比特幣減半推動 Layer 2 解決方案激增：創新和成長的催化劑

4月20日發生的比特幣減半事件導致鏈上活動大幅增加，導致交易費用飆升。這種激增促使專家和交易員猜測，在下一次減半之前的「Epoch V」將見證閃電網路等比特幣第 2 層解決方案的大量採用，因為需要經濟高效的替代方案來替代昂貴的交易費用。主區塊鏈。

The Inevitable Surge to Bitcoin's Layer 2 Solutions: A Catalyst for the Halving

比特幣第 2 層解決方案不可避免的激增：減半的催化劑

The fourth halving of Bitcoin, an event that slashes the issuance of new bitcoins by half, has sparked a surge in on-chain activity. This unprecedented level of network utilization has driven transaction fees to staggering heights, compelling users to seek alternative solutions.

比特幣第四次減半將新比特幣的發行量削減了一半，引發了鏈上活動的激增。這種前所未有的網路利用率已將交易費用推至驚人的高度，迫使用戶尋求替代解決方案。

While the halving itself is a momentous occasion, the true significance lies in its impetus for the widespread adoption of Bitcoin's Layer 2 (L2) solutions. This technological ecosystem offers a significant reprieve from the escalating fees on the main blockchain.

雖然減半本身是一個重要時刻，但真正的意義在於它推動了比特幣第 2 層 (L2) 解決方案的廣泛採用。這項技術生態系統大大緩解了主區塊鏈上不斷上漲的成本。

The recent launch of Runes, a protocol that facilitates the creation of meme coins on Bitcoin, has further fueled this trend. Hundreds of these unique tokens have emerged, generating over $80 million in fees for miners. This activity has also caused a dramatic increase in the cost of sending a transaction on Bitcoin, with the average price currently exceeding $70, representing a staggering 1,395.8% surge over the last 30 days.

最近推出的 Runes（一種促進在比特幣上創建模因幣的協議）進一步推動了這一趨勢。數百種獨特的代幣已經出現，為礦工帶來了超過 8000 萬美元的費用。這項活動也導致比特幣發送交易的成本急劇增加，目前平均價格超過 70 美元，在過去 30 天內飆升了 1,395.8%。

Experts anticipate that this surge in activity will continue, heralding the era of "Epoch V," a period spanning until the next halving in 2028. During this time, Bitcoin's L2 solutions, such as the Lightning Network, are poised to gain significant traction.

專家預計，這種活動激增將持續下去，預示著「Epoch V」時代的到來，這段時期將持續到2028 年下一次減半。獲得巨大的吸引力。

"Any factor that causes fee rates to spike will likely drive people to explore alternative options," asserted Ava Chow, a Bitcoin Core developer. "Lightning is one such option. Side chains like Fedimint, Ark, and numerous other Layer 2s are also available. High fee environments will incentivize users to delve into these solutions."

比特幣核心開發人員 Ava Chow 表示：“任何導致費用飆升的因素都可能促使人們探索其他選擇。” “閃電網路就是這樣的選擇之一。像 Fedimint、Ark 和許多其他第 2 層這樣的側鏈也可以使用。高費用環境將激勵用戶深入研究這些解決方案。”

Messari, a renowned research firm, echoed this sentiment in a recent report, emphasizing that "Layer-2 solutions for Bitcoin are not a mere luxury but an absolute necessity." As Bitcoin evolves beyond its "digital gold" status, it transforms into a platform for innovation and application development.

著名研究公司 Messari 在最近的一份報告中呼應了這一觀點，強調“比特幣的第二層解決方案不僅僅是奢侈品，而是絕對必要的。”隨著比特幣超越其「數位黃金」地位，它轉變為創新和應用程式開發的平台。

The emergence of Ordinals, a protocol that enables the storage of data on the smallest units of BTC, has been instrumental in shaping this mindset shift. With over $3 billion in NFT-like "inscription" sales, Ordinals has sparked significant trading activity, driving the average number of transactions close to 2 million.

