Advancements in Bitcoin Scaling - Side Chains and Layer 2 Solutions as Key Players | HackerNoon
Briefly

Bitcoin's birth aimed to eliminate intermediaries, offering security, transparency, and decentralization. Shift to scalable solutions enhances speed, cost-effectiveness, usability, and user volume.
Transition to decentralized economies with Ethereum's rise underpins the need for Bitcoin to address scalability issues for growth and new applications.
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