Nubit Launches Bitcoin Thunderbolt, Boosting Transaction Speed to 2.897 Seconds by 249 Times on Mainnet, Requires Invitation Code

Nubit has officially launched its Bitcoin Thunderbolt on the mainnet, which reportedly enhances Bitcoin transaction speeds by up to 249 times, achieving transaction times of just 2.897 seconds. The technology utilizes UTXO bundling and OP_CAT to facilitate this speed increase, making Bitcoin transactions more efficient. Access to the mainnet currently requires an invitation code, which will be distributed to active contributors and community users. The launch has garnered attention, including a report from HSBC, highlighting its potential impact on Bitcoin's usability. Users will also need to complete KYC verification to utilize the bridge from Thunderbolt to the Bitcoin mainnet, which allows for sending and receiving BTC with the same address. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io