What is Lightning Network (Lightning Network Technology Co., Ltd)
What is Lightning Network According to coincryptorama news, what is Lightning Ne
What is Lightning Network According to coincryptorama news, what is Lightning Network. Its principle is similar to the bidirectional payment channel of Bitcoin and Litecoin. Since there is no trading pair between the two chains, funds can be sent between the two blockchains, but if transfers need to be made, funds need to be withdrawn through another relay. The Lightning Network, also known as “Lightning Network”, is a method of peer-to-peer payment using technical means.
Lightning Network Technology Co., Ltd
According to reports, Lightning Network Technology Co., Ltd (Lightning Labs) is a US-based company established in 2015. It aims to develop a “payment system based on verifiable random functions” and “Bitcoin Cash protocol” to achieve fast, secure, and reliable transactions. The company stated, “Through cooperation with Lightning Labs, we have expanded our technical team and established more partnerships to support the Bitcoin Lightning Network.”
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