Bitcoin, the oldest and largest blockchain, has been attracting a surge of developers looking to enhance its programmability and add additional network layers. This development aims to facilitate the creation of more applications on the peer-to-peer network, while also providing faster and more cost-effective transaction execution.
The increased focus on development is driven by the desire to match Ethereum, the second-largest blockchain, in terms of functionality and utility. However, Bitcoin’s renowned security features are expected to be maintained throughout the process.