Marathon Digital Launches a Bitcoin Layer 2 Network
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Marathon Digital has recently announced a new initiative to support Bitcoin scaling called Anduro.
Through this multichain layer-2 network, the company aims to accelerate the development and adoption of Bitcoin by allowing for the creation of multiple sidechains.
The focus of Anduro is to encourage innovation within the Bitcoin ecosystem through a programmable, decentralized governance system.
While Marathon has been instrumental in the creation of Anduro, the platform will be community-led and driven.
The mining giant has also revealed plans to launch the first two sidechains on Anduro, Coordinate and Alys, which will provide cost-effective UTXO stack and institutional asset tokenization capabilities, respectively.
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