Scalability of the bitcoin network has been a topic of substantial debate for far too long now. The Lightning Network has been tapped as a solution to this problem, despite facing a lot of criticism. Acinq, a French company exploring this technology, created their own spin-off, called Eclair.
On paper, Eclair looks very similar to the proposal BitFury presented in their 2015 whitepaper. Thanks to a strong focus on handling payments in a privacy-centric manner, the Lightning Network remains one of the more sophisticated approaches to solving Bitcoin scalability.
Eclair Is A Stepping Stone Towards The Lightning Network
Moreover, the way nodes handle information is rather unique as well. Despite nodes only able to see a portion of the larger network, they can still figure out a way to send payments. In a way, it provides the system with enough information to move forward, without knowing everything that has gone on with all other transactions in the world.
Acinq has put this concept to the test by setting up various network nodes in the cloud. A thorough period of research indicated these nodes could easily communicate with one another, while also
Read more ... source: LiveBitcoinNews
Advertise on the Bitcoin News
Do you like The Bitcoin News ? Thank you for Support us !