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Block’s sub-department TBD launches “c=” to enhance liquidity and routing of Bitcoin’s lightning network

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It is reported that TBD is a department of Block, a financial technology company, which launched \”c=\”, a new business entity focused on improving the liquidity…

Blocks sub-department TBD launches c= to enhance liquidity and routing of Bitcoins lightning network

It is reported that TBD is a department of Block, a financial technology company, which launched “c=”, a new business entity focused on improving the liquidity and routing of the lightning network (the second layer expansion solution of Bitcoin).

Block launched a new service provider to make the Bitcoin Lightning Network more reliable

Interpretation of the news:


Block, a financial technology company, has reportedly launched “c=”, a new business entity that focuses on enhancing liquidity and routing of the lightning network. This new entity is a product of the sub-department, TBD. The lightning network is a second layer expansion solution of Bitcoin, which aims to increase its scalability and speed while decreasing transaction fees.

The lightning network is a network of payment channels built on top of the Bitcoin blockchain that allows two parties to transact bitcoins instantly without waiting for confirmations from miners. This network uses smart contract technology to enable users to send and receive bitcoins through decentralized, multi-hop payment channels. It allows for micro-transactions, which are not feasible on the Bitcoin blockchain due to high transaction fees.

Block is a company that offers a suite of blockchain-based financial products and services. It offers custodial services, trading tools, and asset management services to institutional investors. TBD is a sub-department of Block that focuses on developing blockchain protocols and infrastructure. The launch of “c=” is a significant milestone for Block and TBD and highlights their commitment to making the lightning network a more efficient and user-friendly protocol.

Improving the liquidity and routing of the lightning network will make it easier for users to use Bitcoin for everyday transactions. The lightning network has the potential to reduce transaction costs and increase the speed and capacity of Bitcoin transactions. However, it is still in its early stages of development, and there is room for improvement. “c=” aims to address these issues and enhance the user experience of the lightning network.

In conclusion, the launch of “c=” by TBD, a sub-department of Block, is a significant development for the Bitcoin ecosystem. Improving the liquidity and routing of the lightning network is crucial for making it a more user-friendly protocol. This move highlights Block and TBD’s commitment to developing innovative blockchain solutions that address real-world problems. With this new business entity, the future of the lightning network looks brighter, and it is exciting to see how it will evolve in the coming years.

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