"an unbounded number of assets can be minted and/or moved in a single on-chain transaction. This off-chain first design enables asset minters and transactors to enjoy the permissionless nature of the bitcoin blockchain and scale their businesses without running into bitcoin’s scaling constraints. Users will soon be able to integrate their assets into the Lightning Network for instant, high volume, low-fee transactions. This leverages existing network effects and the install base of wallets, exchanges, and merchants, instead of needing to bootstrap a new ecosystem from scratch." — Ryan Gentry
With the issuance of assets on the Bitcoin network seeing a sudden surge, Taproot Assets drops there initial release at a very opportune time. Taproot Assets is a game-changing solution for scalable and efficient asset issuance and transfer on top of the bitcoin ecosystem. Seamlessly integrate with the Lightning Network for instant, low-fee transactions and enjoy developer-friendly tools designed for global accessibility. Don't miss this excellent episode.
Check out the original article plus the other great things built by Lightning Labs at the link below:
Mint the Future with Taproot Assets v0.2 - https://lightning.engineering/posts/2023-05-16-taproot-assets-v0.2/
Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
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"One must acknowledge with cryptography no amount of violence will ever solve a math problem." — Jacob Appelbaum
--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/messageChat_099 - Failure, Hope and the Purpose of Bitcoin with Bitcoin Mechanic
Read_820 - The Bitcoin Stack
Read_819 - Bitcoin Drain in the USA
Guy's Take_085 - They Are Coming
Read_818 - Reviewing Reviews
Read_817 - The Bitcoin Renaissance: How Lightning Will Connect Everything
Chat_098 - Replacing Gold with Tuur Demeester
Read_816 - Why I'm Still Not Buying Bitcoin
Read_815 - What are Mises’s Six Lessons
Guy's Take_084 - Fiat Finance
Read_814 - Dogma Kills Brain Cells
Read_813 - Mises's Regression Theorem, Bitcoin, and Subjective Value
Chat_097 - Lightning Offline with Super Testnet
Guy's Take_083 - It's Going Up Forever, Laura
Chat_096 - Surviving the Shift to a Bitcoin World with Jack Spirko
Read_812 - Congress is Criminalizing Privacy
Read_811 - Speaking Freely
Chat_095 - The Fall of the Fiat Empires with Preston Pysh
Guy's Take_082 - Fiat Replacement Theory
Read_810 - Censorship in America
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