RATE Group | Stellar (XLM) Still On Track to Implement Lightning This December
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Stellar (XLM) Still On Track to Implement Lightning This December

25 Sep Stellar (XLM) Still On Track to Implement Lightning This December

Posted at 21:07h in Ethereum News by

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Back in mid March this year, the team at Stellar (XLM) announced that they had decided that the Lightning protocol was the best long term scaling solution for its network. The team noted that scalability was one of the most debated issues in many blockchain projects and they were approaching it with an open mind on Stellar. Core to their goal was to improve the user’s experience in terms of speed, throughput and privacy/security.

About Lightning

The team went on to elaborate how Lightning works:

Lightning is a scaling solution for distributed payment networks, originally proposed for the Bitcoin blockchain. Lightning is designed to allow users to make off-chain payments through routers and hubs. Lightning even has the potential to support cross-protocol payments, such as a payment where the sender sends Bitcoins on the Bitcoin network and the recipient receives lumens on the Stellar network, without having to trust any parties in between.

Lightning is constructed from building…

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