Lightning Labs Solves BRC-20 Congestion With New Solution
Technologie Lightning Labs résout la congestion du BRC-20 avec une nouvelle solution Il y a 3 minutes Nouvelles Bitcoin Ethereum After the introduction of an upgraded version of Lightning Labs newly renamed Taproot Assets Protocol, Bitcoin users now have a potentially more efficient means to mint new assets on the blockchain. Tari Labs, a blockchain software development startup, filed a contested trademark infringement lawsuit in December. The complaint resulted in an injunction that barred the project from moving forward. Nevertheless, with the renaming, Lightning Labs has restarted development on the core software for implementing the Taproot Assets protocol, which will enable users to create assets such as stablecoins on the Bitcoin network. Lighting Network infrastructure provider Lighting Labs attacked the existing techniques for inscribing assets on the Bitcoin blockchain in a May 16 blog post, calling them inefficient and pointing to burdensome protocols that record asset information directly into block space. The Taproot Assets Protocol is intended to function entirely off-chain in order to avoid the network congestion that has been an undesirable feature of the Bitcoin network with the March 8 introduction of the BRC-20 token standard by anonymous developer “Domo.” Taproot Assets is presently accessible on a test network, with main network support expected soon. Domo previously said