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dido:public:ra:1.2_views:3_taxonomic:3_node_tax:lightening

2.3.3.3 Lightning Node

return to Node Taxonomy

A lightning node is a participant in a lightning network1) using multi-signature (multisig)2) on a payment channel3). Lightning nodes create a small community (2 to n) of blockchain nodes. The community can trade without having to use the expensive ledger transaction and has been proposed as a way to provide scalability to Bitcoin.

1)
“Blockchain Nodes: An In-Depth Guide”, https://nodes.com/
2)
“How to Use Multisig to Keep Your Coins Ultra-Safe”, Kai Sedgewick, 2 March 2019, https://news.bitcoin.com/how-to-use-multisig-to-keep-your-coins-ultra-safe/
3)
“Bitcoin’s Lightning Network Payment Channel Explained !!”, Sudhir Khatwani, 11 March 2019, https://themoneymongers.com/payment-channels/
dido/public/ra/1.2_views/3_taxonomic/3_node_tax/lightening.txt · Last modified: 2021/10/05 18:32 by nick
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