Blockchain, a association behind the world’s many renouned bitcoin wallet, has been sensitively operative on an engaging plan called Thunder. The Thunder network is an choice network of nodes that lets we make off-chain bitcoin payments in seconds and settle behind to a bitcoin blockchain each now and then. And it creates me vehement about bitcoin all over again.
This sounds difficult though it’s utterly neat and could be a absolute creation for bitcoin transactions. But first, let’s take a step back.
If you’ve ever attempted promulgation a integrate of bitcoins from one wallet to another, we know it can take 10 or twenty mins before a blockchain confirms a transaction.
The reason behind this is that a blockchain is a network of servers that share a same record of transactions. When we send dual bitcoins, all a nodes in a blockchain are going to write a line with this transaction so that everybody can endorse that a imagining wallet has mislaid dual bitcoins and a end wallet now has dual additional bitcoins.
This is great, and this is what creates bitcoin totally decentralized. But it’s also slow, tough to