OmniBOLT to support BRC20 Token on the Lightning Network

OmniBOLT to support BRC20 Token on the Lightning Network

OmniBOLT plans to support the circulation of BRC20 Token on the Lightning Network, with the aim of enabling more efficient transactions and unlocking more possibilities for BRC20 Token.

OmniBOLT is an protocol that builds upon the capabilities of the Lightning Network. The Lightning Network is a second-layer solution designed to enhance the transaction speed, capacity, and efficiency of the Bitcoin blockchain. It manages this by producing off-chain payment channels between users. These channels facilitate faster and cost-effective transactions, while also reducing the burden on the main blockchain.

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Bitcoin

In This Article

Related News
MicroStrategy, Metaplanet Want Billions More in Bitcoin as BTC Nears $100K MicroStrategy, Metaplanet Want Billions More in Bitcoin as BTC Nears $100K
MicroStrategy Buys a Further 2,138 BTC, Adding to Stash for 8th Consecutive Week MicroStrategy Buys a Further 2,138 BTC, Adding to Stash for 8th Consecutive Week
Six Bitcoin Mutual Funds to Debut in Israel Next Week: Report Six Bitcoin Mutual Funds to Debut in Israel Next Week: Report
MicroStrategy Buys a Further 5,262 BTC as Stock Joins Nasdaq 100 MicroStrategy Buys a Further 5,262 BTC as Stock Joins Nasdaq 100
Metaplanet continues bitcoin buying spree with latest $61 million purchase Metaplanet continues bitcoin buying spree with latest $61 million purchase
Latest News More More
1 Day Ago Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
1 Day Ago Fetch.ai launches $10M accelerator for AI agent startups
2 Days Ago Fidelity’s spot bitcoin, ether ETFs post largest daily net outflows since inception
2 Days Ago Polkadot-based Phala Network launches Ethereum Layer 2 rollup
3 Days Ago Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open