A Technical Overview of Taproot Outputs and MuSig2

Elle Mouton
April 19, 2023

Overview This post will cover some basics around Taproot outputs and how to spend them via either the key or script paths. It will also cover the MuSig2 flow between two signing parties. Note that I won’t go into extreme detail for either of these topics. Instead, this post is aimed at refreshing your memory on these topics or giving you enough of an understanding of how Taproot outputs and MuSig2 work so that the follow-up articles are more easily digestible. There are better articles out there…

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Announcing LND 0.16 beta: Smarter, Leaner, Faster

Mohammad Suheb Khan
March 29, 2023

We're excited to announce LND 0.16.0 beta, our first release of 2023. Continuing on the path to improve all things Lightning from pure technological changes to developer experience, this latest release includes: Revamped pathfinding logic designed to improve payment success probability Watchtower updates engineered to save significant disk space, improve performance, and address several bugs Infrastructure update to include SQLite backend as a database option for new nodes Multiple refinements…

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Hello Taro: Building the (Tap)Root of the World's Financial Network with Bitcoin 👋🍠

Michael Levin
September 28, 2022

Today we're excited to announce the alpha release of the Taro daemon, enabling developers to mint, send, and receive assets on the bitcoin blockchain. In April, we first announced Taro, a Taproot-powered protocol for issuing assets that can be transferred over bitcoin and in the future, the Lightning Network for instant, high volume, low fee transactions.  We are grateful to the bitcoin developer community for their valuable feedback, and have incorporated it into the draft Bitcoin Improvement…

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Announcing lnd 0.15 beta: To Taproot and Beyond! ♾️

Michael Levin
June 28, 2022

We're pleased to announce lnd 0.15 beta, our first release of 2022! Building on our commitment to make the Lightning Network more reliable, robust, and secure, our latest release includes:  The ability to create and spend from Taproot addresses  New RPC methods to support experimental MuSig2 signing Database space reduction of ~95% by reducing state stored in revocation logs for new data New pathfinding variable to give more control over time and cost tradeoff  Mobile improvements including a…

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Announcing Taro: A New Protocol for Multi-Asset Bitcoin and Lightning 🍠💱🌍

Ryan Gentry
April 5, 2022

Today we’re excited to announce Taro, a new Taproot-powered protocol for issuing assets on the bitcoin blockchain that can be transferred over the Lightning Network for instant, high volume, low fee transactions. This announcement marks a big shift to a multi-asset Lightning Network with the potential for the world’s currencies to route through bitcoin liquidity on the network. At its core, Taro taps into the security and stability of the bitcoin network and the speed, scalability, and low fees…

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Lightning Pool Update: Costs Go Down, Profits Go Up

Michael Levin
December 16, 2021

Today, we're excited to announce the latest release of Lightning Pool with a number of new features requested by our users. Lightning Pool is a non-custodial, peer-to-peer marketplace for Lightning node operators to buy and sell channels. With Pool, Lightning developers and node operators can streamline their channel management and focus on serving their customers instead of worrying about liquidity. When node operators can more efficiently deploy their capital, it improves the network as a…

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Lightning Node Connect: A Technical Deep Dive

Olaoluwa Osuntokun
November 30, 2021

Today we’re excited to announce the alpha Lightning Node Connect (LNC) a new streamlined way to allow an application/wallet (and even a web application using WASM!) to connect to a remote Lightning Node using a macaroon-scoped gRPC connection. LNC is new a fundamental primitive for Lightning application development, as it allows a user to easily (but securely!) pair their node with a given application/wallet or web application. The recently released web version of Lightning Terminal leverages…

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Announcing the New Lightning Terminal: From Pleb to Web! 🕸️

Michael Levin
November 30, 2021

Today we're excited to announce that we're bringing Lightning Terminal to the web, providing a simple web UI for node operators to improve the quality and liquidity of their node. The goal of this new release is to make running a Lightning node simpler, easier, and more accessible, lowering the barrier to instant, high volume, low fee bitcoin transactions for all. With this launch, we're taking a major step toward managing a Lightning node in a secure, private, and non-custodial manner by…

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Announcing lnd 0.14 beta: Scale and Security Go Up

Michael Levin
November 18, 2021

Note: The 0.14.1 release of LND is recommended for everyone who updated to LND 0.14.0 and it corrects a variety of issues reported by users who installed or upgraded the 0.14.0 release. We're pleased to announce lnd 0.14 beta, our final release of 2021! Building on our commitment to make the Lightning Network more reliable, robust, and secure, our latest release includes: Revamped replicated storage backends + optimized etcd database support for increased redundancy in the stack Initial support…

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Announcing lnd 0.13-beta: Get Amped on Lightning!

June 17, 2021

We’re pleased to announce lnd 0.13-beta, our second release of 2021! Building on our commitment to make the Lightning Network more reliable, robust, and secure, our latest release includes initial support for atomic multi-path payments enabling larger and more reliable spontaneous payments, a new clustered lnd operating mode, payment optimizations for robustness, and a slew of wallet enhancements to enhance security. This release wouldn’t have been possible without the continued support from the…

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