⚡Lightning Labs launches Taproot Assets Mainnet Alpha⚡

🔸Lightning labs, a Bitcoin-focused company, has introduced the mainnet alpha daemon for Taproot Assets. The technology uses the infrastructure of #Bitcoin to manage#stablecoinsand other assets. Taproot Assets version 0.3 allows developers to expand the protocol's capabilities while keeping its core principles intact.

🔸According to Elizabeth Stark it means a transformative phase for #Bitcoin, highlighting its importance as the basis of financial assets. The development of Taproot Assets has been a collaborative effort, with input from the developer community and early adopters shaping its evolution.

🔸The integration of #Bitcoin began when El Salvador🇸🇻 officially recognized it as a currency in 2021, driving the growth of the Lightning Network, particularly in regions facing high inflation. Global demand for #stablecoins, known for their value often pegged to the US dollar, has also taken hold in areas experiencing currency devaluations.

🔸The #TaprootAssets update encourages developers to delve deeper into mainnet assets, providing easy-to-use APIs and support for retrieving physical assets. Asynchronous transactions and the introduction of 'Multiverse Mode' improve flexibility, while improvements have also been made to security, scalability and user experience.

🔸There is growing interest in integrating assets such as gold and bonds into the#Bitcoinecosystem, driven by its decentralized structure and strong security. The TaprootAssets team aims to transform the network so that it can accommodate multiple assets, facilitating the transfer of multiple currencies using the liquidity of #Bitcoin through #LightningNetwork ⚡.