Taro protocol
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Lightning Labs and Tari Labs agree to change the temporary restraining order in the trademark lawsuit to a preliminary injunction
According to reports, Bitcoin software company Lightning Labs and blockchain startup Tari Labs have agreed to convert a court ordered temporary restraining order that requires the suspension of the development of Lightning’s Taro protocol. In a document dated March 15th, lawyers from both companies proposed converting a restraining order into a preliminary injunction, a temporary order that prevents a party from taking certain actions. The conversion of this order into a preliminary injunction will stop the development of the agreement until a court decision is reached. Interpretation of this information:…
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Tari Labs won a restraining order against Lightning Labs over the Taro agreement
According to reports, blockchain startup Tari Labs has won a temporary restraining order against Bitcoin developer Lightning Labs over its Taro protocol and platform. This ruling means that Lightning Labs will not be able to update the Taro agreement or announce further development of the agreement. Interpretation of this information: The news that blockchain startup Tari Labs has won a temporary restraining order against Bitcoin developer Lightning Labs is a significant development in the world of blockchain technology. The ruling prevents Lightning Labs from updating the Taro agreement or making…
