Crypto Miner Marathon Digital Unveils Anduro, a Bitcoin Layer-2 Network

Marathon Digital, a cryptocurrency mining giant, has introduced a new layer-2 network for Bitcoin called Anduro, aiming to enhance scalability and innovation within the Bitcoin ecosystem. Anduro employs merge-mining, enabling miners to earn additional revenue from sidechain transactions while continuing their Bitcoin mining activities.

An application-layer sidechain platform facilitating Bitcoin development and adoption

Designed to accelerate Bitcoin development and adoption, Anduro serves as an application layer fostering innovation by facilitating the creation of multiple sidechains.

Marathon Digital emphasizes community-driven development for Anduro, aiming to encourage decentralized governance within the network.

Marathon Digital advances the Coordinate and Alys on the Anduro network

Marathon Digital is actively developing the initial sidechains for Anduro, including Coordinate and Alys. Coordinate offers a cost-effective UTXO stack for the Ordinals community, while Alys serves as an Ethereum-compatible sidechain for institutional asset tokenization.

Innovative Merge-Mining System

Anduro's novel merge-mining system allows miners to participate in sidechain transactions while continuing to mine Bitcoin, potentially increasing revenue streams.

Fred Thiel is optimistic about Anduro's positive impact on the Bitcoin ecosystem

Fred Thiel, Chairman and CEO of Marathon Digital, highlights the company's dedication to fostering innovation within the Bitcoin ecosystem. He views Anduro as a valuable addition that benefits Bitcoin holders, application developers, and reinforces Bitcoin's long-term sustainability.

Earlier this month, Marathon Digital introduced "Slipstream," a direct Bitcoin transaction submission service, further expanding its innovative offerings.

Growing Interest in Bitcoin Layer-2 Solutions

Interest in Bitcoin layer-2 solutions is on the rise, particularly following the success of projects like Ordinals and BRC-20 in 2023. Tokens related to Bitcoin scaling and smart contract functionality have experienced significant growth in recent weeks alongside Bitcoin's surge to new multi-year highs.