News Explorer — Various Proposals Aim to Enhance or Replace Mechanisms Within the Lightning Network for Scalability

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Aug 13, 4:45 pm

bitcoinmagazine.com

Various Proposals Aim to Enhance or Replace Mechanisms Within the Lightning Network for Scalability

The Lightning Network is a network of payment channels where users lock bitcoin into a multisignature address and update balance distributions off-chain. Different proposals like timeout trees and LN-Symmetry aim to enhance or replace existing mechanisms within the network.

The Lightning Network is a network of payment channels where users lock bitcoin into a multisignature address and update balance distributions off-chain. Different proposals like timeout trees and LN-Symmetry aim to enhance or replace existing mechanisms within the network.

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