Taproot

The project formerly known as "Taro" has been rebranded "Taproot Assets" after Lightning Labs was hit with a trademark infringement lawsuit. The new offering, now on a testnet, comes with a "core set of features to bitcoinize the dollar," according to the firm.

By Frederick Munawa

May 16, 2023 at 9:50 p.m. UTC

May 16, 2023

BitcoinLightning LabstaroBrc 20Ordinals protocolElizabeth StarkTaproot

Video

Binance

Binance Resumes Bitcoin Withdrawals as Bitcoin Blockchain Fees Jump

Binance resumed bitcoin withdrawals after a second pause as the Bitcoin network suffers from congestion This comes as fee rates on the bitcoin blockchain surged to a 2 year high after Taproot enabled inscriptions and BRC 20 to take up coveted block space Sam Reynolds Coin Desk Senior Markets Reporter for Asia breaks down this [...]

By CoinDesk Inc

May 8, 2023 at 7:47 p.m. UTC

May 8, 2023

Binancecdtvaab clipTaprootSam reynoldsBrc 20

Tech

Taproot

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool

Luxor Mining collaborated with independent developer Udi Wertheimer to mint the NFT advertising “Magic Internet JPEGs” in “the largest Bitcoin block ever mined.”

By Frederick Munawa George Kaloudis

Feb 2, 2023 at 4:50 p.m. UTC

Feb 2, 2023

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(Takoyaki Tech/Getty Images, modified by CoinDesk)

Podcasts

The breakdown

A Primer on the Debate Around Ordinal Inscriptions, aka Bitcoin NFTs

Are on-chain Bitcoin NFTs an interesting innovation or a censorable misallocation of resources?

By Nathaniel Whittemore

Feb 1, 2023 at 9:33 p.m. UTC

Feb 1, 2023

The BreakdownPodcastsNFTsBitcoinOrdinalsTaproot

Tech

Bitcoin

Bitcoin Community Erupts in Existential Debate Over NFT Project Ordinals

Some are calling the new protocol, which stores NFTs on Bitcoin, an attack on the blockchain's original mission to conduct financial transactions. Others say the new use case should be embraced alongside other demands for block space.

By Frederick Munawa

Jan 31, 2023 at 2:55 a.m. UTC

Jan 31, 2023

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Video

Jimmy song

Consensus 2022 Foundations: Bitcoin

Data Scientist Alyssa Blackburn discusses the early days of Bitcoin, followed by a Q&A moderated by CoinDesk’s David Morris. Plus, a conversation between Jimmy Song (Bitcoin Today Coalition) and CoinDesk’s Christie Harkin on the Taproot upgrade and the future.

By CoinDesk Staff

Jun 22, 2022 at 9:55 p.m. UTC

Jun 22, 2022

Jimmy SongBlockstreamChristie HarkinTaprootDavid Morrisconsensus2022foundations 2022Foundry DigitalDr. Adam BackAlyssa Blackburn

Video

Lightning network

Lightning Labs Co-Founder on Taro Protocol, Future of Bitcoin Lightning Network

Lightning Labs Co-founder and CTO Olaoluwa Osuntokun, also known on social media as “roasbeef,” shares insights into the Lightning Network’s latest Taproot-powered “Taro” protocol aiming to bring stablecoins to Bitcoin. Plus, a wider conversation on Lightning Network’s use cases and adoption.

By CoinDesk Staff

Apr 20, 2022 at 8:32 p.m. UTC

Apr 20, 2022

Lightning Networkcdtvaab clipTaprootLightning LabsRoasbeeftaroCTOOlaluwa Osuntokun

How 'Taro' Could Bring Stablecoins and NFTs to Bitcoin

Video

Nft

How ‘Taro’ Could Bring Stablecoins and NFTs to Bitcoin

CoinDesk Research Analyst George Kaloudis discusses the announcement of the Taproot-powered protocol Taro (Taproot Asset Representation Overlay). Kaloudis explains Taro’s potential to bring new assets like stablecoins and NFTs to the Bitcoin network and its proposed use of “embedded consensus” technology.

By CoinDesk Staff

Apr 11, 2022 at 8:14 p.m. UTC

Apr 11, 2022

NFTcdtvaab clipStablecoinsTaprootGeorge KaloudistaroTaproot Asset Representation Overlay

Video

Bitcoin

Lightning Labs Raises $70M to Bring Stablecoins to Bitcoin

Lightning Lab’s Elizabeth Stark announced a Taproot-enabled protocol called Taproot Asset Representation Overlay (Taro) that has received $70 million in Series B funding to bring stablecoin capability to the Bitcoin network.

By CoinDesk Staff

Apr 5, 2022 at 6:50 p.m. UTC

Apr 5, 2022