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Feb 4 β€’ 18 tweets β€’ 24 min read
1/ #LAYER2ROUNDUP: In Jan, both protocols had a slew of big announcements:

πŸŒ‹ #BitcoinBond update
πŸ₯• #Taproot on @Liquid_BTC
πŸ› New #LiquidFederation members
πŸ‡¦πŸ‡· @ln_strike launches in Argentina
⚑️ Anniversary of the #LightningNetwork whitepaper

Let's review and moreπŸ‘‡πŸ§
2/ Network capacity for both the @Liquid_BTC and #LightningNetwork continued to expand, LQ (3,528) / LN (3,399), reaching new highs for a combined capacity of 6,927 #Bitcoin.

Year-over-year, network capacity has grown LQ 25% / LN 290%, respectively. 🌊⚑️
3/ On the eve of the #LightningNetwork whitepaper's sixth anniversary, @jackmallers announced the Lightning-powered app @ln_strike was to begin rolling out in Argentina, one of many Latin American nations battling inflation and economic uncertainty.

btctimes.com/news/bitcoin-l…
4/ Shortly after @ln_strike launched in El Salvador last year, #bitcoin became legal tender there.

Through 2021, El Salvador continued to build foundational financial infrastructure with its #BitcoinBond proposal.

blog.blockstream.com/el-salvador-to…
5/ Since then, Blockstream and @Bitfinex have worked closely with @nayibbukele and his team in fine-tuning the EBB1 #BitcoinBond and new Securities Law.

The #EBB1 is likely to be available Q1 2022. Read the latest from #Blockstream CSO @Excellion πŸŒ‹πŸ‘‡

6/ As nation state adoption πŸ“ˆ and digital asset law is made clearer, layer-2 will encourage #hyperbitcoinization through not only financial instruments like the #BitcoinBond but mobile payment infra like @CashApp, which integrated #Lightning last month.

btctimes.com/news/cash-app-…
7/ For a deep dive into the macroeconomic forces affecting #Bitcoin today and a discussion on bitcoin-backed financial instruments, watch @BlockstreamTalk 7 with market analyst @TuurDemeester.

πŸ’»
πŸ—£οΈ t.me/blockstream_fi…
8/ Also in January, #Taproot πŸ₯• became active on @Liquid_BTC as of block 1,663,200, adding new opcodes that open the door for covenants, AMMs, and other exciting use cases on #Bitcoin's leading sidechain.

9/ Cryptographer and engineer @n1ckler joined @KnutsonJesse on @BlockstreamTalk 8 to discuss #Taproot, signature aggregation, and other innovations on #Bitcoin.

πŸ’»
πŸ—£οΈ t.me/liquid_communi…
10/ Innovations, such as #Greenlight, a hosted node service that is non-custodial, are also in the pipeline for the #LightningNetwork. @Snyke explains more in a clip from a recent Twitter Spaces with @Bitwage:

πŸ—£οΈ t.me/lightningd + discord.gg/mE9s4rc5un
11/ Lightning implementation #clightning, in particular, is focused on experimental features that the community may later finalize into official specs. @rusty_twit gives an overview on the @compass_mining podcast.

full interview:
12/ To follow the innovations and discussions happening on the #LightningNetwork, subscribe to the bi-weekly Simple Lightning Newsletter from @kiarabickers and @Seardsalmon.

Their goal is to make Lightning development more simple and easy to follow.

simplelightning.com/posts.html
13/ Another valuable resource for all-things ⚑️ is the This Week in Lightning podcast with @beeforbacon1 from Voltage and #Blockstreamer @niftynei.

Every Sunday they discuss the latest #LightningNetwork news and events. Like and subscribe πŸ‘‡

14/ The #LiquidFederation added six new members in January, further decentralizing governance and bringing total membership to 63:

@bitmatrix_
@DigtlMarkets
@gmo_coin
@mempool
@SpecterWallet
@ZapriteApp

blog.liquid.net/liquid-federat…
15/ January was eventful for the #BlockstreamMiningNote:

⛏️ Each #BMN has now mined >2.85 BTC w/ more than 50% of initial investment recovered

↔️ @side_swap added the BMN, allowing investors to trustlessly trade in denominations as low as 0.01 BMN

sideswap.io/swap-market/?p…
16/ Tranche 8 of the #BlockstreamMiningNote also went live on @BFXSecurities, with more than €2.4M raised so far.

See tranche details at capital.bitfinex.com/bmn

For further discussion and modeling join t.me/blockstream_fi…

17/ .@Raretoshi, a digital & physical art marketplace built on @Liquid_BTC, announced its first major update:

🎁 Gift #NFTs
🀝 Multiple royalty recipients
πŸ–ΌοΈ Social preview links
πŸ“ˆ Performance & bug fixes

Read more on the update and #bitcoinart here πŸ“­ blog.raretoshi.com/raretoshi-roun…

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More from @Blockstream

Jan 13
1/ Blockstream 2021: #TowardsHyperbitcoinization

2021 was a breakthrough year for #Blockstream and the #Bitcoin ecosystem. In the spirit of the new year, we wanted to reflect on some of our ambitious projects.

ThreadπŸ‘‡
blog.blockstream.com/blockstream-20…
2/ January: We first announced the #BlockstreamJade hardware wallet (now fully compatible with @SpecterWallet and @BitcoinCoreorg nodes). πŸ’ŽπŸŒŠ

3/ February: #BlockstreamSatellite began broadcasting the Bitcoin Core source code worldwide. πŸ“‘πŸ›°οΈπŸ–₯️

Read 16 tweets
Dec 3, 2021
1/ #LAYER2ROUNDUP: Last month, Lightning implementations #clightning and #LND rolled out major updates, and @Liquid_BTC took centerstage at @AdoptingBTC for the #BitcoinBond announcement.

Combined #L2 capacity also reached a new high of 6,661 BTC (~$377M).
2/ We begin at the @TABConf in Atlanta with a #LightningNetwork panel - @alexbosworth, @gkrizek, @niftynei, and @TheBlueMatt - who discussed off-chain scaling, privacy on Lightning, and liquidity ads.

3/ #Liquidityads are a spec proposal that allows Lightning nodes to source inbound capital via the gossip protocol.
Read 18 tweets
Jun 5, 2021
We're excited to support El Salvador on its journey towards adoption of the #Bitcoin standard. As the leading Bitcoin infrastructure provider, we commit to supporting public and private stakeholders in El Salvador in the following ways. 1/
* Providing #Bitcoin and @Liquid_BTC satellite infrastructure to ensure redundancy of those networks.
* Supporting the development of the Bitcoin mining industry in El Salvador using our expertise in enterprise mining operations and energy management. 2/
* Supporting the modernization of financial market infrastructure with security tokens issued on #BlockstreamAMP and trust minimized trading systems. 3/
Read 6 tweets
Jun 5, 2021
Together with @Square, we're building an open-source fully solar-powered #Bitcoin mining facility at one of our US #BlockstreamMining locations to demonstrate how #BTC mining and renewables can drive the clean energy transition. β˜€οΈβ›οΈ blockstream.com/2021/06/05/en-…
.@Square intends to invest $5M in the facility, with @Blockstream providing infrastructure and expertise to build and manage the project. The facility will be a proof-of-concept for a 100% renewable energy #Bitcoin mine at scale.
While we know that many mining operations throughout the world, including ours, already rely on renewables (as it is the most cost-effective power available), we hope that the open & transparent nature of this project will become a model that other businesses can learn from.
Read 4 tweets

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