GOAT Network actually pulled this off.🔥👇 Before talking about yield, UX, or speed, we have to be honest about one thing: for anything to be called a #BitcoinL2, the security model comes first. On Bitcoin, security isn’t a marketing term it’s the foundation. In a real Bitcoin L2, #Bitcoin isn’t just the asset being locked. It has to be the final court of arbitration. State must ultimately settle on Bitcoin, and when something goes wrong, disputes need to be initiated on Bitcoin and resolved by Bitcoin miners not by MPCs, federations, or off-chain committees. Exits are just as non-negotiable. If everything breaks, a user should be able to run their own node and force an exit to get their #BTC back, without asking anyone for permission or relying on operator cooperation. The moment exits depend on a sequencer, a multisig, or a “normally working” network, you’ve reintroduced conditional custody. Bridges are where most so-called Bitcoin L2s quietly fail. If BTC movement between L1 and L2 depends on third-party signatures, then Bitcoin is no longer the root of trust the bridge is. A real Bitcoin L2 bridge has to be mechanically enforced by Bitcoin scripts, where the worst-case assumption is only Bitcoin’s liveness. Sequencing is the part that’s often ignored, but it matters just as much. If ordering and liveness depend on a single operator, you end up with soft governance: censorship risk, MEV extraction, and subtle control over the system. Credible neutrality breaks at the ordering layer long before settlement. That’s why a permissionless, transparent, and slashable sequencer network isn’t an optimization it’s a requirement. Without protocol-level penalties, sequencers inevitably become governors. This is where @GOATRollup 's design stands out. #BitVM2 anchors disputes and exits directly back to Bitcoin, putting enforcement where it belongs. At the same time, a live decentralized sequencer network handles ordering and liveness without relying on a single party. There are still real questions to answer: the cost and latency of BitVM2 challenge paths, how exits behave under adversarial conditions, and whether sequencer incentives hold up under sustained MEV pressure. But those are engineering challenges, not trust shortcuts. At the end of the day, if Bitcoin can’t adjudicate disputes, enforce exits, and punish misbehavior, then what you have isn’t an L2 it’s a BTC-denominated sidechain. #GOATNetwork is at least operating from the correct threat model, which already puts it ahead of most of the space. The BitVM2 testnet will be the real test that’s where theory meets reality. 👏