February 29: Marathon Digital HoldingsThe publicly traded Bitcoin mining company revealed that it has incubated Anduro, a new programmable, multi-chain layer 2 network on top of the Bitcoin blockchain. It is “a platform built on the Bitcoin network that allows for the creation of multiple sidechains,” according to a press release. “Marathon is already developing the first two sidechains on Anduro, Cooperative and Alys, which can be further developed by open source contributors. These series demonstrate the flexibility of Anduro's programming. Co Corinate offers a cost-effective UTXO stack for the Ordinals community, while Alys is Ethereum-compatible chain for tokenizing institutional assets.Andoro sidechains use a process called embedded mining.Participating miners, such as Marathon, may be able to earn Bitcoin-denominated revenue from transactions that occur on Andoro sidechains while continuing to mine Bitcoin on the base-layer without interruption. “
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