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Zest Protocol co-founder: Adding programming functions can push BTC's Defi ecosystem beyond ETH

CointimeCointime2024/05/22 06:01
By:Cointime

Tycho Onnasch, co-founder of Zest Protocol, stated that adding new programming functions to Bitcoin can help it counteract Ethereum's early advantage in deploying decentralized finance (defi) on the first layer (L1).Onnasch believes that once enough Bitcoin layer two solutions (L2) are deployed and trusted by users, the Bitcoin defi ecosystem will be comparable to Ethereum, and may even surpass it.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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