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Taproot Wizards seeks to bring together developers to build different applications and solutions on top of the Bitcoin Base layer that will maximize the potential of the Taproot upgrade carried out in 2021 To strengthen the innovations in the world of Bitcoin, Taproot Wizards secured new funding to further develop the
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Bitcoin’s Taproot Wizards project received a fresh $7.5 million investment from Standard Crypto to transform the blockchain ecosystem and compete with major players like Ethereum and Solana. The Taproot Wizards project, known for its Bitcoin Ordinals initiative, has successfully raised $7.5 million in funding, spearheaded by VC firm Standard Crypto. Founded
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Taproot Wizards, which describes itself as "magic internet JPEGs", offers a collection of Microsoft Paint images of wizards harking back to a 2013 bitcoin meme: "magic internet money." Source
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BITCOIN BLOSSOMS: It’s not just bitcoin’s price that’s suddenly exploding – thanks to speculation that U.S. regulators might approve new exchange-traded funds or ETFs allowing traditional investors to ape in. There’s also an upsurge in new products and technologies claiming to enhance the oldest and largest blockchain. Just two weeks
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Lightning Labs launches Taproot Assets alpha, a new feature that enables users to create and transfer digital assets on the Lightning Network. Taproot aims to improve the Bitcoin (BTC) network, enhancing privacy, scalability, and security. It allows users to create complex scripts that can be executed on the Bitcoin blockchain while
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Through Taproot Assets, Lightning Labs is bringing stablecoins to Bitcoin and Bitcoinizing traditional assets including the dollar. Bitcoin layer-2 infrastructure firm Lightning Labs has officially launched the mainnet of Taproot Assets, a protocol that supports the issuance of stablecoins and real-world assets on the Bitcoin and Lightning networks. According to an official announcement,
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Bitcoin layer-2 infrastructure firm Lightning Labs has released the mainnet alpha of Taproot Assets, a protocol aimed at enabling stablecoins and real-world assets to be issued on the Bitcoin and Lightning Network.The current version, Taproot Assets v0.3, will provide a “feature-complete developer experience” to issue, manage and explore stablecoins and other
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Lines were drawn when the Ordinals protocol, which stores non-fungible tokens (NFTs) on Bitcoin, launched on the dominant blockchain last month. That showdown created two factions – purists who insist on using Bitcoin exclusively for payments and Ordinals fans who welcome NFTs, including this “Taproot wizard” sketch that nearly filled
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Taproot support across the industry is still crawling one year after the Bitcoin soft fork, indicating a strong potential for innovation and broader adoption of Web3 solutions to be unlocked through the world's largest cryptocurrency, sources told Cryptox. "Since early on, Satoshi predicted that layers being built on top of the Bitcoin
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But for now, each Lightning opening channel is a detectable on-chain transaction, which looks different from normal, simple transactions. Similarly, the final transaction a user makes when they want to close their channel shows up as a distinctly different type of transaction on the Bitcoin blockchain. Source
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