Yes, sorry, L1 = Layer 1
Bitcoin has L2s (Layer 2s) that purport to fully replace Monero. But this is simply not true. Moving into L2 comes with it's own set of trade-offs.
For example - LiquidBTC, Fedimints, and Ecash all offer privacy on a layer above bitcoin (L2+), but you give up custody to gain that privacy. A critical pillar of bitcoin is self-custody. You can keep both with Monero.
Monero is not an L2 on Bitcoin. It's a completely different crypto from Bitcoin to be clear.
Interesting. When I made my assumption about the L meaning layers, I had to think of the TCP/IP stack - and how I2P and Tor are overlay networks - being another layer ontop of TCP/IP. Possibly not the best analogy in this particular case - but I see now what you mean.
So much like Bitcoin, I have to first fund a Monero specific wallet. But I suppose there are services or ways to go between the two? I usually watch TechLore/NewOil's Surveilance Report on Youtube - and they do run a bumper about donations via Monero.
So say I had "some amount" in my Bitcoin wallet - would there be a way to go straight from BTC to Monero to send the guys a donation, or am I overlooking something?
Also thank you for your patience! :)
Drop an XMR address and I'll send you (your first?) a bit of monero
