Taproot Assets, the new Bitcoin protocol, is online on the mainnet, here’s a quick look at the airdrop collection details

23-10-31 17:12

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Original Title: "Unlocking LightningFi: Taproot Assets Goes Live on NostrAssets Mainnet (with Airdrop Tutorial)"

Original Author: Nostr Assets Protocol

Translated by: Deep Tide TechFlow

Recently, Lightning Labs launched Taproot Assets, which has aroused great interest and excitement among users. The enthusiasm of being one of the pioneers to first encounter or own Taproot Assets was evident in our recent Zealy event, with over 8,000 individual Nostr addresses already registered.

In addition, our integrated partner Alby Wallet witnessed a surge in registration during our event, with over 6,000 registered users, a significant increase from previous weeks.

After months of relentless dedication, innovation, and rigorous testing, we are pleased to announce the long-awaited release of Taproot Assets on the NostrAssets mainnet. This significant development brings various possibilities to the Taproot community and opens a new era for decentralized finance.

In the current version, what can you do with Taproot assets on NostrAssets?

We have developed a comprehensive set of features for Taproot Assets, and we will gradually introduce them to the public. This strategy ensures that all features undergo rigorous testing before introducing any new ones.

Transfer Taproot Assets via the NostrAsset web client or other decentralized social messaging applications on Nostr:

Goodbye Gas fees! You can now transfer your Taproot Assets directly to another Nostr address, quickly and cost-effectively.

Trade Taproot Assets on NostrAssets Marketplace:

Enter the world of trading with ease. You can now use satoshis to trade your Taproot Assets on the NostrAssets market, making it easier for you to participate in asset exchanges within the Nostr community.

You can use a lightning wallet like Alby Wallet to deposit satoshis into your Nostr address.

What is NostrAssets?

NostrAssets is an open-source decentralized protocol designed to seamlessly integrate Taproot Assets and Bitcoin into the Nostr ecosystem. It empowers users with the ability to perform various financial activities using their Nostr public and private keys.

It is supported by the Nostr protocol, which is a permissionless and trustless relay network that ensures communication on the internet is not subject to censorship.

With the support of Lightning Network and the powerful Bitcoin blockchain, NostrAssets provides a secure and efficient environment for financial activities.

Why Choose NostrAssets Protocol?

Financialization of Taproot Assets and Bitcoin:

NostrAssets has opened the door to various financial operations, including sending, receiving, and trading. It also supports a wide range of financial applications, such as decentralized exchanges (DEX), derivatives, fundraising, and more.

Empowering Software Developers:

NostrAssets provides software developers with the tools they need to create innovative products across social platforms, games, and various other fields. This facilitates the emergence of practical use cases and drives widespread adoption.

Enriching the value of Bitcoin and Lightning Network ecosystem:

NostrAssets enriches the value of the Bitcoin and Lightning Network ecosystems, creating a positive feedback loop that benefits all users.

From seamless chatting to trading:

NostrAssets achieves composability and interoperability on natural language through Nostr. It acts as a bridge connecting different decentralized applications on Nostr, enabling them to work seamlessly together. Users can easily perform financial operations using conversational language. For example, you can say "transfer 100 sats to Bob" on decentralized social messaging applications such as Damus and Iris to initiate transactions, making the experience user-friendly and accessible.

NostrAssets protocol's next step?

Importing Taproot Assets from Other Daemon Universes: (This feature will be released in future updates)

NostrAssets will allow you to easily import Taproot Assets from other Daemon Universes, such as Lightning Lab Universe. This means you can access and manage your assets from various sources, all within the Nostr ecosystem.