RATE Group | BCH Devs Publish Bi-Directional Payment Concept Based on IPFS
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BCH Devs Publish Bi-Directional Payment Concept Based on IPFS

17 Dec BCH Devs Publish Bi-Directional Payment Concept Based on IPFS

Posted at 10:44h in Bitcoin News by

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BCH Devs Publish Bi-Directional Payment Concept Based on IPFS

Technology & Security

On Friday, Openbazaar and Bchd developer, Chris Pacia, revealed a new Bchd project feature currently in the making that would allow for Bitcoin Cash-based bi-directional payment channels. Moreover, in contrast to the Lightning Network, the Bchd developers explained that the team has created an overlay network based on the Inter-Planetary File System (IPFS).

Also Read: A Look at Some of 2018’s Most Popular Cryptocurrency Traders

A Generic Overlay Network Based on IPFS Built for Bitcoin Cash  

BCH Devs Publish Bi-Directional Payment Concept Based on IPFSThe Bchd developer Chris Pacia has published a Medium post explaining a new bi-directional payment channel protocol for the Bitcoin Cash (BCH) network which they hope will be complete by early next year.

Pacia and fellow contributors at the Bchd…

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