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Stanford professor leads new funding round worth $15 million to develop a decentralized Bitcoin Layer 2 solution. The initiative marks a significant milestone as top-tier academic institutions begin building infrastructure directly on the Bitcoin network. This latest development reflects growing institutional confidence in Bitcoin-based scalability solutions. The research effort aims to bring advanced decentralized technologies from academic research into practical blockchain applications, positioning Bitcoin's ecosystem for enhanced layer 2 adoption and throughput improvements. The involvement of Stanford's academic caliber signals mainstream institutional interest in Bitcoin development beyond traditional cryptocurrency circles.