Lightning torch initiative – spreading the word about scalable bitcoin micro payments

2 min read

Crypto developers spent most of the previous year trying to find scalable solutions for current blockchain networks which can be applied to real world use cases. The most well-known & talked about is the Lightning network (LN) – which provides a parallel decentralized channel of instant, high volume of micropayments for the Bitcoin network. The current capacity of the scalability solution stands at 6,811 nodes with a volume of 729 BTC & 30565 channels at the time of writing. This is an impressive feat from the 50 nodes at the time of launch in January 2018. Despite being a worthwhile…...

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Faisal Khan Faisal is based in Canada with a background in Finance/Economics & Computers. He has been actively trading FOREX for the past 11 years. Faisal is also an active Stocks trader with a passion for everything Crypto. His enthusiasm & interest in learning new technologies has turned him into an avid Crypto/Blockchain & Fintech enthusiast. Currently working for a Mobile platform called Tradelike as the Senior Technical Analyst. His interest for writing has stayed with him all his life ever since started the first Internet magazine of Pakistan in 1998. He blogs regularly on Financial markets, trading strategies & Cryptocurrencies. Loves to travel.