THELOGICALINDIAN - n-a
Today’s Video Briefing covers the Lightning Network, the second-layer payments band-aid to Bitcoin’s ascent problems. Although the capital blockchain is alone able of a scattering of transactions, the Lightning Network allows apparently bottomless ascent for sub-penny fees.
Kiana explains some of the abstruse advantages that accomplish it a bigger average for baby payments than approved bitcoin transactions. Instead of accepting anniversary miner assuredly almanac payments on the ledger, the Lightning Network allows users to almanac affairs alfresco the blockchain. This is decidedly ill-fitted to baby or alternate payments, back the transaction costs are so abundant abate than Bitcoin fees.
There’s a lot of achievement for the Lightning Network, but is that abundant to atom some activity into the Bitcoin price? Based on amount charts, BTC could be authoritative a recovery, blame appear the Ichimoku billow for the aboriginal time back August. That could beggarly new highs for Bitcoin in the advancing months, if traders administer to balance from aftermost November’s losses.
As always, don’t advance what you can’t lose, and don’t balloon to SUBSCRIBE!
