New Tree-Based Bitcoin Scaling Proposal Targets Millions of Users
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Lightning Labs presented LayerTree, a proposal for several users to share the same Bitcoin UTXO and to retain the possibility of leaving separately. According to the project documentation, individual withdrawals would occupy approximately 1,020 vB. The proposal depends on consensus changes that are not yet active and therefore cannot be executed in Bitcoin. *** LayerTree proposes to organize the participations of several users outside the chain …
New Tree-Based Bitcoin Scaling Proposal Targets Millions of Users - Invest In Crypto News
Key Takeaways Layertree proposes letting millions share one Bitcoin output without surrendering control of their bitcoin.Layertree models 1,020 vB individual withdrawals and group enrollment below 1 vB per member.Bitcoin needs protocol changes before Layertree can operate, and simultaneous withdrawals remain a challenge. One Bitcoin Output, Millions of Individual Owners On Oct. 15, 2026, Lightning Labs […]
Bitcoin.com
BITRSSNew 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 […]
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