DeFi· ★★★· neutral·

Lightspark unveils Spark, a Bitcoin statechain that splits BTC into leaves

  • —Spark is a Bitcoin-based network from Lightspark for instant payments
  • —Assets are split into "leaves" and security relies on a group of operators
  • —The model trades trust in operators for speed and lower costs
Why it matters: If the model gains traction, statechains could bring fast payments to Bitcoin without changing the base protocol.
Source: CriptoNoticias