Blockstream’s ‘Watchtowers’ Will Bring a New Justice System to the Lightning Network

2019-12-20 13:00

Watchtowers, a semi-trusted payment channel sheriff, is designed to keep the peace among lightning nodes.

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watchtowers lightning sheriff keep nodes among peace

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What are Watchtowers and How Do They Work? Bitcoin’s Lightning Network Latest Development

Bitcoin has always had a scalability problem. While this cryptocurrency wants to become the worldwide money of tomorrow, it currently doesn’t have the technical prowess to do so. For the entire world to be able to use Bitcoin for their everyday payments and other financial activities, Bitcoin’s blockchain will need to be able to handle […] The post What are Watchtowers and How Do They Work? Bitcoin’s Lightning Network Latest Development appeared first on CaptainAltcoin.

2019-3-4 17:53