DeFi· ★★★· bullish·

Lightning Labs unveils LayerTree: one Bitcoin UTXO shared by up to 1M users

  • —A single UTXO is designed to be shared by up to 1 million users
  • —Withdrawals in one transaction without operator approval
  • —Non-custodial design connected to the Lightning Network
  • —Funds do not expire on timeout and no online status is required
Why it matters: The design could cut on-chain footprint and lower scaling costs for Bitcoin if developers adopt it.
#BTC
Source: TokenPost
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