OmniBOLT plans to support the circulation of BRC20 Token on the Lightning Network, with the aim of enabling more efficient transactions and unlocking more possibilities for BRC20 Token.
OmniBOLT is an protocol that builds upon the capabilities of the Lightning Network. The Lightning Network is a second-layer solution designed to enhance the transaction speed, capacity, and efficiency of the Bitcoin blockchain. It manages this by producing off-chain payment channels between users. These channels facilitate faster and cost-effective transactions, while also reducing the burden on the main blockchain.