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dido:public:ra:xapend:xapend.a_glossary:l:lightning_network

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Lightning Network

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A Lightning Network is network layered on top of an existing blockchain technology (i.e., Bitcoin) intended to help with scalability issues. It is a decentralized system for instant, high-volume micropayments that removes the risk of delegating custody of funds to trusted third parties using a peer-to-peer (P2P) network connections called Micropayment Channel or Payment Channel.

Source: Lightning Network

dido/public/ra/xapend/xapend.a_glossary/l/lightning_network.1561624547.txt.gz · Last modified: 2019/06/27 04:35 by nick
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