Layer 2

Taro leverages Bitcoin, lightning, and Taproot to enable the peer-to-peer transfer of currencies and assets beyond BTC. —  Are you worried that Bitcoin is too boring to play in the growing digital asset economy? Fret no longer.  Using Taro, the original blockchain network can support the decentralized exchange of multiple assets – including fiat currencies. Moreover, the protocol works with the lightning network, letting users transact – instantly and for free – with non-BTC-denominated balances.  Please read below to learn…

One of the critical difficulties confronting the blockchain community is the matter of scalability. While the technology has proven its high potential over the years, several aspects limit its applicability to a large scale. Since humankind developed the first technological inventions, the scalability problem has been on our minds. We'll expand on that in this post, looking at the case of Layer 2 blockchains. Layer 2 (L2) blockchain definition The "Layer 2 blockchain technology" concept is gaining traction on the…