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Alex Bosworth: Chain-based fiat conversion added to Balance of Satoshis accounting

Alex Bosworth: Chain-based fiat conversion added to Balance of Satoshis accounting
Fiat conversion now in Balance of Satoshis

Support for chain-based fiat conversion has been added to Balance of Satoshis accounting, allowing conversions based on statistical analysis of transaction output amounts.

Alex Bosworth, who is head of infrastructure at Lightning Labs, stated that finding a reliable fiat price API is challenging, even though the price data involved is static and small.

Bosworth has previously commented on security developments in the Bitcoin space, noting that tracking and catching BTC thieves is becoming more feasible as tracing tools improve. He has also discussed initiatives aimed at mainstream users, including a project focused on providing practical BTC cold storage guidance. Both efforts reflect a continued emphasis on infrastructure and user tools at Lightning Labs.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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