Watchtowers fortify the Lightning Network against fraud

2019-6-21 22:00

Bitcoin’s second layer scaling solution is growing fast but is still in an early experimental stage and it remains best suited to technical users. The Lightning Network's new ‘watchtowers’ aim to keep users safe from fraud, making the network safer to use.

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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