How Lightning Network, Taproot Growth Signal The Future Of Bitcoin
The first day of Keyfest 2022 highlighted the growth of the Lightning Network and Taproot, and reflected on the future of Bitcoin.The first day of Keyfest 2022, a virtual Bitcoin conference hosted by Casa, was focused on the future of Bitcoin — exciting applications currently being developed and others that are growing in user base — and the continued growth of the Bitcoin network as it relates to on-chain metrics and global socio-economic impact on the adopting world.In one panel for select attendees, titled the “Casa Annual Summit,” Nick Neuman, CEO of Casa, was joined by Casa’s CTO....
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This week’s newsletter covers using Lightning Network offers to address stuck payments, Taproot activation and more.
Taro, a new protocol proposed by Lightning Labs, leverages Taproot and the Lightning Network to bring new assets and scalability to Bitcoin.
A little more than two months ago, Taproot went live. What does the biggest update to the Bitcoin network in years bring to the table? How can it help the increasingly popular Lightning Network? That’s exactly what the article we’re about to summarize is about. It starts by informing us that “Bitcoin even has a scripting language,” and that it’s called Script. Related Reading | Number Of Bitcoin Lightning Network Nodes Jumps 23% In Three Months But before we get into that, what is Taproot? “Taproot is a combination of three Bitcoin Improvement Proposals (BIPs) that enhance this....
The latest software release, named lnd 0.15 beta (v0.15-beta), aims to empower developers to create solutions for more use cases by leveraging the Bitcoin network’s capabilities. Lightning Labs, a developer of the Bitcoin (BTC) Lightning Network (LN), released a beta version of the Lightning Network Daemon (lnd) — a complete implementation of the LN node — with added support to the latest protocol upgrades including Taproot and Musig2 among other improvements.lnd is a software component that handles various aspects within the LN including managing a database, generating payment invoices....
This week’s newsletter encourages miners to begin signaling for Taproot, discusses closing lost Lightning Network channels and more.