What is Bitcoin s Lightning Network and what is Bitcoin s Lightning Network?

The Lightning Network is a Bitcoin off-chain payment protocol designed to solve Bitcoin's scalability problems. So, how does the Lightning Network work? Come and have a ** with Ecell-kun

The Lightning Network is a Bitcoin off-chain payment protocol designed to solve Bitcoin's scalability problems. So, how does the Lightning Network work? Come and have a ** with Ecell-kun

Lightning Bitcoin is a forked version of the Bitcoin protocol, and like Bitcoin, Lightning Bitcoin is a network virtual currency with a limited number of properties

There are no credit guarantees, decentralized issuance, transaction anonymity, technical security, transaction globalization and hedging functions, but there are also difficulties with the current statutory provisions.

Compatibility of monetary and financial systems, value instability, difficulty in regulation, risk of deflation and supporting technology, inequality in distribution and holding, and acceptance.

Niche and the threat of competition from similar online virtual currencies. Compared with traditional currency, Lightning Bitcoin believes in the principle of science and technology rather than credit, and believes in liberalism rather than power, which is an innovation in the concept of money in the Internet era. Lightning Bitcoin, an electronic currency generated by open-source software, is a network virtual currency. The particularity and innovation of Lightning Bitcoin lies in the virtual digital existence, limited quantity, no credit guarantee, decentralization, and anonymity of Lightning Bitcoin.

Interpreting Lightning Bitcoin from the perspective of technical standards, it is an electronic currency generated by open-source P2P software, which is generated by a computer using a certain algorithm, and the "monetary policy" of Lightning Bitcoin is determined by intelligent algorithms. You can't increase coin production by modifying the algorithm and parameters of everyone's client (the client is open source), and counterfeit currency will be discarded by the network (unless you have control over most of the network nodes) (Yunfeng, 2013). The design concept of Lightning Bitcoin is different from existing paper money or other virtual currencies (such as Q coin), it is generated on the Internet through an open-source algorithm, and is not controlled by any one ** monetary institution or corporate consortium.

Thanks to the use of equal P2P technology and encryption methods of public and private keys, there is no need to authenticate personal information when transferring funds. When a transaction occurs, cryptographically designed bitcoins are automatically sent through the buyer to the seller to ensure that lightning bitcoins are not hacked or artificially created. For example, Lightning Bitcoin can only be used by its real owner, and only once, and the original owner loses ownership of the share of Lightning Bitcoin after the payment is completed.

Lightning bitcoins are completely anonymous because they are built on a decentralized system that exists completely independently, and there is no way for the outside world to shut it down through some kind of facility.

The Lightning Network is a Bitcoin off-chain payment protocol designed to solve Bitcoin's scalability problems. So, how does the Lightning Network work? Come and have a ** with Ecell-kun

Bitcoin Ether and other virtual currencies are not financial investments at all, but blockchain casinos, in which the oligarchs eat everything, even if you seem to have made money, you may not be able to withdraw it,""There have been many incidents of the exchange disappearing overnight""Even if you report to the police** will not accept it, because in China you invest in these virtual currencies is illegal, even if the virtual currency confiscated after the case is solved, it will not be returned, but will be returned to the treasury (if you don't believe it, you can check it online), China's Chapter 9 quantum computer doesn't know if it can decipher cryptocurrency, and if it can, it will be worthless.

The rise of the Lightning Network can't decide the future of Bitcoin, and no one can decide the future of Bitcoin.

It cannot be said to determine the future of Bitcoin, and it should affect Bitcoin to a certain extent.

He can do this, after all, the Internet is amazing, and if his development is good, it is okay.

I haven't understood the specifics, but Bitcoin should have been lonely.

Probably not, because Bitcoin is past its glory days.

I don't think so, Bitcoin can be said to be a very futuristic thing.

I don't think Bitcoin has developed as well as it used to be.

Not necessarily, because the market is complex and volatile.

Let's see how many big two crocodiles have joined in the ecological construction.

Paycoin can definitely determine the future of Bitcoin!

It's not about the future, it's about the future.

Bitcoin will be just a collector's item in the future.

I don't know what will happen to the pi coin in the future.

A virtual currency. Investment is risky and should be cautious.

I don't know much about this, so I'll ask ZB's customer service.

At present, ZB, the largest virtual currency asset trading platform in China, can be traded.