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Results tagged with channel-factories
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user 137412
A channel factory is a proposed new layer between between the blockchain and payment channels that solves the scalability problem of having too many on-chain transactions for micropayments in the October 2017 paper "Scalable Funding of Bitcoin Micropayment Channel Networks" by Burchert, Decker & Wattenhofer.
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How could 6 billion people be onboarded to Bitcoin and Lightning today?
How could 6 billion people be onboarded to Bitcoin and Lightning today?
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How could 6 billion people be onboarded to Bitcoin and Lightning today?
The short answer is we’re not quite there yet but almost…the things we need to accomplish this goal however are on the roadmap. I say this to address the common FUD which states that Bitcoin can never …