第 2 层区块链协议 PROM/USD 和 MNT/USD 可能成为下一个比特币 (BTC)

少数领先的所谓“Layer 2”（或 L2）区块链协议距离比特币 (BTC) 12 个月的市场繁荣并不遥远。

A handful of leading so-called “Layer 2” (or L2) blockchain protocols are not that far away from Bitcoin’s (BTC) 12-month romp of the market.

少数领先的所谓“Layer 2”（或 L2）区块链协议距离比特币 (BTC) 12 个月的市场繁荣并不遥远。

The question is whether those that have tracked Bitcoin’s 144% gains over the last year can continue tracking the granddaddy of all cryptocurrencies, or if investors are going to give the laggards their turn next.

问题在于，那些追踪比特币去年涨幅 144% 的投资者能否继续追踪所有加密货币的鼻祖，或者投资者接下来是否会轮到落后者。

Two of the top performers over the last year are Prometeus (PROM) – up 146.52% since last May 28 mid-morning trading – and Mantle (MNT), which is up 112.91%. By comparison, traditional stock investors that just bought the Invesco QQQ Trust (QQQ) are up 31.67%.

去年表现最好的两个股票是 Prometeus (PROM)（自去年 5 月 28 日上午交易以来上涨 146.52%）和 Mantle (MNT)（上涨 112.91%）。相比之下，刚刚买入景顺QQQ信托(QQQ)的传统股票投资者上涨了31.67%。

Digital asset fund managers have watched the Layer 2 theme for at least the last two years. The idea became more commonplace around 2022-23 for Ethereum (ETH) users, thanks to L2 developer OP Labs. At the time, Vatalik Buterin was being hounded by blockchain application developers for its speed, or lack thereof, and its cost. A second layer, if you will, developed by alternative blockchains and even Ethereum itself, would help speed things up.

数字资产基金经理至少在过去两年里一直在关注 Layer 2 主题。感谢 L2 开发商 OP Labs，这个想法在 2022-23 年左右对于以太坊 (ETH) 用户来说变得更加普遍。当时，Vatalik Buterin 因其速度（或缺乏速度）以及成本而受到区块链应用程序开发人员的追捧。如果你愿意的话，由替代区块链甚至以太坊本身开发的第二层将有助于加快速度。

This opened up the alternative blockchain space, led by giants like Arbitrum (ARB), a three billion market cap company now, according to CoinMarketCap. ARB is down year-to-date after a total reversal of fortunes versus BTC this past winter. It's headed south since March, but if the cryptocurrency bull market has any legs, ARB could close that gap.

这开辟了另类区块链空间，由 Arbitrum (ARB) 等巨头主导，据 CoinMarketCap 称，该公司目前市值达 30 亿美元。去年冬天，ARB 与 BTC 的命运发生了彻底逆转，今年以来，ARB 一直在下跌。自 3 月份以来，它一直在下跌，但如果加密货币牛市有任何支撑，ARB 可能会缩小这一差距。

The L2 Investment Case

L2 投资案例

The Layer 2 companies all build from three different solutions. The solution options are designed to tackle Layer 1 blockchain problems such as speed, cost, and scalability on the blockchain while being able to maintain an open, decentralized, and secure network. This, of course, is easier said than done.

Layer 2 公司均采用三种不同的解决方案构建。该解决方案选项旨在解决第 1 层区块链问题，例如区块链上的速度、成本和可扩展性，同时能够维护开放、去中心化和安全的网络。当然，这说起来容易做起来难。

One way to describe the speed differential between new technologies (blockchains) and old payment systems like Visa, is that Ethereum can process around 7-15 transactions a second. Visa can do around 100,000. Layer 2 technologies are supposed to eventually bring these blockchains up to speed, giving them commercial application. That’s been the future play all along for investors, be it venture capitalists funding PROM, or retailers with a crypto trading account.

