In an interview with Scott Melker, the podcast host called Wolves on all streetsTether Paolo Ardoino CEO mentioned the meaning of stable cryptocurrency USDT on the Lightning network. For Italian businessman and scientist, “The beauty of Lightning’s USDT is a great way to make large transactions.” In other words, this route (Lightning’s USDT) means that the price remains unchanged and its adoption extracts and combines the speed and efficiency of Lightning’s network, as well as the second layer payment technology of Bitcoin scale.
As reported by Cryptonoticias, the company that created and released popular stable cryptocurrencies has announced the integration of USDT into the Bitcoin ecosystem, both in its basic layer and in its Lightning network. The announcement came on January 30th in a joint statement between Lightning Labs CEOs Paolo Ardoino and Elizabeth Stark.
In a recent video from Ardoino with Scott Melker, Tether’s CEO has made clear that USDT will be “available in Lightning,” meaning that Bitcoin’s stable cryptocurrency remains in the process of integration.
The scientists who lead the Tether Company believe that the difference between USDT in lightning and “everything else” is that the other second layer in Ethereum has the same problem. A set of “unique behavioral status” or shared status, and a limited validator.
At the programming level, it has a unique state of behavior (Single shared state) According to the documentation below found on GitHub, it is a process that allows many functions to access the same data, so that when these data change these data, they will appear as soon as they change these data.
If you have a specific battery (stack), you have a validator or three validator that is formidable to look at, but most of the time you have a single validator that is not so distributed. In any case, each node in that second layer system must subscribe and maintain speed using only shared state along the node. Each node needs to “see” everything to validate and participate in parts of the network.
Tether CEO Paolo Aldoino.
Instead, Ardoino ensures that with the payment of lightning bolts on a P2P channel, you can open another private channel with everyone and Tran through that channel. You can also enforce client-side validators for intelligent contracts. The latter refers to Lightning using intelligent contracts to enable out-of-chain transactions to have a common language possible in Bitcoin and to run on the blockchain. Finally, lightning bolts allow you to close the channel.
Tether is deeply considering that all systems need to be built like lightning because they are not needed to pay for this bitcoin Seeing participants outside the channel do the same thingunlike the ones that ardoino attribute, Single shared state.
The “virtue” of this lightning bolt It’s thanks to the fact that it works outside the chain, All transactions are registered in the accounting books and separate them from traditional networks that are well known in detail through Bitcoin Explorer and other cryptocurrencies.
In an interview, Aldoino showed that Tether was from the start with a close, practical and philosophical relationship with the Bitcoin network, but the departure of Ethereum and his intelligent contract forced the company to reduce this relationship.
“Tether (USDT) started with Omni, which was the Bitcoin layer.
As reported by Cryptonotics, USDT arrives in Lightning using the Taproop Assets Protocol. This allows Issues assets in Bitcoin and transfer them over the Lightning network for immediate and massive transactions.
«Taproot assets rely on Taproot, a Bitcoin update, providing a new tree structure that allows developers to embed arbitrary asset metadata within existing output. Use Schnorr signatures to improve simplicity and scalability. More importantly, according to official Lightning Network documents, it works with several jump transactions that pass through lightning.
USDT has arrived in Bitcoin in the past. It arrived through speed, especially on August 7, 2024, in the form of a wrapped token. However, this time we reach the Lightning Network officially and total assets support.
