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Title: How do you think lightening network will affect algotrading? Post by: Algochain on January 30, 2018, 03:07:20 PM Lightening networking is the next update on blockchain, we are curious to hear more about what YOU know about lightening network!
Title: Re: How do you think lightening network will affect algotrading? Post by: Emissary Guild on May 16, 2018, 12:02:14 PM This is a very good question, it's seems that the lighting network is going to be beneficial for ventures who running quants, there are a few projects that are in hold till then ;)
Title: Re: How do you think lightening network will affect algotrading? Post by: Xester on May 16, 2018, 12:09:58 PM Lightening networking is the next update on blockchain, we are curious to hear more about what YOU know about lightening network! To understand what is a lightning network we must check out its meaning first. According to Wikipedia lightning network is a ""second layer" payment protocol that operates on top of a blockchain. It enables instant transactions between participating nodes and has been touted as a solution to the bitcoin scalability problem." So what are the advantages that the lightning network will give us: 1. A better privacy - This means not all transactions will be stored on the blockchain unless if payments were paid by both parties. 2. Faster confirmation of transactions - Transactions will be confirmed in just a click of a second 3. Smaller transaction fees - unlike the high fees today the lightning network may give us fair fees |