描述新技术（区块链）和 Visa 等旧支付系统之间速度差异的一种方法是，以太坊每秒可以处理大约 7-15 笔交易。 Visa可以做10万左右。 Layer 2 技术应该最终使这些区块链加速发展，从而赋予它们商业应用。对于投资者来说，无论是为 PROM 提供资金的风险投资家，还是拥有加密货币交易账户的零售商，这一直是投资者的未来策略。

Of those three L2 solutions – ZK-rollups, Optimism rollups, and channels – ZK-rollups is focused on speed and is the one garnering the most investor attention. Each solution tends to tackle a different problem, and no one has developed a system yet that solves all the concerns of the blockchain community – be it decentralization versus centralization, or scalability and speed.

在这三种 L2 解决方案（ZK-rollups、Optimism rollups 和 Channels）中，ZK-rollups 专注于速度，是最受投资者关注的一种。每个解决方案都倾向于解决不同的问题，而且还没有人开发出一种系统可以解决区块链社区的所有问题——无论是去中心化与中心化，还是可扩展性和速度。

In a sense, these techies, all of whom speak a language that sounds like something out of Battlestar Galactica, and who seem to be maybe 20 years ahead of their time, are trying to create a different internet. Today, the transactions on this new internet, aka Web3, are done in cryptocurrencies lay investors have been piling into for years.

从某种意义上说，这些技术人员都在尝试创建一个不同的互联网，他们所使用的语言听起来都像是太空堡垒卡拉狄加中的语言，而且似乎比他们的时代领先 20 年。如今，这个新互联网（又名 Web3）上的交易是通过加密货币完成的，外行投资者多年来一直在涌入。

“The number of users acquainted with blockchain's benefits grows each year,” said Iva Wisher, co-founder and COO of PROM. “These L2 solutions are the key to unlocking the full potential of the blockchain ecosystem. They address the existing limits that L1 networks face. By enhancing accessibility, efficiency, and convenience, these solutions pave the way for further adoption and growth.”

PROM 联合创始人兼首席运营官 Iva Wisher 表示：“了解区块链优势的用户数量每年都在增长。” “这些 L2 解决方案是释放区块链生态系统全部潜力的关键。它们解决了 L1 网络面临的现有限制。通过提高可访问性、效率和便利性，这些解决方案为进一步采用和增长铺平了道路。”

PROM allows developers to be able to connect both to Ethereum network-compatible blockchains and non-Ethereum ones, such as Bitcoin or Solana (SOL). This attracts the decentralization aspect of the blockchain developer crowd and mitigates the risk of network downtime. Investors seem to like it this year. Although PROM is down around $50 per coin from its all-time high of $65.86 reached on April 30, 2021, PROM's first trading day back in 2019 had an initial price of $0.33 and is currently priced a little over $10.

PROM 允许开发人员能够连接到以太坊网络兼容的区块链和非以太坊区块链，例如比特币或 Solana (SOL)。这吸引了区块链开发者群体的去中心化方面，并降低了网络停机的风险。投资者似乎喜欢今年。尽管 PROM 较 2021 年 4 月 30 日达到的历史高点 65.86 美元下跌了约 50 美元，但 PROM 在 2019 年的第一个交易日的初始价格为 0.33 美元，目前价格略高于 10 美元。

“Ethereum, with its average 12-second block speed, stands out as one of the slowest and most costly around,” said Yves La Rose, Co-Founder and CEO of EOS Network Foundation (EOS). “It’s the layer 2 solutions that allow for substantial enhancements in speed and cost-efficiency, because making those improvements directly on the Ethereum main chain would be a highly contentious issue.”

EOS 网络基金会 (EOS) 联合创始人兼首席执行官 Yves La Rose 表示：“以太坊平均出块速度为 12 秒，是最慢且成本最高的以太坊之一。” “第 2 层解决方案可以大幅提高速度和成本效率，因为直接在以太坊主链上进行这些改进将是一个极具争议的问题。”

L2 investors tend to buy the coins of the alternative blockchains, even though Ethereum is still the biggest.

L2 投资者倾向于购买替代区块链的代币，尽管以太坊仍然是最大的。

ETH’s first-quarter trading volume dipped under 40%. Analysts have attributed ETH’s volume drop during the BTC bull rally to investors following developers to alternative blockchains.

ETH 第一季度交易量下降了 40% 以下。分析师将 BTC 牛市期间 ETH 交易量下降归因于投资者追随开发商转向替代区块链。