Zest Protocol co-founder: Adding programming functions can push BTC's Defi ecosystem beyond ETH
Tycho Onnasch, co-founder of Zest Protocol, stated that adding new programming functions to Bitcoin can help it counteract Ethereum's early advantage in deploying decentralized finance (defi) on the first layer (L1).Onnasch believes that once enough Bitcoin layer two solutions (L2) are deployed and trusted by users, the Bitcoin defi ecosystem will be comparable to Ethereum, and may even surpass it.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
