Lightning Shines For Its Practicality – Bitcoin Journal


That is an opinion editorial by Koji Higashi, a number of the Diamond Arms neighborhood.

That is the second article based mostly on the content material of the “Understanding Lightning” report produced by the Diamond Arms neighborhood, the most important Lightning Community neighborhood in Japan. The report goals to supply an outline of Lightning’s know-how and ecosystem for a nontechnical viewers. The primary article may be discovered right here.

Micropayments With Lightning Functions

Functions that combine Lightning funds can instantly reap the advantages of micropayment capability, low charges and immediate settlement. Since Lightning takes nearly all of funds off the primary Bitcoin blockchain, it will possibly theoretically course of tens of millions of transactions per second whereas sustaining Bitcoin’s decentralized and permissionless nature — each important to function the underlying know-how for real-world sensible purposes.


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