Taproot, Bitcoin’s long-anticipated upgrade, has activated

Re:Taproot, Bitcoin’s long-anticipated upgrade, has activated by TekMol on Monday November 15, 2021 @09:55AM (#29228100)

    Parent talks about the „Lightning Network“

I was not talking about the Lightning Network in particular. The LN is a system that does settlement on the Bitcoin blockchain.

So is the "BMW and its suppliers" network I imagined. But this network is simpler and more customized to the needs of this particular use case.

Of course using the LN would be a viable alternative to a custom solution.

[ Parent | on HN ]

Re:Taproot, Bitcoin’s long-anticipated upgrade, has activated by G3rn0ti on Monday November 15, 2021 @10:02AM (#29228182)

I see, so in principle, taproot would facilitate to set up custom scaling solutions for Bitcoin payment schemes.

[ Parent | on HN ]