HSBC Launches Bitcoin Thunderbolt Network, Boosting Efficiency 100-200 Times

HSBC Bank has announced the official launch of the Bitcoin Thunderbolt network on the mainnet, marking a significant technological upgrade for Bitcoin. This development is the first time a major global financial institution has publicly acknowledged the underlying infrastructure of Bitcoin in an official document, indicating a growing interest from traditional finance in Bitcoin's technological innovations.

The Bitcoin Thunderbolt network was initiated by miners from the Satoshi era, Bitcoin whales, and the core technical team, including Nubit. This upgrade introduces UTXO Bundling and OP_CAT through a soft fork, enabling on-chain native asset issuance, transaction acceleration, and smart validation. According to the tests, the network efficiency has been shown to reach 100 to 200 times that of the base chain.

Currently, access to the Thunderbolt network is limited to users who have obtained a Boosting Code. These codes are distributed in limited quantities by core contributors like Nubit through the community and come with a rare BTC native airdrop reward. This exclusivity underscores the strategic importance of the Thunderbolt network and its potential to revolutionize Bitcoin's capabilities.

The introduction of UTXO Bundling and OP_CAT represents a significant advancement in Bitcoin's technology. UTXO Bundling allows for the efficient management of unspent transaction outputs, while OP_CAT enables more complex smart contract functionalities. These enhancements are expected to improve the scalability and functionality of the Bitcoin network, making it more competitive with other blockchain platforms.

The launch of the Bitcoin Thunderbolt network is a testament to the ongoing innovation within the Bitcoin community. The involvement of major financial institutions like hsbc Bank in acknowledging and supporting these technological advancements signals a shift in the perception of Bitcoin from a speculative asset to a robust technological platform. This development could pave the way for broader adoption and integration of Bitcoin in traditional financial systems.