European crypto exchange Bitstamp has set up its own Lightning Network (LN) node to boost the network’s capabilities, the company tweeted on July 8. As a second layer over the blockchain of the biggest cryptocurrency, bitcoin (BTC), the LN is designed to enable fast and zero-fee transactions by creating payment channels between users. Specifically, the network aims to address bitcoin’s scalability problem by keeping the majority of transactions off-chain. READ MORE: https://cointelegraph.com/news/bitstamp-crypto-exchange-sets-up-lightning-network-node/amp By Helen Partz
author | platyrhodon |
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permlink | bitstamp-crypto-exchange-sets-up-lightning-network-node |
category | cryptocurrency |
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author | kryptoniabot |
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permlink | re-platyrhodon-bitstamp-crypto-exchange-sets-up-lightning-network-node-20190708t201645985z |
category | cryptocurrency |
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