The third article in the Bitcoin Layer 2 series. This article covers the Lightning Network created by Joseph Poon and Tadge Dryja. The Lightning Network is a routed network of payment channels ...
The Lightning Network enables fast, low-cost Bitcoin payments using a secure layer-2 protocol. Payment channels allow instant, off-chain transactions, settling on-chain only when channels close.
Bitcoin’s next major leap isn’t another new blockchain, it’s speed, scale, and usability on the original one. That’s the view of Aaron Bollinger, co-founder of Voltage, a U.S.-based Bitcoin ...
The Lightning Network is a routed network of payment channels originally proposed by Thaddeus Dryja and Joseph Poon in 2015, with major implementations having been built by Blockstream (CLN), ...
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