UTXO Stack releases white paper, 2025 roadmap, and new website
Dec 26, 2024 16:50:32
ChainCatcher news, as reported by Chainwire, UTXO Stack has officially released its white paper titled "Decentralized Liquidity Staking Layer for Hybrid Lightning Network," along with its 2025 roadmap and a newly designed website.
The white paper elaborates on the role of UTXO Stack as a liquidity staking layer for the Lightning Network, integrating core components such as Hybrid Lightning Network (Hybrid LN), Decentralized Liquidity Staking (DLSP), exchange nodes, wallets, and SDKs to address key challenges in the Lightning Network, including liquidity shortages, high entry barriers, and limited stablecoin support. By combining the Lightning Network with the fiber network of Nervos CKB, UTXO Stack aims to create a scalable and efficient payment network to facilitate the widespread adoption of Bitcoin payments.
According to the 2025 roadmap, UTXO Stack will launch its first large-scale BTC liquidity incentive program on the Lightning Network in January 2025 and plans to complete the first Token Generation Event (TGE) of the Lightning Network ecosystem in the first quarter of 2025, further advancing liquidity development and ecosystem growth.
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