The company says the new index dubbed Lightning Network Rate (Liner) could be like Bitcoin’s version of the London Interbank Offered Rate (Libor), a global reference rate for loans. Liner complements Magma, the Lightning liquidity marketplace launched by Amboss last year.
The project formerly known as "Taro" has been rebranded "Taproot Assets" after Lightning Labs was hit with a trademark infringement lawsuit. The new offering, now on a testnet, comes with a "core set of features to bitcoinize the dollar," according to the firm.
Blockchain software development firm Tari Labs sued Bitcoin infrastructure firm Lightning Labs in December for trademark infringement over the use of the name “Taro.” CoinDesk's Editor at Large, Christie Harkin, discusses the latest developments.
Lightning Labs Director of Business Development Ryan Gentry, Blockstream's Lightning Protocol Engineer Lisa Neigut and Miles Suter, Crypto Product Lead at Cash APP join Consensus 2022 to introduce the Lightning project. Moderator: George Kaloudis, Research Analyst, CoinDesk
Lightning Labs Co-founder and CTO Olaoluwa Osuntokun, also known on social media as “roasbeef,” shares insights into the Lightning Network’s latest Taproot-powered “Taro” protocol aiming to bring stablecoins to Bitcoin. Plus, a wider conversation on Lightning Network’s use cases and adoption.
Bitcoin’s Lightning Network has reached a new milestone, exceeding 2,000 BTC. Referred to as a “second layer” system, it is designed to reduce the time and fees to send bitcoin during periods of high network traffic.
Lightning Labs co-founder and CTO Olaoluwa Osuntokun, also known on social media as “Roasbeef,” discusses the future of bitcoin and the Lightning Network, which some hail as the most important project for the most crucial asset in the digital asset space. Plus, his take on DeFi on the Bitcoin blockchain.