I hope ae community to think about this; And explore the possibility of realization in this aspect. btc has the most computing power; But it’s very slow on the chain.
Hey @charles, I’m not exactly sure what you mean with AE becoming a layer 2 of BTC, AFAIK Hyperchains aren’t really a layer 2 solution but I could be wrong. Maybe @dimitar.chain could shed some light here
hyperchain already has the computational support of btc (if btc is chosen as the parent chain). If we can get through the cross-chain interaction between ae and btc, ae and eth (btc issued on ae chain; eth). Then I think ae can be the layer2 of btc. I don’t know if my understanding is correct
I think this is a great idea. This also is something @yani.chain had mentioned publicly on more than one occasion. One example would be last year’s Universe 2 talk that he gave. It is a great video with many insights, I highly recommend it:
Yes, it does briefly mention spawning a HC that provides a solution to BTC, basically bringing the power of the Sophia smart contract language and FATE VM to BTC. If this is to be the AE main net or a different chain - is yet to be seen and depends on the community but it will be powered by Aeternity tech. Yani shares his thoughts in the video above with some other ideas where HCs could be highly beneficial.
If a HyperChain is a L2 solution or L1 is in my opinion a theological discussion. Since there is no locking of parent chain coins in order to execute transactions on the child chain - it is fair to say it is not L2. If one builds bridges (as you suggest), it could easily be considered L2, so it is specific to the use case and how it is being implemented.