Bitfury’s Lightning Peach team has just announced the implementation of Lightning Network payments on cryptocurrency exchange BTCBIT. This is the result of an ongoing collaboration between the two companies. Fast (And Cheap) As Lightning Lightning Network is a second-layer protocol, utilizing a large network of open two-party channels, to enable multiple payments, without the need to record each one individually to the underlying Bitcoin blockchain. This circumvents Bitcoin’s transaction rate limit, allowing faster transactions andRead MoreThe post Bitfury Brings Lightning Network Payments to the First Bitcoin Exchange appeared first on Bitcoinist.com.
