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SoSo Weekly | A Glimpse of New Projects & Innovations - BTC Eco Sector (05/16)

SoSo Original
668Words
May 16, 2024

1/ New Projects

Swamps: The first L2 based on the Bitcoin Stamp protocol, its tokens will be launched on May 21. Currently, tokens can be obtained by providing liquidity for the Swamps L2.
https://twitter.com/Swamps_L2

Prism: Supports one-click multi-party BTC payments, building applications for consumers and APIs for developers.
https://twitter.com/makeprisms

Popsicle Network: A multi-VM Rollup Stack for BTC.
https://twitter.com/PopsicleHQ


2/ New Technologies & Innovations

SRC20 Platform OpenStamp has introduced LEAPX, a comprehensive protocol asset migration tool. LEAPX enables bidirectional migration and conversion of all assets within Bitcoin mainnet ecosystem protocols (SRC-20, RUNES, BRC-20, ARC-20, RGB++). This facilitates trustless and unrestricted movement between L1 and L2, marking the first step towards a native Bitcoin L2 solution.

https://twitter.com/btcopenstamp/status/1782378435219988528


3/ BTC Projects Updates & News

1/ Atomicals: The index has been updated to version 1.4.2, fixing synchronization issues and adding convenient features for querying transaction data.

https://twitter.com/atomicalsxyz/status/1790487236640731316

2/ NostrAssets: Renamed to Lnfi Network, it aims to pioneer the Web3 and tokenization era within the Lightning Network ecosystem. It has introduced LightningFi — a comprehensive financialization layer facilitating various operations on Nostr, such as sending/receiving, issuing, distributing, fundraising, staking, gifting, and trading Taproot assets.

https://twitter.com/LnfiNetwork/status/1789925317055795330

3/ Udi stated that OP_CAT will be activated later this year.

https://twitter.com/udiWertheimer/status/1789467353304187170

4/ Former PayPal President and Lightspark CEO, David Marcus, stated that eventually, every company in the world will use the BTC Lightning Network to settle transactions.

https://twitter.com/BitcoinMagazine/status/1789320999269274084


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