Halving highlights why Bitcoin needs to be upgraded

To unlock the possibilities that Web3’s best talent has to offer, we need to provide developers with easy, efficient, and interoperable tools built on top of Bitcoin. However, to achieve this, changes must be addressed at the layer 1 level.

Fortunately, there are several paths currently being explored that are not built on Layer 2. for example, proposal Reintroduces the “OP_CAT” opcode, which allows chaining multiple script variables into one. This significantly increases the ability of developers to build on top of the network and deploy new services in a highly efficient manner.