Ordinals 是一種能夠以 BTC 最小單位儲存資料的協議，它的出現在塑造這種思維方式轉變方面發揮了重要作用。 Ordinals 類 NFT 的「銘文」銷售額超過 30 億美元，引發了巨大的交易活動，推動平均交易量接近 200 萬筆。

BitVM, an off-chain computation solution, further enhances the Bitcoin ecosystem by enabling the creation of Ethereum-like smart contracts on the Bitcoin blockchain. Babylon provides a platform for staking and earning yield on BTC holdings. Layer 2s such as Stacks and Merlin are becoming hubs for decentralized applications and meme coins.

BitVM 是一種鏈下運算解決方案，透過在比特幣區塊鏈上創建類似以太坊的智慧合約，進一步增強了比特幣生態系統。 Babylon 提供了一個透過持有 BTC 進行質押並賺取收益的平台。 Stacks 和 Merlin 等 Layer 2 正在成為去中心化應用程式和 Meme 幣的中心。

Notably, tokens associated with Bitcoin L2s have outperformed BTC in the days following the halving. Elastos' ELA token has surged 11%, while SatoshiVM's SAVM has climbed 5%. Stack's STX token has witnessed an impressive 20% gain to $2.87, potentially driven by the network's anticipated Nakamoto upgrade.

值得注意的是，在減半後的幾天裡，與比特幣 L2 相關的代幣的表現優於 BTC。 Elastos 的 ELA 代幣飆升了 11%，而 SatoshiVM 的 SAVM 則上漲了 5%。 Stack 的 STX 代幣上漲了 20%，達到 2.87 美元，這可能是受到網路預期的中本聰升級的推動。

Market forces will inevitably drive the migration to Bitcoin's secondary layers. However, this shift may present challenges for those with low bitcoin balances. As Chow points out, using platforms like Lightning non-custodially requires an on-chain transaction, creating a barrier for those with limited funds.

市場力量將不可避免地推動向比特幣第二層的遷移。然而，這種轉變可能會給那些比特幣餘額較低的人帶來挑戰。正如 Chow 指出的那樣，使用像閃電網路這樣的非託管平台需要進行鏈上交易，這給資金有限的人造成了障礙。

"In a high fee environment, it becomes more challenging to access these solutions," Chow explained.

「在高費用環境中，取得這些解決方案變得更具挑戰性，」Chow 解釋道。

Custodial Lightning companies offer workarounds by subsidizing these expensive transactions. However, this approach raises concerns about centralization and the erosion of user sovereignty.

託管閃電公司透過補貼這些昂貴的交易來提供解決方案。然而，這種方法引起了人們對中心化和使用者主權受到侵蝕的擔憂。

"Custodial Lightning services could become the new banks or middlemen, undermining the privacy and autonomy that Bitcoin offers," warned Sovereign Matt, a pseudonymous Bitcoin critic and Lightning skeptic.

「託管閃電服務可能會成為新的銀行或中間商，從而破壞比特幣提供的隱私和自治權，」匿名比特幣評論家和閃電網路懷疑論者 Sovereign Matt 警告。

The current trajectory of Bitcoin stems from the Blocksize Wars of yesteryear. Instead of increasing the block size, the decision was made to pursue L2 scaling solutions.

比特幣目前的發展軌跡源自於去年的區塊大小之戰。我們決定採用 L2 擴充解決方案，而不是增加區塊大小。

"There are two schools of thought on expanding the number of transactions per block," said Chow. "One approach is to enlarge blocks, while the other is to reduce transaction size."

「關於擴大每個區塊的交易數量，有兩種思想流派，」Chow 說。 “一種方法是擴大區塊，另一種方法是減少交易規模。”

Efforts are underway to make Bitcoin transactions smaller and more compact. Until these optimizations materialize, the adoption of L2 solutions will continue to gather momentum.

人們正在努力使比特幣交易變得更小、更緊湊。在這些優化實現之前，L2 解決方案的採用將繼續累積動力。

As the Bitcoin ecosystem evolves, the halving has served as a catalyst for the widespread recognition of Layer 2 solutions. These secondary layers offer respite from soaring transaction fees, paving the way for the continued growth and innovation of the Bitcoin network.

隨著比特幣生態系統的發展，減半成為了 Layer 2 解決方案廣受認可的催化劑。這些二級層為不斷飆升的交易費用提供了喘息的機會，為比特幣網路的持續成長和創新鋪平了道路。