Blockstream, an organization centered on scaling bitcoin, is launching a platform to join builders, entrepreneurs, and Bitcoiners from around the globe to construct on Core Lightning and the Liquid Network, per a launch despatched to Bitcoin Magazine.
Build On L2 (BOL2) encourages builders to problem narratives within the broader cryptocurrency house that counsel blockchain tasks want to have utility tokens. Developers will deal with options furthering Bitcoin’s second layer whereas constructing on Core Lightning and the Liquid Network.
“The success of Lightning ultimately depends on the contributions of its community members,” defined Lisa Neigut, Core Lightning engineer. “The Build On L2 initiative brings developers, startups, and other contributors together into the same conversation to share their visions and scale Bitcoin as a wider community.”
The Liquid Network is a layer-2 scaling answer that permits the buying and selling of a number of property outdoors of bitcoin, akin to USD and stablecoins, using a sidechain. Core Lightning is a modular Lightning implementation that brings prompt, low-price, world bitcoin micropayments.
“Liquid allows us to build a Bitcoin native financial system. It contains the tools for maintaining a decentralized asset registry for securities issuance, where Bitcoin is the native settlement currency,” said Scott Millar, founder at SideSwap. “We hope this vision resonates with the larger Bitcoin community, and we welcome anyone looking to get started on Liquid through the Build On L2 community.”
Additionally, communities inside BOL2 will host occasions akin to hackathons, digital networking occasions, venture bounties, worldwide builder tournaments, profession growth applications, mentoring, and AMA’s with builders.
At launch, the manifesto of BOL2 has already been signed by outstanding Bitcoiners akin to: Blockstream CEO Dr. Adam Back, effectively-recognized CLN node operator Zero Fee Routing, Breez CEO Roy Sheinfeld, and others.