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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. Lightning Labs and Tari Labs agree to change the temporary restraining order in the trademark lawsuit to a preliminary injunction Analysis based on this information:According to recent reports, Lightning Labs, a Bitcoin software company, and Tari Labs, a blockchain startup, have come to an agreement to halt the development of Lightning’s Taro protocol. This decision comes after a court-issued temporary restraining order required the suspension of the protocol’s development until further notice. However, in…