The Bitcoin Layer 2 Conference – East & West 2024 is the world’s first event dedicated to the Bitcoin Layer 2 ecosystem. The conference will bring together over 500 blockchain industry elites and more than 100 top companies worldwide, fostering unparalleled global collaboration and knowledge exchange. The conference will be held on April 8, 2024, in Hong Kong, and will feature BEVM as the title sponsor.
What is Bitcoin Layer 2?
Bitcoin Layer 2 is a term that refers to the solutions that aim to improve the scalability, security, and usability of the Bitcoin network. Bitcoin Layer 2 solutions operate on top of the Bitcoin Layer 1, which is the core protocol that maintains the distributed ledger and the consensus mechanism. Bitcoin Layer 2 solutions leverage the security and decentralization of the Bitcoin Layer 1, while offering faster transactions, lower fees, and more functionality.
Some of the examples of Bitcoin Layer 2 solutions are:
- Lightning Network: A network of payment channels that allows instant and cheap peer-to-peer transactions.
- Sidechains: Independent blockchains that are pegged to the Bitcoin blockchain and allow the transfer of assets between them.
- Statechains: A protocol that enables the transfer of UTXOs (unspent transaction outputs) without broadcasting transactions to the Bitcoin blockchain.
- DLCs (Discreet Log Contracts): A type of smart contract that allows the execution of conditional payments based on external events.
- RGB: A protocol that enables the creation and management of digital assets on the Bitcoin network.
Why is Bitcoin Layer 2 Important?
Bitcoin Layer 2 is important for the future of Bitcoin and the blockchain industry, as it offers several benefits, such as:
- Scalability: Bitcoin Layer 2 solutions can handle a much higher volume of transactions than the Bitcoin Layer 1, which is limited by the block size and the block time. This can increase the adoption and utility of Bitcoin as a global payment system and a store of value.
- Security: Bitcoin Layer 2 solutions inherit the security and immutability of the Bitcoin Layer 1, which is secured by the largest and most distributed network of miners. This can prevent attacks, fraud, and censorship on the Bitcoin Layer 2 transactions and assets.
- Usability: Bitcoin Layer 2 solutions can provide more features and functionality than the Bitcoin Layer 1, such as smart contracts, digital assets, privacy, and interoperability. This can enhance the user experience and the innovation potential of the Bitcoin ecosystem.
What to Expect from the Bitcoin Layer 2 Conference?
The Bitcoin Layer 2 Conference – East & West 2024 is the first global event focused on the Bitcoin Layer 2 ecosystem, marking a significant chapter in the 2024 Web3 narrative. The conference aims to unite blockchain experts and industry leaders from around the globe, bridging Eastern and Western perspectives.
Some of the highlights of the conference are:
- Global First: The conference is the first of its kind to showcase the latest developments and trends in the Bitcoin Layer 2 ecosystem, featuring prominent speakers, panel discussions, and workshops.
- East-West Integration: The conference specially invites industry leaders from both Eastern and Western Bitcoin ecosystems, offering a unique platform for insightful exchanges and shared experiences.
- Resource Access and Networking: Attendees will access numerous resources and enjoy networking opportunities, including an after-party.
- Launch of the Bitcoin Layer 2 Technical Specification Library: At the conference, BTC Security Labs will introduce the Bitcoin Layer 2 Technical Specification Library, a collaborative project designed to enhance the security of the Bitcoin ecosystem. Key contributors like B² Network, BEVM, Merlin Chain, BounceBit, DLC.link, and Bison are instrumental in establishing this vital resource.
The conference is organized by BTC Security Lab and features BEVM as the title sponsor. The conference is hosted by leading entities including ScaleBit and Web3CN, along with HashKey Capital, BiHelix, Techub News, and HKSTP as co-hosts.
Some of the notable confirmed participants include Bitmain, BitcoinFrontierFund, EOS Network Foundation, RGB, Bison, BEVM, Bihelix, Merlin Chain, B² Network, Bool Network, Merlin Protocol, BounceBit, DLC.link, AINN, AINN L2, PATH Protocol, Bitlayer, Web3labs, Rooch Network, Map Protocol, Hashkey Capital, Waterdrip Capital, iPOLLO, Comma3 Ventures, Paramita.VC, and more.
