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Code Life

Hard Fork, Soft Fork And the blockchain Concept

Encrypted currencies, such as Bitcoin, use blockchain. This decentralized and open-source system can also be found in other digital currencies. A fork causes the blockchain‚Äôs underlying protocol to change. To understand this, you need to know what a blockchain Hard Fork & Soft Fork are and how important they are. What Is A Blockchain Fork?…Continue readingHard Fork, Soft Fork And the blockchain Concept

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Bitcoin

Bitcoin Lightning Network And A Simple Review Of This Network

The Lightning Network, or LN for short, is the second layer added to the Bitcoin network. This technology uses micropayment channels. This network allows transactions to be made outside the blockchain network. This feature increases the efficiency of transactions on the network and provides lower fees and faster transactions. Also, Lightning Network reduces congestion by…Continue readingBitcoin Lightning Network And A Simple Review Of This Network