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Beam developers are considering implementing the Lightning Network
The cryptocurrency privacy-oriented development team Beam has published a plan to create a Mimblewimble-compatible Lightning Network protocol. Mimblewimble compatible Lightning Network https://t.co/2bCa4409nt #mimblewimble #SovereigntyByDesign – @Beamprivacy (@beamprivacy) February 12, 2019 So, representatives of the project claim that transaction processing speed in the Beam network three times higher than that of […]
The cryptocurrency privacy-oriented development team Beam has published a plan to create a Mimblewimble-compatible Lightning Network protocol.
Mimblewimble compatible Lightning Network https://t.co/2bCa4409nt #mimblewimble #SovereigntyByDesign
– @Beamprivacy (@beamprivacy) February 12, 2019
Thus, the project representatives claim that the processing speed of transactions in the Beam network is three times higher than that of Bitcoin, but it still cannot compete with large processing. Decisions of the second layer, in their opinion, should increase the commercial attractiveness of the coin.
Earlier, Litecoin developers were interested in the implementation of the Mimblewimble protocol.
It is noteworthy that CEO Square Jack Dorsey also announced the upcoming support for the Lightning Network in the Cash App.
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