MIT Is Testing A Smart Contract-Powered Bitcoin Lightning Network

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MIT Is Testing A Smart Contract-Powered Bitcoin Lightning Network



An MIT check is offering a uncommon glimpse of how bitcoin would possibly actually work at scale.
Revealed to CoinDesk final week, the celebrated U.S. college has been quietly demoing an experimental use case for bitcoin’s lightning community, one which showcases the way it may be mixed with sensible contracts to not solely deal with tens of millions of transactions, however accomplish that with a better diploma of complexity.
Modeled inside the college’s Digital Foreign money Initiative, began in 2015 as a option to additional R&D on cryptocurrencies, the check envisions a system whereby transactions would happen routinely within the case

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