Nubit’s Thunderbolt Protocol Reimagines Bitcoin Smart Contracts
Nubit’s Bitcoin Thunderbolt protocol rethinks Bitcoin scalability and programmability by enabling off-chain smart contracts and asset composability directly on Bitcoin
nubit.org/blog
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Starting from Thunderbolt, Re-examining the Design Logic of the Bitcoin Lightning Network
Why Can’t Bitcoin Buy Coffee?
When mentioning Bitcoin, most people first think of its attributes of ‘decentralization’ and ‘immutability’. However, when you actually want to use it to buy a cup of coffee, you will quickly encounter an awkward problem: waiting for transaction confirmation takes longer than waiting for the coffee, and sometimes the transaction fee is even more expensive than the coffee itself. Assets on Bitcoin are still ‘as immovable as a mountain’ — mainly relying on HODL, unable to be lent, combined, or interoperate.