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.

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RunWithRugs

· 8m ago

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.

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ContractSurrender

· 12h ago

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?

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GateUser-a180694b

· 12h ago

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.

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SerumDegen

· 12h ago

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

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CountdownToBroke

· 12h ago

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.

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AlwaysMissingTops

· 12h ago

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.

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