
Bitcoin, that venerable old dear, has reigned as the market’s basest of base assets for over a decade. Yet, like a grand dame past her prime, her flaws are as glaringly obvious as a misplaced corset. Slow transactions? Darling, they’re glacial. Fees during peak times? Highway robbery, my dear. And smart contracts? Practically non-existent, unless you consider a telegram from 1903 “smart.” DeFi and mass applications? She’s about as suited for them as a duchess is for manual labor. Hence, the sudden fascination with layers upon layers of solutions, like a mille-feuille of blockchain innovation. 🍰