Bitcoin
$23,214.11
+230.45
(+1%)
Ethereum
$1,594.70
+7.23
(+0.46%)
Ripple
$0.41
0
(+0.07%)
Litecoin
$94.61
+6.14
(+6.94%)
EOS
$1.10
0
(+0.27%)
Cardano
$0.39
0
(+0.29%)
Stellar
$0.09
-0
(-0.47%)
NEO
$8.35
+0.08
(+0.93%)
NEM
$0.04
0
(+1.08%)
DigitalCash
$57.12
+5.78
(+11.26%)
Tether
$1.00
0
(0%)
Binance Coin
$308.92
+1.66
(+0.54%)
QTUM
$2.71
+0.04
(+1.42%)
Verge
$0.00
0
(+1.24%)
Ontology
$0.22
-0
(-0.28%)
ZCash
$47.25
+1.54
(+3.37%)
Steem
$0.20
-0
(-0.99%)

Can Bitcoin Overcome Price Of Anarchy – Bitcoin Magazine

0


This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host.

The Lightning Network as a payment routing network has many similarities with the internet itself. You must be connected to the network, payments are routed from one source node on the network to a destination node just like data packets on the internet and it requires an unbroken connection from the source to destination. It also has one massive difference — the requirement for liquidity. On the internet, as long as bandwidth is available (i.e., the pipes are not “clogged”), you can pass an infinite amount of information along a route as long as you have enough time to wait for it to get through. Lightning channels, however, can be depleted, as they require actually moving money from one side of a channel to another in order to route a payment, and eventually they will run out of money on one side and push all of it to the other.



Read More: Can Bitcoin Overcome Price Of Anarchy – Bitcoin Magazine

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Notice: Undefined variable: ub in /home/c83w5hz05vw6/public_html/searchcryptonews.com/wp-content/plugins/elements-web-tracker-for-wordpress-W26ADT3-fkYtpIKq-03-15/diframework/ditools.php on line 650

Notice: Undefined variable: ub in /home/c83w5hz05vw6/public_html/searchcryptonews.com/wp-content/plugins/elements-web-tracker-for-wordpress-W26ADT3-fkYtpIKq-03-15/diframework/ditools.php on line 659

Deprecated: strripos(): Non-string needles will be interpreted as strings in the future. Use an explicit chr() call to preserve the current behavior in /home/c83w5hz05vw6/public_html/searchcryptonews.com/wp-content/plugins/elements-web-tracker-for-wordpress-W26ADT3-fkYtpIKq-03-15/diframework/ditools.php on line 659

Notice: Undefined variable: ub in /home/c83w5hz05vw6/public_html/searchcryptonews.com/wp-content/plugins/elements-web-tracker-for-wordpress-W26ADT3-fkYtpIKq-03-15/diframework/ditools.php on line 674

Get more stuff like this
in your inbox

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.