SegWit Inventor Pieter Wuille Joins Lightning Torch Bitcoin Relay
bitcoin

SegWit Inventor Pieter Wuille Joins Lightning Torch Bitcoin Relay

THELOGICALINDIAN - Veteran cryptographer and Segregated Witness SegWit artist Pieter Wuille has become the latest highprofile amount to participate in the Bitcoin Lightning Networks Lightning bake event

‘We Wouldn’t Be Here Without You’

Wuille, whom abounding attention as active in Bitcoin’s success, saw ample absolute acknowledgment as he ‘took’ the Lightning Network (LN) Torch — a action which has acquired cogent authority back it launched in January.

A transaction broadcast at its heart, Lightning Torch involves ‘passing around’ a Bitcoin transaction application the Lightning Network, with anniversary babysitter abacus a nominal sum of 10,000 satoshis ($0.387) afore forwarding it elsewhere.

The activity has become a attribute of the borderless and more easy-to-use Bitcoin acquittal platform, and the LN Torch has now gone about the apple — to countries including the US and, more recently, Iran.

“Honored to accept you accommodating Pieter! Thanks for all you accept done. We wouldn’t be actuality afterwards you,” the Torch’s initiator, Twitter user hodlonaut, commented afterwards Wuille accepted he had accustomed and forwarded the transaction.

According to official ecology ability TakeTheTorch, Wuille was the 231st babysitter — accepting accustomed the Torch from Bitcoin mining abettor SlushPool.

Lightning Torch’s Prestigious Guest List

Previous participants accommodate HashCash architect and Blockstream CEO Adam Back, as able-bodied as non-Bitcoin abstracts such as Twitter CEO Jack Dorsey. The closing gave both Bitcoin and Lightning Network a apparent publicity addition in February when, forth with accommodating in the Torch, he signaled that LN micropayments would be ablution on his payments company, Square.

“We would adulation to accomplish [Bitcoin] as fast and able and transactional as possible, and that includes attractive at our agent abject and register,” he said at the time. “It’s not an ‘if;’ it’s added of a ‘when.’”

An advancing lobbying accomplishment additionally charcoal underway to absorb Tesla architect Elon Musk in Lightning Torch. The mogul has appropriately far not accustomed any accessible animadversion on the idea.

Lightning, meanwhile, continues to abound to abutment added funds than ever, with an all-embracing accommodation of 750 BTC ($2.89 million) at columnist time — a account access of 18 percent. 

What do you anticipate about Pieter Wuille accommodating in Lightning Torch? Let us apperceive in the comments below! 

Images address of Shutterstock, Twitter.