Member-only story

Scaling the Crypto Kingdom: How and Why ICP Will Become Bitcoin’s Scaling Solution

Jeremy M Williams
6 min readMay 9, 2024

The Vision Ahead

The crypto landscape is changing, and if you’re tuned in like me, you can feel the ground shifting beneath your feet. Bitcoin’s potential remains undeniable, but its scalability issues have held it back from universal adoption. Enter the Internet Computer Protocol (ICP) — a solution poised to take Bitcoin to new heights. Let’s journey 10–20 years into the future, where ICP is the backbone of Bitcoin scaling. I’ll break down how this synergy will transform creative and technical job markets, and why ICP will be the talk of the crypto town.

Why ICP Is Different

Bitcoin scaling solutions have historically been hit or miss. Lightning Network? Promising, but complex and dependent on third-party bridges. Other Layer 1 chains? Lacking full integration. ICP, however, is built differently. It’s the world’s first internet-scale blockchain with direct, network-level integration to Bitcoin. Canisters — ICP’s smart contracts — have their own Bitcoin addresses, meaning transactions are signed directly on the Bitcoin network.

ICP’s Superpower — Chain-Key Bitcoin

Chain-Key Bitcoin (CKBTC) is ICP’s secret weapon. This decentralized, non-custodial Layer 2…

--

--

Jeremy M Williams
Jeremy M Williams

Written by Jeremy M Williams

Empire Builder with a poetic mind. A “Luxury brand expert” with hard knocks life experience. A “Writer” who codes. A “Strategist” who designs.

No responses yet