A major Bitcoin network upgrade that improved privacy, scalability, and smart contract flexibility.
A major Bitcoin network upgrade that improved privacy, scalability, and smart contract flexibility. Lygos Finance utilizes Taproot's advanced scripting capabilities to deploy secure, non-custodial DLCs, enabling seamless $50K-$50M loans at 10% APR directly on the Bitcoin network.
Activated in 2021, Taproot introduced Schnorr signatures to the Bitcoin network, making complex transactions look like standard single-signature transactions. This enhances privacy and reduces data footprint on the blockchain. Most importantly, it vastly expanded the capability for advanced scripting, making sophisticated native smart contracts possible.
Lygos Finance utilizes Taproot's advanced scripting capabilities to deploy secure, non-custodial DLCs, enabling seamless $50K-$50M loans at 10% APR directly on the Bitcoin network.
Understanding Taproot helps you evaluate how different platforms handle your Bitcoin. Not all custody models are equal, and the technical details determine whether your BTC is truly safe.
Starting at 10% APR, $0 origination fees, and DLC-secured collateral on the Bitcoin blockchain.