How to Evaluate Bitcoin L2s Without Trusting the Marketing: A Redemption-Guarantee Matrix for Pegs, Withdrawals, and Finality

How to Evaluate Bitcoin L2s Without Trusting the Marketing: A Redemption-Guarantee Matrix for Pegs, Withdrawals, and Finality

Bitcoin L2 risk is not just about speed or yield. It is about whether your BTC can actually be redeemed, by whom, under what delay, and what breaks under stress.