比特币减半推动 Layer 2 解决方案激增：创新和增长的催化剂

4月20日发生的比特币减半事件导致链上活动大幅增加，导致交易费用飙升。这种激增促使专家和交易员猜测，在下一次减半之前的“Epoch V”将见证闪电网络等比特币第 2 层解决方案的大量采用，因为需要经济高效的替代方案来替代昂贵的交易费用。主区块链。

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

比特币第 2 层解决方案不可避免的激增：减半的催化剂

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.

比特币第四次减半将新比特币的发行量削减了一半，引发了链上活动的激增。这种前所未有的网络利用率已将交易费用推至惊人的高度，迫使用户寻求替代解决方案。

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.

虽然减半本身是一个重要时刻，但真正的意义在于它推动了比特币第 2 层 (L2) 解决方案的广泛采用。这一技术生态系统极大地缓解了主区块链上不断上涨的费用。

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（一种促进在比特币上创建模因币的协议）进一步推动了这一趋势。数百种独特的代币已经出现，为矿工带来了超过 8000 万美元的费用。这一活动还导致比特币发送交易的成本急剧增加，目前平均价格超过 70 美元，在过去 30 天内飙升了 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.

专家预计，这种活动激增将持续下去，预示着“Epoch V”时代的到来，这一时期将持续到 2028 年下一次减半。在此期间，比特币的 L2 解决方案（例如闪电网络）将获得巨大的吸引力。

"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."

比特币核心开发人员 Ava Chow 表示：“任何导致费用飙升的因素都可能促使人们探索其他选择。” “闪电网络就是这样的选择之一。像 Fedimint、Ark 和许多其他第 2 层这样的侧链也可以使用。高费用环境将激励用户深入研究这些解决方案。”

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 在最近的一份报告中呼应了这一观点，强调“比特币的第二层解决方案不仅仅是奢侈品，而是绝对必要的。”随着比特币超越其“数字黄金”地位，它转变为创新和应用程序开发的平台。

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 是一种能够以 BTC 最小单位存储数据的协议，它的出现在塑造这种思维方式转变方面发挥了重要作用。 Ordinals 类 NFT 的“铭文”销售额超过 30 亿美元，引发了巨大的交易活动，推动平均交易量接近 200 万笔。

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 是一种链下计算解决方案，通过在比特币区块链上创建类似以太坊的智能合约，进一步增强了比特币生态系统。 Babylon 提供了一个通过持有 BTC 进行质押并赚取收益的平台。 Stacks 和 Merlin 等 Layer 2 正在成为去中心化应用程序和 Meme 币的中心。

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，在减半后的几天里，与比特币 L2 相关的代币的表现优于 BTC。 Elastos 的 ELA 代币飙升了 11%，而 SatoshiVM 的 SAVM 则上涨了 5%。 Stack 的 STX 代币上涨了 20%，达到 2.87 美元，这可能是受到网络预期的中本聪升级的推动。

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.

市场力量将不可避免地推动向比特币第二层的迁移。然而，这种转变可能会给那些比特币余额较低的人带来挑战。正如 Chow 指出的那样，使用像闪电网络这样的非托管平台需要进行链上交易，这给资金有限的人造成了障碍。

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

“在高费用环境中，获取这些解决方案变得更具挑战性，”Chow 解释道。

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

托管闪电公司通过补贴这些昂贵的交易来提供解决方案。然而，这种方法引起了人们对中心化和用户主权受到侵蚀的担忧。

"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.

“托管闪电服务可能会成为新的银行或中间商，从而破坏比特币提供的隐私和自治权，”匿名比特币评论家和闪电网络怀疑论者 Sovereign Matt 警告说。

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.

比特币目前的发展轨迹源于去年的区块大小之战。我们决定采用 L2 扩展解决方案，而不是增加块大小。

"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."

“关于扩大每个区块的交易数量，有两种思想流派，”Chow 说。 “一种方法是扩大区块，另一种方法是减少交易规模。”

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.

人们正在努力使比特币交易变得更小、更紧凑。在这些优化实现之前，L2 解决方案的采用将继续积聚动力。

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.

随着比特币生态系统的发展，减半成为了 Layer 2 解决方案得到广泛认可的催化剂。这些二级层为不断飙升的交易费用提供了喘息的机会，为比特币网络的持续增长和创新铺平了道路。