2/ #Bitcoin capacity for both the @Liquid_BTC and #LightningNetwork continues to steadily rise with year-over-year growth LQ ~25% / LN ~200%, respectively. 🌊⚡️
3/ With an estimated limit of 500 TPS per channel, the #LightningNetwork has a throughput of more than 40 million TPS based on the number of channels today (the equivalent of 14.4 TB size blocks), enabling it to become the global payment layer of the #Bitcoin circular economy.
4/ Learn more about the two leading #bitcoinlayer2 solutions and how they are replacing the legacy banking system by building the payment and financial layers of #Bitcoin.
5/ Earlier in the month, @jb55 announced #LNLink for iOS, an open-source app in development that allows node operators to control their #clightning nodes all in one place and with no extra software.
8/ Also this month, developer @Sonny_AD shared 'Essential Introduction to Bitcoin for Developers,' where he explains Script, the Bitcoin CLI tool, BIPs, and much more.
Worth sharing with a dev friend who is #Bitcoin (and layer-2) curious.
9/ In other layer-2 news, @vulpemventures published a new paper on synthetic assets, which would allow for assets like stocks, commodities, or even a combination thereof, to be tokenized and traded on @Liquid_BTC.
11/ To conclude last month, the #BlockstreamMiningNote, a @Liquid_BTC security token, had a successful raise and is now available for trading on @BitfinexSecurities in BTC and USD pairs.
12/ For future threads on Lightning ⚡️and Liquid 🌊 and to stay up-to-date on all the latest projects augmenting Bitcoin, be sure to follow the #Layer2Roundup hashtag!
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1/ #LAYER2ROUNDUP: c-lightning undergoes a name refresh and is now #CoreLightning, #Bitcoin capacity on Lightning ⚡️ eclipses Liquid 🌊 for the first time, Liquid uses DynaFed, & @TheBitcoinConf hosts many layer-2 panels; lets recap👇🧐
2/ In an April Fools fake-out, the community-driven ⚡️ implementation c-lightning underwent a name refresh to officially become #CoreLightning.
3/ In late March, the #LiquidNetwork activated, for the first time, a new Peg-out Authorization Key (PAK) list using #DynaFed, which introduces improvements at the functionary level to improve decentralization, security, and network flexibility.
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.
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.
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.
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/
.@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.