The Lightning Network Is Probably The Most Highly Anticipated Technological Innovation That Will Be Deployed On Top Of Bitcoin. The Payment Layer, First Proposed By Joseph Poon And Tadge Dryja About A Year Ago, Promises To Support A Virtually Unlimited Number Of Off-Chain Transactions Among Users, At Nearly No Cost – While Leveraging The Security Offered By Bitcoin. At Least Three Companies – Poon And Dryja's Lightning, Blockstream And Blockchain – Are Currently Working On Implementations Of ...
Ethereum Holds A Top Position Among The Promising Blockchain Platforms Being Investigated By R3, The Financial Innovation Consortium That Includes More Than 50 Of The World’s Leading Banks. Recently R3 Commissioned Ethereum Creator Vitalik Buterin To Write A Report On Ethereum Design, Upcoming Technical Developments And Applications In Private Systems. Buterin’s Report, Titled “ethereum: Platform Review - Opportunities And Challenges For Private And Consortium Blockchains,” Is Online On R3’s ...
