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2019-02-06 16:20:58

Twitter CEO Jack Dorsey Engages in Bitcoin Lightning Network ‘Torch’ Experiment

Jack Dorsey has taken part in a ceremonial usage of Lightning Network “for the laughs.” The idea mimics the Olympic torch. Participants pass microscopic amounts of Bitcoin around the Lightning Network, using Lightning-enabled wallets to generate and pay invoices. Dubbed the #LNTrustChain, the experiment demonstrates that Ligthning Network can send tiny amounts of Bitcoin. Each participant receives the full amount of the torch and adds 10 Satoshi to it. They then pick another person and the “trust chain” gets longer. The experiment even has a website. The first transaction was for 100 Satoshi. By the time it got to Dorsey, The post Twitter CEO Jack Dorsey Engages in Bitcoin Lightning Network ‘Torch’ Experiment appeared first on CCN