Millions sharing one Bitcoin output? LayerTree is worth a

The new design from Olaoluwa Osuntokun explores pooling balances into one output while preserving each user's ability to exit independently. Making Bitcoin cheaper to use without handing everyone's keys to a custodian is exactly the problem worth working on.

Big caveat: this doesn't run on Bitcoin today. It needs proposed opcodes to activate, joining requires operator approval, and mass exits still face throughput limits. Interesting research, with a public specification and reference implementation to scrutinize.

Source: https://layertree.tech/
Coverage: https://lightning.news/lightning-labs-layertree-millions-share-bitcoin-output/

Image:
Artwork: LayerTree.

#Bitcoin #LightningNetwork #SelfCustody #BitcoinDev #OpenSource