New fork is planned in the bitcoin network — Bitcoin Lightning.

in bitcoin •  7 years ago 

On the 23 of December, in the bitcoin network may be a new hard-core - Bitcoin Lightning (LBTC). The development of the project is handled by a team of anonymous developers. The separation of the network is planned to be carried out on the block 499 999.

"Lightning Bitcoin is the fork of the bitcoin blockade. By using the mechanism of consensus DPoS and blocks of 2 MB, LBTC will improve the speed of transactions, will promote decentralization and support smart contracts. LBTC combines the advantages of Bitcoin and Ethereum and creates a more valuable and functional token, "the website says.

The launch of the main network is scheduled for December 25, 2017. It is expected that it will support from 1,000 to 10,000 transactions per second.

Smart contracts will be available no earlier than the third quarter of 2018, and the mark of 10,000 TPS developers intend to reach by 2019.

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Ty for good info here, wish you nice day to :)

Thanks for reading and upvoting.