Sentences with phrase «duplex micropayment»
Later that same year, researchers from the technical university in Zurich (ETH Zurich), Dr. Christian Decker (now at Blockstream) and Roger Wattenhofer, proposed yet another overlay network design in their white paper «A Fast and Scalable Payment Network with Bitcoin Duplex Micropayment Channels.»
http://links2exchange.net/
Akselrod's solution, the later drafts of Amiko Pay, and Duplex Micropayment Channels (DMCs) were all similar to the Lightning Network in some ways, and could have worked in their own right by making different trade - offs.
In Decker's view, off - chain protocols, such as the Lightning Network or Duplex Micropayment Channels, are desirable for long - term scalability because they evolve much faster and do not rely on consensus from the entire ecosystem to enable.
A similar proposal was put forth by researchers are the Distributed Computing Group of ETH Zurich in a September white paper on Duplex Micropayment Channels (DMC).
Prominent Bitcoin enthusiast and proposer of «duplex micropayment channels,» Christian Decker, announced on Twitter today that he will be joining the Blockstream team to work on L2 protocols.