The conference will be held at the Charles K.Kao Auditorium at the Hong Kong Science Park.
BTC Security Lab invites blockchain enthusiasts, experts, and anyone interested in the future of Bitcoin Layer 2 to join this historic event.
![gain Rise in Gold Rate in India After Falling Rs 21,200/24K; Will Gold Price Today Jump or Drop on 28 March? By Harshika Yadav Published: Saturday, March 28, 2026, 6:55 [IST] preference Add as a preferred source on Google Gold rates in India witnessed a modest recovery on March 27, 2026, after a sharp fall in the previous session, indicating a cautious stabilisation in the bullion market. The yellow metal had dropped by Rs 212 per gram (or Rs 21,200 per 100 grams) of 24 Karat (24K) earlier, but managed to regain some ground. Gold Price Updates as US-Iran Tensions Ease; Pakistan, Turkiye & Egypt Step Up Mediation Efforts The rise in yellow metal follows easing geopolitical concerns after US President Donald Trump signalled a delay in potential military action against Iran's energy infrastructure by 10 days, pushing the deadline to April 6. This development, along with ongoing diplomatic efforts, has helped support safe-haven demand. gold Rate Today Further adding to market sentiment, Pakistan's Foreign Minister Ishaq Dar confirmed that Islamabad is acting as an intermediary between the United States and Iran, relaying messages as part of efforts to de-escalate tensions. Countries like Türkiye and Egypt are also reportedly supporting the mediation process, offering some relief to global financial markets. Gold Rate in India: Check Latest 22K, 24K & 18K Gold Prices Per Gram 24 Karat Gold Rate Today in India In the 24 Karat segment, at the time of writing, the rate for 1 gram stood at Rs 14,471, rising by Rs 16 from Rs 14,455. For 8 grams, the price increased to Rs 1,15,768, up by Rs 128. The rate for 10 grams climbed to Rs 1,44,710, reflecting a gain of Rs 160, while 100 grams of 24 Karat gold were priced at Rs 14,47,100, marking an increase of Rs 1,600. 22 Karat Gold Rate Today in India The price of one gram of 22K stood at Rs 13,265, gaining Rs 15 from the previous session. For 8 grams, the rate rose to Rs 1,06,120, registering an increase of Rs 120. The cost of 10 grams advanced to Rs 1,32,650, up by Rs 150, while 100 grams were priced at Rs 13,26,500, reflecting a gain of Rs 1,500. 18 Karat Gold Rate Today in India The rate for one gram of 18K stood at Rs 10,853, up by Rs 12. For 8 grams, the price moved up to Rs 86,824, marking a gain of Rs 96. The rate for 10 grams climbed to Rs 1,08,530, increasing by Rs 120, while 100 grams were valued at Rs 10,85,300, reflecting an uptick of Rs 1,200. Latest MCX Gold Price In the domestic futures market, gold on the Multi Commodity Exchange (MCX) held firm above the Rs 1,44,500 level as per latest trading record, supported largely by the weakness in the Indian rupee, which continues to cushion local prices despite global volatility. Latest Spot Gold Rate The rebound in domestic gold rates comes alongside a recovery in international markets, where gold moved above the $4,400 per ounce mark. What Lies Ahead for Gold Prices? Check Gold Rate Prediction Jateen Trivedi, VP - Research Analyst (Commodity and Currency), LKP Securities, said, "Gold remained slightly positive, trading above $4,425 with highs near $4,475, supported by initial optimism around US-Iran talks. However, the sharp rise in crude continues to signal underlying market stress and inflation risks." From a technical perspective, he explained, "Technically, support is seen near Rs 1,42,000, while resistance is placed around Rs 1,46,500. Overall, gold is expected to remain volatile with limited upside unless clarity emerges on inflation and geopolitics."](https://keralanews247.com/wp-content/uploads/2026/03/rupee-and-dollar-scaled-350x250.png)
