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.
4/ Liquid members and contributors met in Miami during #Bitcoin2022 to discuss topics, including DEXs, a new HSM upgrade, opcodes extensions, and much more.
See a summary of what was shared below, and expect a full write-up from @Liquid_BTC soon!
5/ Watch @tierotiero from @vulpemventures present at the meet-up and discuss @Liquid_BTC as a testbed for #Bitcoin, covenants, LIPs (Liquid Improvement Proposals), SDKs, new opcodes, and other 🌊 topics.
6/ If you're still unsure what the @Liquid_BTC sidechain is, why you should use it, and how it's reforming traditional capital markets, start with these two short explainers from @Arnab_Naskarr & @MWietersheim:
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7/ At @TheBitcoinConf, many panel discussions covered #Bitcoin layer-2 protocols. A few of our favorites:
10/ In other L2 news, @Strike CEO Jack Mallers announced partnerships with 3 of the 🌎 largest payment providers: @Shopify, @NCRCorporation, and @Blackhawk, allowing you to walk into stores (see image) and pay w #bitcoin on your own node. 🤯
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11/ Choosing which software and hardware to use for a home-based #LightningNetwork node can be overwhelming. Should you use an old Thinkpad? Raspberry Pi? A rackmount server? Ubuntu? FreeBSD? Windows?
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.