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Lightning Labs Proposes the Bitcoin scaling solution LayerTree: approximately up to 1000000 users share a single UTXO BlockBeats reports that October 16,Lightning Labs proposed the Bitcoin scaling solution LayerTree, designed as a non-custodial architecture that could allow approximately up to 1000000 users to share a single UTXO and connect to the Lightning Network. Balances are recorded in an off-chain Merkle-sum tree, with the shared output committing to the tree root, and users able to exit unilaterally in a single transaction. The solution depends on Bitcoin consensus-layer changes that have yet to be activated, such as covenant-related opcodes, and cannot currently be deployed directly on mainnet. The project describes it as a design and reference implementation; the opcodes used remain proposals rather than current consensus rules.

Original link https://m.theblockbeats.info/flash/372230