Mempool Founder Calls Out Bitcoin L2, Critiques Major Anomalies

Mononaut, the founder of Mempool, has raised concerns regarding Bitcoin Layer 2 (L2) technology. He points out several criticisms, including the absence of support for unilateral exit, the involvement of venture capital, and the potential for pyramid scheme dynamics. Mononaut also highlights the lack of a white paper or technical details regarding Bitcoin L2, suggesting a lack of transparency and clarity in the project’s development.