0 sats \ 2 replies \ @kevkevin 5 Apr 2022 \ on: Announcing Taro: A New Protocol for Multi-Asset Bitcoin and Lightning 🍠💱🌍 bitcoin
Isn't this similar to what strike does on their platform with usdt?
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3 sats \ 0 replies \ @shyfire 5 Apr 2022
Yeah, except that Strike is proprietary and closed source. Taro will be an open protocol that anybody can use https://lightning.engineering/posts/2022-4-5-taro-launch/
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2 sats \ 0 replies \ @kr OP 5 Apr 2022
The outcome might be similar (fiat money can be sent over Lightning), but the means by which Lightning Labs and Strike are approaching the problem is very different.
Strike accomplishes this with real-world custodians that are swapping USD & BTC, while Taro is an open protocol.
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