Examples of using Lightning network in English and their translations into Russian
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Colloquial
How does this effect the Lightning Network?
The Lightning Network topology is simply an extension of that.
Similar to bitcoin's better-known Lightning Network, Liquidity.
The Lightning Network generates two private keys in the"2 out of 2" cryptography scheme.
For now there is only one apparent solution to the scalability problem: lightning network.
Lightning Network developers released a testnet desktop application today for Ind.
Later on, the blog mentions that SegWit is required for Lightning Network, Blockstream's open source solution.
On the lightning network, verifications would be instantaneous and concurrent with transactions.
This cryptocurrency is developed with the world's most advanced protocols built-in such as SegWit, Lightning Network, and Smart Contracts.
The Lightning Network requires putting a funding transaction on the blockchain to open a channel.
The currency plans to implement the"Raiden Network" which will utilize payment channels similar to Bitcoin's proposed lightning network.
The Lightning Network represents an improvement in efficiency and uses a more logical payment-network structure.
Even more speculative risks exist as well, but according to Miers,it's all highly contingent on the structure that the Lightning network will take.
The Lightning Network is a"Layer 2" payment protocol that operates on top of a blockchain-based cryptocurrency like Bitcoin.
The Bitcoin community received answers on a number of questions concerning the scale of Bitcoin net: Lightning Network posted the information about its alpha release on Twitter.
The lightning network is scale-free, low-fee solution that has the potential to solve Bitcoin's scalability problem.
With the planned SegWit2x upgrade officially dead,the currency is now firmly on the path of off-chain scaling through the lightning network or similar solutions.
The Lightning Network has more than 1,000 active nodes, though the network capacity is currently only about 4.5 BTC.
By moving the"witness" signature data to the end of every transaction,it solves Bitcoin's malleability issue which is conducive to second-layer solutions like the Lightning Network.
The lightning network is intended to work by moving transactions off-chain onto"payment channels" and then"settling" the result to the Bitcoin Blockchain periodically.
Right after the activation of Segregated Witness(Segwit) on the Bitcoin network, the developers from Lightning Labs released the 0.3 alpha version of the team's Lightning Network Daemon LND.
A scalable and inexpensive protocol like the lightning network has the ability to entice customers away from traditional financial intermediaries like Visa because of cost savings.
Technically, the new proposal combines in one project a number of technologies in development around bitcoin:sidechains, the Lightning Network and other solutions that achieve on-chain scaling.
If Lightning Network is deemed to be a money transmitter, Lightning Network node operators may have to comply and either refuse or block transactions involving listed addresses.
While still in itsearly stages of deployment, it's believed the Lightning Network could one day expand bitcoin's capacity to millions of transactions by moving those transactions….
The lightning network would implement a smart contract script into the Bitcoin network that would open private payment channels between a peer and all of the other peers they transact with.
There are several developing technologies such as sidechain or lightning network but COMSA proposes a realistic solution utilizing private blockchain networks instead of an add-on layer technology.
The idea behind the project, which is a simpler take on the still-in-development Raiden network, is to provide a mechanism for micropayments similar to bitcoin's Lightning network.
Inspired by bitcoin's Lightning Network, the technology would shift the majority of transactions off of the ethereum blockchain to create an alternate network of peer-to-peer payment channels.
A recent transaction posted on Twitter from inside the offices of prepaid phone payment provider, Bitrefill,used the Lightning network to top up a mobile(for real) at near instant speed with zero fee, as the Tweet touted.