What is the relativistic Volterra lattice?

We develop a systematic procedure of finding integrable "relativistic" (regular one-parameter) deformations for integrable lattice systems. Our procedure is based on the integrable time discretizations and consists of three steps. First, for a given system one finds a local discretization living in the same hierarchy. Second, one considers this discretization as a particular Cauchy problem for a certain 2-dimensional lattice equation, and then looks for another meaningful Cauchy problem, which can be, in turn, interpreted as a new discrete time system. Third, one has to identify integrable hierarchies to which these new discrete time systems belong. These novel hierarchies are called then "relativistic", the small time step h playing the role of inverse speed of light. We apply this procedure to the Toda lattice (and recover the well-known relativistic Toda lattice), as well as to the Volterra lattice and a certain Bogoyavlensky lattice, for which the "relativistic" deformations were not known previously.