Tag: payment Channel

Bitcoin Lightning Network User Loses US$30,000

On paper, the Lightning Network is designed to make Bitcoin a lot more versatile. The world’s leading cryptocurrency struggles when it comes to smaller transactions and payments. With the LN technology, that situation can be rectified in the near future. However, there are still users who lose money using this technology due to force-closing payment channels the wrong way.  What Went Wrong? A recent Reddit thread confirmed how one Bitcoin …
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