This is the latest speculation circulating throughout the EOS community at the moment. So is there any merit to the idea and where did the idea come from? We previously wrote about Daniel Larimer’s interest in Bitcoin here.
The idea is that the peace sign which Daniel Larimer has been posting continuously of late is alluding to a layer 2 solution for scaling Bitcoin.
Both Dan and Brendan have mentioned numerous times throughout the year that EOS could be used to scale Bitcoin.
On top of this, we recently found out that Block.one is a major Bitcoin holder with an astonishing 140K BTC (1.2 Billion USD). It is no wonder they want to scale Bitcoin. B1 owns almost 1% of the total supply!
Sam Kazemian, Everipedia Cofounder President and DecentralBank Cofounder CEO also thinks EOS is a great solution for BTC scaling, writing this article on the subject. Michael Blu highlights a section of the Medium article on Twitter.
If Block.one created even a small (relatively speaking) EOSBTC scalability fund, EOS could ironically be the most well funded, highest development activity, and promising BTC scaling technology overnight.Sam Kazemian
So with all this information, one can gather that Block.one is clearly working towards a scaling solution for Bitcoin. The big question on everyone’s lips though is will it be released on June 1st! Tell us your thoughts by leaving a comment below.
Disclaimer. EOSwriter does not endorse any content or product on this page. While we aim at providing you with all the important information we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as investment advice.