Bitstamp Crypto Exchange Sets Up Lightning Network Node

European crypto exchange Bitstamp has set up its own Lightning Network (LN) node to boost the network’s capabilities, the company tweeted on July 8.

As a second layer over the blockchain of the biggest cryptocurrency, bitcoin (BTC), the LN is designed to enable fast and zero-fee transactions by creating payment channels between users. Specifically, the network aims to address bitcoin’s scalability problem by keeping the majority of transactions off-chain.

READ MORE: https://cointelegraph.com/news/bitstamp-crypto-exchange-sets-up-lightning-network-node/amp

By Helen Partz

Sort:  

Congratulations @platyrhodon ! You received upvote from @kryptoniabot & @kryptonia for your task of 515 SUP Today.

Remember to receive votes from @kryptoniabot

Run a task on Kryptonia.
Use the tags KRYPTONIA or SUPERIORCOIN in your Steemit post.

Delegate to the Kryptonia Upvote by clicking links: 10SP , 50SP , 100SP , 500SP , 1000SP

Due to an increased amount of tasks, we have changed up the voting power to evenly spread out the Upvote amount.

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.029
BTC 66560.03
ETH 3447.91
USDT 1.00
SBD 2.64