According to David Schwartz, the chief technology officer of Ripple, Bitcoin’s main strengths are not in complicated smart contracts or are not fast. It is to provide a safe and reliable settlement layer that other networks can depend on.
The backbone of Bitcoin’s certificate has proved to stay for more than 10 years. The security model is still attracting the attention of developers and institutions.
Safe settlement backbone
Schwartz pointed out that work certificate mining is a unique resistance to the best encryption. The design is simple, but it is difficult to break. Investors and institutions are important.
Even if there is a fee that can climb for about 10 minutes and for a busy period, the security of the network is unmatched. Bitcoin may not match more programming chains, but major protocol failures have never suffered.
Layer -TWO growth and chain off chain use
Based on the report, most BTC transactions today do not reach the main chain directly. Lightning network handles micro payments. Other protocols, such as RSK, are still fixed to the security of BTC while providing smart contract functions.
The actual actual problems that are resolved by cryptocurrencies today are actually small. However, the hope for Bitcoin will be secured as a call of choice in the evolving digital asset ecosystem even if the solid tier 1 and early starts are vast.
-David ‘Joelkatz’Schwartz (@joelkatz) July 14, 2025
This kind of trend shows that most activities can thrive in Bitcoin’s core roles even if they are out of the chain. The legs and side chains did not block the base layer and influenced the value.
Schwartz compares the extensive range of Bitcoin to the XRP used for EVM compatible side chains. It does not occur in the original ledger. But still use the same currency utility.
He suggested that BTC will remain as “optional call” in the growing digital asset system. Even if the competitive network provides more brilliant features, this state is maintained. The user always has an option to return to the proven rail of encryption assets.
Security vs. functional set
The CTO noted that the actual problem solved by encryption is limited. Many new blockchains have lower fees or faster speeds. Nevertheless, it does not match the continuous history of Bitcoin.
Companies and developers often choose to fix the value of the BTC before moving to another place. It gives them peace of mind when expanding other services. It is a real trade off between pure security and additional features.
Market milestone and comparison
Bitcoin has exceeded $ 123,000 on Monday and pushed its market cap to about $ 2.4 trillion. It is ahead of Amazon, Apple, Microsoft and NVIDIA. Of all assets, only gold rankings are higher.
Some analysts see this milestone as evidence that BTC’s rock -based still maintains demand. Others warn that price fluctuations can still test investor nerves. But the market cap is the highest ranking of Bitcoin in itself.
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