Statechains: Sending Keys, Not Coins, to Scale Bitcoin Off-Chain

Block space is limited: The Bitcoin blockchain can only process some 10 transactions per second, at most. To resolve this, Bitcoin’s technical community is developing second-layer protocols that process transactions “off-chain,” such as the Lightning Network and sidechains. Using clever cryptographic tricks, these transactions are batched to periodically settle on the Bitcoin blockchain as a…

P2P Bitcoin Exchanges Still Hodl Hodling On

10d : 20h : 34m : 2sGet Tickets Bitcoin Magazine June 14, 2019 Regulation ExchangeHodl hodlP2ppodcastRegulations Trending Now Five Keys to Inner Strength From Five Years in Prison Op Ed: How Fiat Could Fall and Bitcoin Could Soar Op Ed: How Many Wrongs Make a Wright? Cryptopia Turns to a U.S. Court for Account Holder…

Statechains: Sending Keys, Not Coins, to Scale Bitcoin Off-Chain

Block space is limited: The Bitcoin blockchain can only process some 10 transactions per second, at most. To resolve this, Bitcoin’s technical community is developing second-layer protocols that process transactions “off-chain,” such as the Lightning Network and sidechains. Using clever cryptographic tricks, these transactions are batched to periodically settle on the Bitcoin blockchain as a…