Charles Hoskinson, the founder of Cardano, raised doubts about the feasibility of Bitcoin Layer 2 (L2) developments in a recent post on X. His comments diverged from the discussions at the Satoshi Roundtable event in Dubai, where the potential benefits of Bitcoin L2 solutions were explored. Muneeb Ali, co-creator of the Stacks protocol, shared the community’s excitement for Bitcoin L2 solutions at the event, emphasizing the growing interest in this area.
While the discussions at the Satoshi Roundtable were optimistic about Bitcoin L2, Hoskinson expressed a contrasting view. He argued that Bitcoin lacks the potential to adapt to dynamic L2 solutions, unlike Ethereum and Cardano, which undergo continuous upgrades to support developers in deploying effective, efficient, reliable, and secure L2 solutions. Hoskinson highlighted the ongoing developments, such as BLS support in Cardano’s Plutus V3, aiming to enhance the L2 experience.
Hoskinson emphasized that Bitcoin is unlikely to “change or add any additional functionality” required for a vibrant L2 environment. He suggested that achieving Bitcoin L2 without a centralized or federated infrastructure is “insanely” impossible. Additionally, he downplayed the significance of the Satoshi Roundtable event, labeling it as a typical Bitcoin halving event narrative that he has witnessed multiple times.
