说，好吧，让我们做一个公平的薄荷，然后拥有一个非常成功，健康的国库，您必须支付所有这些东西。”

“It doesn’t work that way,” he said.

他说：“这是不起作用的。”

StarkWare researchers propose smart contracts for Bitcoin with ColliderVM

Starkware研究人员与ColliderVM提出了比特币的智能合约

Lightning-only stance sparks debate

仅闪电的立场激发辩论

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.

并非每个人都同意。比特币风险投资公司Lightning Ventures的执行合伙人Mike Jarmuz告诉Cointelegraph，Lightning是其公司投资并感兴趣的L2。

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

他说：“任何具有'代币'的任何东西都可以避免对您的比特币产生荒谬的APY兴趣。”

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说，另一方面，闪电网络正在迅速增长，并立即使比特币交易几乎免费且可扩展。比特币视觉数据显示，在撰写本文时，闪电网络的所有渠道累计容量累积的容量。他补充说：

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说，不符合其标准的项目“伪装成有用”，而无需为比特币做任何事情。他声称，诸如液体网络和新方案（例如电子现金和联邦或方舟）之类的新方案“并不广泛使用”，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.”

他认识到那些“不涉及固定的令牌，有希望的收益率”的项目，这些项目具有这些特征，“只是等待地毯拉力和问题。”

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

他补充说：“我们不在那个领域进行投资。”

VCs seen as enablers of Bitcoin growth

VC被视为比特币增长的推动者

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.”

根据胡的说法，风投为新的初创公司带来了流动性，资源和经验，同时打开“所有机构思想和联系”。他说，这也是比特莱勒资源的重要补充，并指出：“如果这些人不投资我们，我们就不会有。”

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

他还认为，风险投资人倾向于支持长期基础设施的工作，而不是投机性项目，例如成员或不可杀死的代币。

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.

基于Lightning Network网络的分散交易所（DEX）Kaleidoswap的首席工程师Walter Maffione回应了这一经验，后者告诉Cointelegraph，该协议始于开放源代码项目，并从Fulgur Ventures and Bitfinex Ventures筹集了预先的投资。

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

他说：“这些资金用于支付开源开发商并加速协议开发，而不是建立令牌或占领治理权利。”

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

HU声称，VC对开发2层可伸缩性解决方案，钱包，比特币贷款和堆放方案做出了重大贡献。他补充说：