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Bankless· 2025-08-12 13:23
Spark is betting that Bitcoin can be fast, cheap, and stablecoin-friendly—without bridging, wrapping, or smart contracts.Using Statechains, it moves BTC-native assets offchain fast and cheap, bypassing bridges and complex contracts.Here’s how the project's design could change Bitcoin’s L2 landscape.👇~~ Analysis by @wmpeaster ~~@spark isn’t a typical L2. It’s a distributed ledger built as a shared signing protocol. Moving funds means temporarily delegating signing rights, while assets remain as Bitcoin UTXOs ...