2025-12-05 15:36:09

The core developers of the Engrave project are about to participate in a Twitter Spaces discussion hosted by a popular AI payment project. This conversation could become a turning point for the BtcFi sector.

Notably, Engrave claims to be the first project to apply x402 technology to Bitcoin financial scenarios. The x402 protocol features unique designs in Layer2 scalability and cross-chain interoperability—if the technology can keep pace with the narrative, this positioning does indeed provide a first-mover advantage.

BtcFi is still in the early exploratory stage, and there are few truly viable applications. There has always been demand in the market for DeFi solutions within the Bitcoin ecosystem, but most projects remain at the conceptual level. If this Spaces session can clearly explain the technical architecture and real-world use cases, it should attract considerable attention.

However, any new project needs time to prove itself. Technical innovation is one thing; whether it can build a sustainable ecosystem and user base is another matter entirely.

BTC-0.93%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

20 Likes

Reward
20
8
Repost
Share

Comment

0/400

HashRatePhilosopher

· 11h ago

Just afraid it's another get-rich-quick scheme on paper—x402 sounds impressive, but what about actual implementation? --- There are only a handful of truly usable bitcoinfi projects. If this Spaces session is just more hype about how amazing the tech is, I'm muting it. --- At least the Engrave team dares to come and talk—definitely more honest than those who just hype on Discord. --- Every project talks about Layer2 interoperability, but the key is to see how much the TPS and gas fees actually improve. --- Turning point? Let's wait until there's real trading volume—right now it's all just speculation. --- Feels like the btcfi track is just waiting for a truly usable solution to emerge. Will Engrave be the one? That's a question mark. --- No matter how innovative the tech is, it’s useless if the ecosystem can’t grow. Let’s see if they can actually attract developers.

View OriginalReply0

StablecoinEnjoyer

· 12-06 21:04

Another "first" and another "turning point"—I've heard this pitch too many times, haha. But x402 actually landing in a BTC scenario is kind of interesting. Let's see what the Spaces discussion says before making any judgments. The real test is whether the ecosystem can actually gain traction—just hope it's not another PPT project. Wait, which AI payment project is this? How come I've never heard of it? Innovation on paper is easy; building a user base is the hard part, man. BTCfi definitely lacks some things, but that doesn't mean anyone can just fill the gap. I've heard the whole Layer2 pitch many times—the key is whether it can actually work in practice. Feels kind of similar to a few previous projects... Honestly, no matter how new the tech is, people still need to use it. Without a user base, it's pointless. I want to wait for an update, but don't get your hopes too high for these "first" claims.

View OriginalReply0

RunWithRugs

· 12-06 04:35

x402 sounds like another "revolutionary" technology, but BtcFi really feels a bit like it's been abandoned... Let's wait until they actually talk about it in Spaces before making any judgments. There have been plenty of projects that looked impressive on paper. First-mover advantage, ecosystem building—I've heard these lines so many times before.

View OriginalReply0

ContractSurrender

· 12-05 16:05

x402 sounds pretty impressive, but to be honest, I always prefer to wait and see with these new protocols. A technical narrative only counts if it can be implemented. Right now, BtcFi is just a bunch of slides waiting to be debunked. If this Engrave Spaces turns out to be all hype again, I’ll just block them. It’s best if there are real use cases; if not, it’s just another story of fleecing newbies. The whole Layer2 narrative is so overused. Just changing the name and pitching it again, right?

View OriginalReply0

GateUser-a180694b

· 12-05 16:04

It's x402 technology and Layer2 again... To be honest, I'm tired of hearing this narrative. What really matters is actual implementation, not just empty talk. --- Is Spaces trying to hype things up again? The BtcFi sector really lacks something truly usable. If Engrave can really explain things clearly, I'm all ears. --- First-mover advantage? Heh, those two words don't mean much in crypto. What matters is who can survive in the end. --- Turning point again, first-mover again... I've heard it all before. Just show me some real data instead. --- Honestly, I just want to know when this project will launch on mainnet. All this talk doesn't mean much.

View OriginalReply0

SerumDegen

· 12-05 15:56

ngl, x402 sounds like another "revolutionary" tech that'll either moon or get rekt in weeks lol. btcfi graveyard's already full enough 💀

Reply0

CountdownToBroke

· 12-05 15:54

Another x402? Just hearing the concept makes it sound like a PPT project. Let's wait and see if it can actually be implemented. There's definitely something missing in Bitcoin finance, but no matter how impressive the Spaces presentations are, it doesn't matter—the key is still mainnet data. Boasting about first-mover advantage at such an early stage, I'm all too familiar with this routine... Can the Layer2 system really run on Bitcoin? I have my doubts. There are concepts everywhere, but there are very few projects that can actually survive for more than a year, so I don't have high expectations. We'll know whether it's real or not when the official token launches.

View OriginalReply0

AlwaysMissingTops

· 12-05 15:51

First-mover advantage sounds nice, but at the end of the day, it still depends on whether it can actually gain traction. This x402 protocol sounds impressive, but I just want to see the code and the data speak for themselves. Layer2, cross-chain—I've heard these buzzwords too many times over the past few years. Most of them just end up being vaporware. Those BtcFi projects are basically just copying Ethereum's playbook onto Bitcoin. So what makes Engrave any different this time? I'll wait and see how they hype it up in Spaces. I'm just waiting for real-world implementation. It's a bit early to call this a turning point for the track—there aren't even any users yet and people are already talking about revolutionizing things. But if the tech is really solid, then it's definitely an opportunity. It all comes down to whether the team is reliable. "First," "strongest"… I'm numb to these claims. Where are all those "firsts" from before now? Ecosystem is the real metric. If you only have a protocol without users, it's as good as having nothing.

View OriginalReply0

Trending TopicsView More
#FedRateCutPrediction
14.6K Popularity
#SUIETFLaunched
4.97K Popularity
#BitcoinActivityPicksUp
3.29K Popularity
#PostonSquaretoEarn$50
36.56K Popularity
#DecemberMarketOutlook
92.84K Popularity

Hot Gate FunView More

1
GFS高富帅
MC:$3.62KHolders:2
0.04%
2
GaiXGaiX
MC:$3.57KHolders:1
0.00%
3
一马当先一马当先
MC:$3.57KHolders:1
0.00%
4
DOYRDOYR
MC:$3.57KHolders:1
0.00%
5
11
MC:$3.57KHolders:1
0.00%

Sitemap