Tuesday, October 20, 2026 News updated 18+ Gamble responsibly. Get help Write Sign in
Stake NewsToday

An independent desk covering Stake, the US casino market and crypto.

Crypto Today

New Tree-Based Bitcoin Scaling Proposal Targets Millions of Users

New Tree-Based Bitcoin Scaling Proposal Targets Millions of Users

Photo: Bitcoin.com News

Bitcoin developer Olaoluwa Osuntokun has unveiled Layertree, a proposal that could squeeze millions of bitcoin owners into a single blockchain output without surrendering control of their money. The catch? Bitcoin’s existing rules don’t yet allow the technology to work. On Oct. 15, 2026, Lightning Labs developer Olaoluwa Osuntokun published a 103-page paper introducing Layertree, an ambitious attempt to make Bitcoin more affordable for large groups of users without handing custody of their funds to someone else. Today, Bitcoin records individual holdings through separate pieces of digital money called unspent transaction outputs (UTXOs) .

Source: Bitcoin.com News

Latest in Crypto Today

All Crypto Today stories