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Title: [2016-11-12] What's Left Before Bitcoin's Lightning Network Goes Live Post by: PHPSELLER on November 12, 2016, 04:09:08 PM There aren't many steps left before bitcoin's Lightning Network will be finished – or at least an early version of it.
The big picture looked starkly different a year and a half ago when developers Joseph Poon and Tadge Dryja first put forth a white paper outlining a way to expand bitcoin to accommodate millions of transactions per second. It was a cool idea to use hashed timelock contracts (HTLC) to build a top-layer to bitcoin that didn't require any extra trust in intermediaries, but there wasn’t a clear-cut path forward from the theoretical. Read More: http://www.coindesk.com/whats-left-bitcoins-lightning-network-goes-live/ https://media.coindesk.com/uploads/2016/11/fuse-dynamite-e1478828380403.jpg |
