New Tree-Based Bitcoin Scaling Proposal Targets Millions of Users
Bitcoin developer Olaoluwa Osuntokun has unveiled Layertree, a proposal that could squeeze millions of bitcoin owners into a single blockchain output without surrendering control of their money. The catch? Bitcoin’s existing rules don’t yet allow the technology to work. One Bitcoin Output, Millions of Individual Owners On Oct. 15, 2026, Lightning Labs developer Olaoluwa Osuntokun […]
Key Takeaways
- Bitcoin developer Olaoluwa Osuntokun has unveiled Layertree, a proposal that could squeeze millions of bitcoin owners into a single blockchain output without surrendering control of their money.
- Bitcoin’s existing rules don’t yet allow the technology to work.
- One Bitcoin Output, Millions of Individual Owners On Oct.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Bitcoin buyers snap up a brief drop below $80,000 as Asian stocks rebound
Bitcoin tore back to $82,500 within two hours of dipping under $80,000, and chipmakers in Seoul recovered from their worst close since April.
Polymarket’s Paid Promos Reach Esports, With Orders to ‘Look Organic’: Report
Polymarket is paying more than 800 X users to quote-post content from its esports accounts, at $10 to several hundred dollars a post, paid in crypto, ReaderGrev’s Mikhail Klimentov reported on Thursday. In a private Discord server, a company representative…
Chainalysis Explains Why US Is Hoarding Bitcoin While the World Buys Its Dollars
Chainalysis data shows why the US is hoarding Bitcoin while other countries adopt dollar stablecoins at a growing pace. The post Chainalysis Explains Why US Is Hoarding Bitcoin While the World Buys Its Dollars appeared first on BeInCrypto.