create account

The Importance of a Second-Layer Network on Bitcoin’s Blockchain by zeroshiki

View this thread on: hive.blog |  peakd.com |  ecency.com
bitcoin · @zeroshiki ·
$0.94
The Importance of a Second-Layer Network on Bitcoin’s Blockchain
http://www.altcointoday.com/wp-content/uploads/2017/06/Nick-Szabo.jpg

Nick Szabo, prominent blockchain, cryptocurrency, and smart contracts pioneer, recently emphasized the necessity and importance of a peripheral or second-layer network on top of the bitcoin blockchain to settle smaller transactions in a more efficient and secure manner.

Previously, Altcoin Today reported that Microsoft head of decentralized identity Daniel Buchner criticized Bitmain for their vision and viewpoint on two-layer solutions such as Lightning. In an official blog post entitled “UAHF: A contingency plan against UASF (BIP148),” Bitmain released a controversial statement in regards to the development and implementation of Lightning.

Read more here: http://www.altcointoday.com/second-layer-network-on-bitcoins-blockchain/
👍  , , , , , , , , , , , ,
properties (23)
authorzeroshiki
permlinkthe-importance-of-a-second-layer-network-on-bitcoin-s-blockchain
categorybitcoin
json_metadata{"tags":["bitcoin","cryptocurrency","blockchain","money","crypto"],"image":["http://www.altcointoday.com/wp-content/uploads/2017/06/Nick-Szabo.jpg"],"links":["http://www.altcointoday.com/second-layer-network-on-bitcoins-blockchain/"],"app":"steemit/0.1","format":"markdown"}
created2017-06-22 02:08:45
last_update2017-06-22 02:08:45
depth0
children0
last_payout2017-06-29 02:08:45
cashout_time1969-12-31 23:59:59
total_payout_value0.894 HBD
curator_payout_value0.041 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length810
author_reputation3,270,496,119,276
root_title"The Importance of a Second-Layer Network on Bitcoin’s Blockchain"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id5,573,634
net_rshares69,973,037,537
author_curate_reward""
vote details (13)
Help/Feedback