Jamie Crawley is a CoinDesk news reporter based in London.
Bitcoin layer-2 infrastructure developer Lightning Labs has released its Taproot Assets protocol on the main network, enabling the issuance of stablecoins and other assets on Bitcoin and Lightning.
Taproot Assets will give developers"the tools needed to make Bitcoin a multi-asset network, but in a scalable manner that upholds Bitcoin's core values," Ryan Gentry, director of development at Lightning Labs,Lightning Labs' aim is to see foreign exchange transactions settled over the Lightning network. The firm claims that the ability to add stablecoins to their applications is one of the major requests they get from developers.
The challenge for Taproot Assets will lie in meeting this demand, while avoiding congestion on the Bitcoin network of the like The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ringbrothers plans three new builds for the 2023 SEMA showRingbrothers has teased new builds based on the Charger, Mustang, and even a Rolls-Royce.
Read more »
Abbott Labs shares rise as company beats earnings estimates, raises full-year guidanceEleanor Laise is a healthcare reporter for MarketWatch and is based in Washington.
Read more »
BAYC creator Yuga Labs completes restructuring to focus on metaverseYuga Labs CEO Daniel Alegre took to X to report that the company has finalized its restructuring that was announced in early October.
Read more »
Yuga Labs to focus on building Otherside following restructuring: CEOYuga Labs CEO Daniel Alegre said that the compay's restructuring is complete, and a big focus moving forward will be on Otherside.
Read more »
Microsoft veteran joins Matter Labs to unlock 'holy grail' of web3 with zkSyncFormer Microsoft Web3 Global Lead Vassilis Tziokas joined zkSync developer Matter Labs as its enterprise lead.
Read more »
Uniswap Labs to Charge 0.15% Fee on Crypto Swaps Involving ETH, USDC, Other TokensDanny is CoinDesk's Managing Editor for Data & Tokens. He owns BTC, ETH and SOL.
Read more »