Tiramisu Wallet:Exchange designed specifically for the taproot assets protocol.
What is Tiramisu Wallet?
Tiramisu Wallet is a multifunctional cryptocurrency wallet and exchange that was created exclusively for the taproot assets protocol. This unique platform allows users to mint, buy, sell, hold, and transact Alt-Coins and NFTs on the Bitcoin Blockchain. Individuals can use Tiramisu Wallet to easily test their own TADP node and learn about the capabilities of this cutting-edge technology.
The capacity of Tiramisu Wallet to make the minting of cryptocurrency assets easier is one of its primary benefits. In the bitcoin ecosystem, users can more easily develop and distribute their own digital assets on social media. This increases accessibility and visibility. Furthermore, Tiramisu Wallet provides a smooth transactional experience for purchasing and selling assets that are listed on its exchange. Users may easily diversify their cryptocurrency holdings and investigate a wide range of investment opportunities thanks to this.
People can safely store their cryptocurrency valuables on the Tiramisu Wallet platform. Users may rest easy knowing their digital assets are safeguarded when strong security measures are in place. Additionally, this wallet provides an easy-to-use web interface, which removes the requirement for users to manage a Lightning node. This makes it possible for people with limited technical expertise to engage with the Taproot Assets Protocol Deamon (tapd) on the Bitcoin testnet in a comfortable manner.
What is Taproot Assets Protocol?
An inventive on-chain protocol that expands the potential of the Bitcoin blockchain is the Taproot Assets Protocol. Through the usage of this protocol, users can issue non-fungible tokens (NFTs), stablecoins, and even collectibles straight on the Bitcoin network. Through the use of Merkle trees and Schnorr signatures, the Taproot Assets protocol offers a safe and effective means of representing digital assets.
The Taproot Assets protocol’s dependence on both the Layer 2 lightning layer and the Bitcoin base layer is one of its main advantages. This implies that the protocol can take advantage of Layer 2 solutions’ scalability and speed in addition to the security and decentralization of the Bitcoin network. The Taproot Assets protocol guarantees that transactions involving stablecoins, alternative currencies, and collectibles/NFTs can be completed swiftly and affordably by using both levels.
By extending the Bitcoin ecosystem’s applications beyond simple value storage and payment, the Taproot Assets protocol improves it. This protocol expands the functionality and adaptability of Bitcoin by enabling developers to generate and record digital assets directly on the blockchain. Additionally, the Taproot Assets protocol creates new opportunities for decentralized finance (DeFi) applications on the Bitcoin network by permitting the establishment of stablecoins and alternative currencies.
ADAM COIN
Name: AdamCoin
Type: Currency
Acronym: AC
Total Supply: 1000000
Minting transaction: 1b6b9bd268586965e8ba335aece08ffb37fc7cfd37ce3e23547f61e622e0bdaa
Date created: Oct. 20, 2023, 1:20 a.m.
Asset Id: 3b7693c532a59186a56c25b39328bb1801b052ca960a7effd25724f3074eeda9
Currency description:
A coin dedicated to Adam from Genesis, the first man on earth. Also a first asset minted in Tiramisu wallet on mainnet.
Traded volume in past hour: 55 AC
Number of transactions in past hour: 11
Number of holders on Tiramisu Wallet: 1353
Liquidity pool: 6229871 SAT / 3343
Current price: 1,863.5570 SAT
Market cap as estimated: 1863556984.7442417 SAT
USE THE TIRAMISU WALLET BY ACCESSING THIS:
Create an account: On the Tiramisu wallet interface, click the “Create Account” button in the upper right corner.
Register: After selecting the “Create Account” option, complete the username and password fields on the form that pops up.
Login: Using the same login information you used to establish your account, you can access your account after successfully registering. To preserve privacy, Tiramisu does not ask for an email address during the registration procedure.
Acquire initial funding: You can be given a modest quantity of Bitcoin as a new user to begin trading. Your wallet balance will show this.
Decide on a currency: From the list, select the currency you want to buy and click on it.
Start the exchange; by clicking the “Buy Assets” button after navigating down the website. Once you’ve decided how many currency units to buy, confirm the transaction.
Confirmation screen: A short while later, you’ll see a screen confirming that the trade went through. You will now see the purchased currency in your wallet.
Withdraw Taproot Assets: You must create an invoice or Taproot assets address in order to remove Taproot assets from the wallet. An asset ID and an amount are needed for this.
Create an address for Taproot assets: Navigate to the “My Wallet” area on the menu on the left, then select a currency and click the “Send” button. Additionally, you may locate the asset IDs in your wallet under each currency and click the copy button to duplicate them.
Copy the Genesis bootstrap information: To copy the Genesis bootstrap information to your clipboard, click the copy button in the “Send Taproot Asset” dialog box.
Use the Genesis asset ID: Paste the ID into the “tarocli addrs new” command input field. A JSON string will be produced by this command. The value beneath the “encoded” key should be copied.
To pay the Taro asset invoice, open the dialog box for Taro assets, then paste the copied value into the text box for the Taro invoice. Press the “Pay Invoice” button, then watch while the transaction is handled.
Asset withdrawal transaction: The withdrawn asset should be visible in your wallet following the transaction’s processing. Use the “tarocli assets list” command to verify this.
RoadMap
April 2024
Upgrade Tiramisu wallet frontend: To make Tiramisu wallet more akin to other ordinary exchanges, a group of frontend engineers was hired.
Tiramisu GUI Integration with Lightning for Taproot Assets: The ability to open taproot asset channels on the Bitcoin Lightning network will be added by Lightning Labs. This will enable direct asset exchange on the lightning network and lower the cost of transferring taproot assets from node to node. The team intends to completely include this new feature into Tiramisu.
May 2024
Create a mobile app for Tiramisu: A team was engaged to create an app that would work with the Tiramisu API. Although it might not have all of the website’s features, the mobile app will nonetheless enable trading, deposits, and withdrawals.
June 2024
Function as an edge node on the Lightning network for Taproot Assets: Nodes that bridge BTC and TAP channels will be required when Taproot asset channels are made available on Lightning. Taproot asset routing over Bitcoin channels will be possible as a result.
jully 2024
Lend taproot assets: There will be a need for incoming liquidity, much like the Bitcoin lightning network, once taproot asset channels are made available on lightning. A market for lending taproot assets will be created as a result.
Conclusion
Tiramisu Wallet offers users a complete solution for cryptocurrency asset management. This platform provides a smooth experience for minting new digital assets, purchasing and selling Alt-Coins and NFTs, and safely storing cryptocurrency. For those who want to learn more about the world of cryptocurrency assets, Tiramisu Wallet is a great option because of its intuitive UI and connection with the taproot assets protocol.
A fascinating advancement that incorporates stablecoins, collectibles or NFTs, and other currencies into the Bitcoin network is the Taproot Assets Protocol. This protocol gives a safe and effective means to represent digital assets on-chain through the use of Schnorr signatures and Merkle trees, as well as by depending on both base layer and Layer 2 solutions. Through the extension of Bitcoin’s use cases and the facilitation of DeFi applications, the Taproot Assets protocol fosters innovation and growth within the cryptocurrency community.
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AUTHOR
POA LINKS: https://bitcointalk.org/index.php?topic=5485630.msg63757319#msg63757319
Bitcointalk Username: Tuesdaynight
BTC (SegWit) Wallet Address: bc1q5crra0s79plj6egp0ydmga28kvy8lpygrtgdwg
