The 2nd Phase of Lightning Network

in #bitcoin6 years ago

We all know what Lightning Network is but let's give a short Explanation as to what it is.

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What is Lightning Network?


The Lightning Network is a Second layer Payment Protocol that operates on top of a Blockchain and enables Instant Transactions between participating Nodes and has been said to be as a Scaling Solution for Bitcoin.

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Bitcoin's Lightning Network is just starting to send in transactions and also getting readily accepted in several Places. But it seems Developers of the Lightning Network is already looking forward to the Lightning Network 2.0.

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It is very good to see that Developers are not just stopping at Lightning Network but are actively trying to Improve it. The Lightning Network not only makes Transactions faster but also Cheaper so who wouldn't love a Lightning Network 2.0.

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So what do you Guys think about this Development?

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Good one, resteemed - done!

Best regards,
@truth-exposed88

Lightning network has its problems, but people need to stop complaining about them and fix them. We all need to support rising the tide of the cryptosphere in a positive way!!! 🚀🚀🚀

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Interesting! Upvoted!
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