The Gug Letter

The Gug Letter

Microsoft Builds on Layer2

open-source bitcoin layer

Joe Guglielmucci's avatar
Joe Guglielmucci
Mar 25, 2021
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In Today’s post, we are going to look into what Microsoft is up to with their “ION” network built on Bitcoin’s layer 2.

Microsoft’s Decentralized Identity team has launched the ION Decentralized Identifier (DID) network on the Bitcoin mainnet. This network is a layer 2 technology similar to Lightning except that instead of focusing on payments it uses Bi…

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