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Author Topic: [2015-12-02] Lightning Network Implementation ‘Amiko Pay’ Currently in Developme  (Read 199 times)
ezak
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December 02, 2015, 07:07:14 PM
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Lightning Network Implementation ‘Amiko Pay’ Currently in Development

The Lightning Network is a design improvement for Bitcoin that could allow users to make micropayments in a decentralized manner and help the entire network scale more efficiently over time. While this proposal has received a large amount of attention in the Bitcoin community, there is another, similar option currently in development by C.J. Plooy.

Plooy recently gave a presentation on his alternative implementation, Amiko Pay, at Scaling Bitcoin Montreal. During his talk, Plooy noted:

“If you look at the basic design of the Lightning Network -- a network of payment channels. This is actually quite an old idea. There have been several variations of this, and the Lightning Network just happens to be the best so far.”

https://bitcoinmagazine.com/articles/lightning-network-implementation-amiko-pay-currently-in-development-1449073678

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December 03, 2015, 08:34:00 AM
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The development and implementation of Lightning Network has to be sped up. The main chain will reach its capacity early next year.

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