Catch the whole @bitcoinmagazine video with @adam3us and @pete_rizzo_ on youtube here. ⬇️
13/ That's it for this month's roundup.
If you are a dev working on or a person representing a Bitcoin-only layer-2 solution and would like to have it featured in the #LAYER2ROUNDUP thread going forward, please dm @prochronist.
If applicable, we'll be happy to include!
12/ Finally, Morgan Stanley acknowledged #Bitcoin's evolution as a medium of exchange.
Under @Strike's new integration with @Blackhawk, @NCRCorporation, & @Shopify, BTC payments are added to B&M stores, which make up 85% of all U.S. transactions. 💊🇺🇸
https://www.nasdaq.com/articles/morgan-stanley-says-bitcoin-is-close-to-being-a-currency%3A-report
11/ Elsewhere, @krakenfx not only followed through with its promise to integrate Lightning but recently added a minor update: no withdrawal fees.
The plebs win again. 🙏
---
RT @pierre_rochard
To accelerate financial inclusion, Kraken has lowered the withdrawal fee for #bitcoin over Lightning to zero.
Thank you for your feedback!
https://twitter.com/pierre_rochard/status/1519788223718903808
10/ In other LN news, @lightning updated its liquidity management tool, Loop, for improved UX:
⚡️ More detailed fee breakdown
⚡️ Tracking is now on a node/peer/channel basis
⚡️ Read-only Terminal sessions
⚡️ Send/receive on Terminal homepage
---
RT @MichaelLevin
1/14: Since launch, Lightning Terminal has steadily improved to better meet the needs of Lightning ⚡️ node operators. Today, I’m especially excited to share our new liquid…
https://twitter.com/MichaelLevin/status/1519327256102858754
9/ Another new protocol, @PeerswapLN, allows for P2P rebalancing on Lightning and is available now in open beta. Benchmarks:
⚡️ fully decentralized
⚡️ compatible w/ existing LN nodes
⚡️ single hop reliability
⚡️ reduces cost of capital
Learn more: [https://www.peerswap.dev/]
8/ Discover more experimental L2 technologies at the @bitcoin2022 conference, with our summary of events, including new signature schemes, #BOLT12, and new protocols like @minimint_btc that bring additional security and privacy capabilities to #Bitcoin.
https://blog.blockstream.com/inside-blockstream-at-bitcoin-2022/
7/ Additionally, @Liquid_BTC has always been a sort of testbed for #Bitcoin. Just last month, LQ members met to prioritize new action items like extending opcodes and building out APIs.
Covenants? See for yourself on LQ. Read more 👇
6/ For example, it's generally accepted that @Liquid_BTC is more suitable for larger, more complex txs with its deterministic block times, confidentiality, & advanced scripting, whereas the #LightingNetwork is best for fast micropayments and scaling txs.
@Snyke on Lightning:
5/ In addition to varying Lightning⚡️implementations, you also have different L2s with their own unique set of trade-offs.
@JAN3com CEO @excellion explains Liquid💧here:
4/ Core Lightning is one of several ⚡️ implementations. For an overview of CLN @Core_LN, LND @lightning, & LDK @spiral and each team's unique approach to the #LightningNetwork and scaling #Bitcoin, read @brian_trollz's recent write-up:
https://bitcoinmagazine.com/technical/bitcoin-lightning-network-expanding-function
3/ #CoreLightning released v0.11.0 (now v0.11.1) with the help of a record 36 developers from the Lightning community. The update introduces:
⚡️ Channel multiplexing
⚡️ New Rust-based gRPC API plugin
⚡️ The latest version of onion messaging
2/ First order of business, the state of network capacity on layer-2: Lightning ⚡️ reached an all-time high despite a downturn in #Bitcoin price, and the amount of BTC pegged in Liquid 💧 remained firm.
1/ #LAYER2ROUNDUP: @Core_LN ⚡️ releases v0.11.0, @lightning ⚡️ updates Loop, @Liquid_BTC 💧 members discuss new opcodes & dev libraries, and Morgan Stanley gets orange-pilled 💊 (it was inevitable).
More details and L2 news 👇🧐
The three most important things you need to do when setting up a new #BlockstreamGreen mobile #Bitcoin wallet:
✏️ Carefully record your recovery phrase
🗄 Store your recovery phrase in a safe place
📱 Set up 2-factor authentication
RT @BlockstreamTalk
Insanely high yield? 🚩
@adam3us breaks down tactics altcoins use to attract n00bs. #ponzinomics
Blockstream is the global leader in #Bitcoin and blockchain technology. We make financial markets more efficient by reducing reliance on trust. #DontTrustVerify