- Taro is a new protocol being developed at Lightning Labs that promises to enable creation and transfer of digital assets on the Bitcoin blockchain and specifically on the Lightning Network.
- Any protocol that requires a bitcoin transaction to move another asset will be inherently limited by the block space market.
- As the fee market grows the cost of bitcoin transactions will become increasingly high. When this happens all other assets will be priced out of the Bitcoin blockchain. In the long run, successful monetary assets will be better served on a single purpose blockchain, or even better, a non-blockchain database where fees will be lower and transactions will be more affordable.