Overview

Lnfi Network is a unified Layer 2.5 solution in the intersection of open standards and network economies:

L1: Bitcoin - Decentralized Monetary Network
L2: Lightning Network - Decentralized Payment Network
L3: Nostr and/or Internet - Messaging Network

Lnfi aims to bring Web3 and tokenization to the Lightning Network, introducing LightningFi (which stands for Lightning Finance), a financialization layer that enables sending/receiving, issuing, distributing, fundraising, staking, locking, gifting, and trading Taproot Assets over Nostr.

Taproot Assets (formerly Taro) is a novel protocol that enables the issuance of assets on the Bitcoin blockchain. These assets can be transferred seamlessly over the Lightning Network, facilitating instant, high-volume, and low-fee transactions.

With Taproot Assets, users can create and distribute their own tokens on the Bitcoin blockchain, unlocking new possibilities for tokenized assets and decentralized applications. The integration of Taproot Assets with Lightning Network enables efficient and scalable asset transfers.

Lightning Network’s off-chain nature allows near-instantaneous transactions while significantly reducing transaction fees, making it an ideal solution for high-volume asset transfers.

NextKey Features

Last updated 7 months ago