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The world of finance assets and alternative currencies has officially arrived to Bitcoin. If it wasn’t clear already following the slew of new protocols birthed by the Ordinals’ movement, the release of Lightning Labs’ Lightning-native Taproot Assets protocol feels like a consecration to the phenomenon.
More than two years after the protocol was originally announced, users and developers can now open channels denominated in a unit of account of their choice and leverage the existing Lightning Network infrastructure. Though Taproot Assets was leapfrogged in its effort to bring assets to Bitcoin by more naive protocols such as BRC-20 or Runes, patience has been rewarded as advocates…
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