[Lightning Labs Launches Bitcoin Non-Custodial Scaling Solution LayerTree, Allowing a Single UTXO to Be Shared by Millions of Users] Odaily Planet Daily News: Lightning Labs announced on the X platform the launch of LayerTree, a non-custodial scaling solution based on Bitcoin that can connect with the Lightning Network. According to the introduction, LayerTree leverages Covenants (contract restrictions) technology, enabling a single UTXO (Unspent Transaction Output) to be shared by up to 1 million users. Users can receive funds without staying online and can exit at any time through a single transaction, with funds unaffected by timeouts.