Phrases with «lightning nodes»

Lightning nodes are part of a technology called the Lightning Network, which is used to make faster and cheaper transactions with cryptocurrencies like Bitcoin.
A lightning node is like a digital connection point that allows people to send and receive money on this network. It helps to speed up transactions by bypassing the slower and more expensive process that occurs when relying solely on the main blockchain. So, lightning nodes help in making cryptocurrency transactions quicker and cheaper. Full definition

Sentences with «lightning nodes»

  • But he was confused as to why anyone would attack other lightning nodes without the lure of monetary gain. (coindesk.com)
  • He was somewhat confused as to why anyone would attack lightning nodes even if they wouldn't gain anything from it. (blokt.com)
  • Around the same time, a handful of developers reported lightning nodes crashing, temporarily stopping them from sending payments using the technology designed for faster, cheaper bitcoin transactions. (coindesk.com)
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