Currently, there are more and more tests on Bitcoin Lightning Network. Industry startup Colu has released a demo application showing how Lightning Network can be compatible with colored coins. Combining the concept of colored coins with Lightning Network means that more assets can achieve ultra-high frequency transactions. Users can now use Colu's demo application to send test transactions through the "off-chain" network, which may provide the first user experience of the Lightning Network project. It is reported that the Colu team has reached a cooperation with the startup Lightning Labs to adjust its existing code to make it compatible with colored coins. So the question is, is it really necessary to have a mortgage record with almost unlimited transferability? Colu co-founder Mark Smargon said he believes the feature could help solve a big problem with colored coins, but he acknowledged that it may not be used in every use case. He told reporters:
He believes that the most applicable use case at present is local currency, which has become a major focus of Colu. The interface that implements this idea A few years ago, we saw a debate about the size of a field in Bitcoin code (called But it has become a controversial idea because OP_RETURN could bloat the blockchain and harm the overall scalability of the blockchain. Making colored coins compatible with an off-chain platform, as Smargon suggests, could allow transactions to scale from about three per second to millions. It is reported that once you click on this demo page, a new Lightning Network account will be automatically created (with a random string of numbers, called a "Lightning Network ID"), which will give the user a test fund of $5,000, and then the user can transfer funds through Colu's compatible version of the Lightning Network. Need to wait for quarantine verification to be implementedIt is reported that this demo application is run on the private Bitcoin network "simnet" simulated by Colu. Smargon said this is the same as running on the Bitcoin test network, and his team is ready to apply its products to the real Bitcoin network, but this will at least have to wait until Segregated Verification is implemented. |
<<: Bitcoin price hits 3-year high, RMB continues to fall may be the main reason
Nowadays, there are more and more villains. They ...
If there is only one line on the first dividing l...
Eyelids are divided into single eyelids and doubl...
Is it good to connect the career line and the wis...
If a woman has a face that will bring bad luck to...
In real life, some women have no idea what women&...
Japanese entertainment giant DMM Group, operator ...
When fresh and juicy little leeks rush into the c...
The 12 Palaces of Physiognomy: Parents Palace The...
What kind of nose is most likely to leak money? 1...
Nowadays, some people have good personalities and...
If you want to get along well in this society, yo...
Moles and zodiac signs can both interpret a perso...
Acne tells you where you are sick. How to treat a...
Eyebrows pressing on the eyes means that the eyeb...