Furthermore, BTC2’s scalable architecture and decentral- ized governance model address the challenges of scalability and decision-making processes. Layer-2 solutions and off- chain transaction processing, such as the Lightning Network, allow a high volume of transactions while minimizing the load on the main blockchain. Token holders’ participation in governance and voting mechanisms based on token balance ensure a fair and decentralized decision-making process. The research findings provide a strong foundation for fur- ther exploration and development of BTC2 and contribute to the broader adoption and evolution of decentralized financial systems. Future research can focus on optimizing the privacy mechanisms, exploring novel consensus algorithms, and ex- panding the use cases of BTC2 in real-world applications. ACKNOWLEDGMENTS