{"id":468794,"date":"2022-06-29T15:17:50","date_gmt":"2022-06-29T12:17:50","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-lightning-network-developer-updates-node-software-with-taproot-support\/"},"modified":"2022-06-29T15:17:50","modified_gmt":"2022-06-29T12:17:50","slug":"bitcoin-lightning-network-developer-updates-node-software-with-taproot-support","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-lightning-network-developer-updates-node-software-with-taproot-support\/","title":{"rendered":"# Bitcoin Lightning Network developer updates node software with Taproot support"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2d8eb6de91d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2d8eb6de91d\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/bitcoin-lightning-network-developer-updates-node-software-with-taproot-support\/#%E2%80%9D_Bitcoin_Lightning_Network_developer_updates_node_software_with_Taproot_support_%E2%80%9C\" >&#8221; Bitcoin Lightning Network developer updates node software with Taproot support &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Bitcoin_Lightning_Network_developer_updates_node_software_with_Taproot_support_%E2%80%9C\"><\/span>&#8221; Bitcoin Lightning Network developer updates node software with Taproot support &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div class=\"post-content\" data-v-2a0745c6>Lightning Labs, a developer of the Bitcoin (BTC) Lightning Network (LN), released a beta version of the Lightning Network Daemon (lnd) \u2014 a complete implementation of the LN node \u2014 with added support to the latest protocol upgrades including Taproot and Musig2 among other improvements.<\/p>\n<p>lnd is a software component that handles various aspects within the LN including managing a database, generating payment invoices and revoking payments to name a few. The latest software release, named lnd 0.15 beta (v0.15-beta), aims to empower developers to create solutions for more use cases by leveraging the Bitcoin network\u2019s latest capabilities.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Announcing lnd 0.15 beta: To Taproot and Beyond! \u267e\ufe0f<\/p>\n<p>Featuring:<br \/>Taproot + Musig2 support for better privacy + efficiency, Taro soon\u2122<br \/> ~95% database space reduction for new data<br \/>\ufe0f New pathfinding tool to choose speed vs. cost of payments<\/p>\n<p>Read more: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/5pavMcpxBg\">https:\/\/t.co\/5pavMcpxBg<\/a><\/p>\n<p>\u2014 Lightning Labs\u26a1\ufe0f (@lightning) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/lightning\/status\/1541825552797007872?ref_src=twsrc%5Etfw\">June 28, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nIn the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/lightning.engineering\/posts\/2022-6-28-lnd0.15-launch\/\">announcement<\/a>, Lightning Labs\u2019 product growth lead Michael Levin revealed that over 50 contributors participated in launching the company\u2019s first release in the year 2022, adding that:<\/p>\n<blockquote><p>\u201cThis release gives complete Taproot support for the internal lnd wallet, making it one of the most advanced Taproot wallets today. Further, this release has support for an experimental Musig2 API compliant with the latest BIP draft.\u201d<\/p><\/blockquote>\n<p>The primary goal of MuSig2, a multi-signature scheme, is to allow the creation of aggregate public keys that can be used in Taproot outputs, thus, introducing the ability to authorize transactions with Schnorr signatures.<\/p>\n<p>Unlike previous versions, the beta release also removes the redundant data from the revocation log bucket, which showed a reduction of 95% in database size during initial testing. While the update does not reclaim space for existing states, Levin envisioned that a follow-up release may include a migration feature that could reclaim old disk space.<\/p>\n<p>Staying true to their commitment to make the LN more reliable, robust, and secure, Lightning Labs introduced greater control over pathfinding preferences \u2014 ultimately helping to reduce the transaction fees by identifying the lowest cost route.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Bitcoin network power demand falls to 10.65GW as hash rate sees 14% drop<\/em><\/strong><\/p>\n<p>The Bitcoin network recorded the year 2022\u2019s lowest power demand of 10.65 gigawatts (GW) on June 25. As a result, the computing power for mining BTC blocks came down to 199.225 exahash per second (EH\/s).<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2022-06\/46442c5a-23bb-48d6-a11c-31722b791f75.png\"><figcaption style=\"text-align: center;\"><em>Bitcoin network power demand from 2018-2022. Source: ccaf.io<\/em><\/figcaption><\/figure>\n<p>The sudden reduction in Bitcoin\u2019s power demand is directly correlated to the falling hash rate. The mining hash rate corresponds to the computing power required by BTC miners to successfully mine a block \u2014 a key security metric.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-lightning-network-developer-updates-node-software-with-taproot-support\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Bitcoin Lightning Network developer updates node software with Taproot support &#8220; Lightning Labs, a developer of the Bitcoin (BTC) Lightning Network (LN), released a beta version of the Lightning Network Daemon (lnd) \u2014 a complete implementation of the LN node \u2014 with added support to the latest protocol upgrades including Taproot and Musig2 among&#8230;<\/p>\n","protected":false},"author":1,"featured_media":468795,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDYvMDU0MTIxZGYtMjJiMi00NGVkLTlkNWQtYTA5YTU4ZmJkNWZlLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,81260,74894,75029,76215,74355,87110,34286],"class_list":["post-468794","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-community","tag-blockchain","tag-lightning-network","tag-update","tag-adoption","tag-lightning","tag-software"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/468794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=468794"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/468794\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/468795"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=468794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=468794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=468794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}