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Like this author and many here I've been dismissive of the blockchain ecosystem as it stands. Especially Bitcoin, for while I appreciate the potential of Ethere
by meri_dian 9y ago
Like this author and many here I've been dismissive of the blockchain ecosystem as it stands. Especially Bitcoin, for while I appreciate the potential of Ethereum as a platform in itself, Bitcoin seems much less flexible.
However my thinking has begun to change since reading over the technical specs of the Bitcoin Lightning Network.
The basic idea is that open payment channels of liquidity will be part of a payments routing scheme, directed from me to whatever address I want to deposit funds into. You can read about it here [1].
This system is still being developed but if it works it could reinvigorate Bitcoin.
[1]: https://lightning.network https://lightning.network