Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.
With this, products from Chainalysis como Know Your Transaction will be available for Lightning Network, which are already in line with international standards set by the GAFI.
Chainalysis, the platform a place to buy, sell and store cryptocurrency for data and research based onBlockchain, announced that it will add support forLightning Network a network refers to all nodes in the operation of a blockchain at any given moment in time. deBitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. in February next year.
Chainalysis will add support for Lightning Network
De acuerdo con información publicada por la compañía, esta integración permitirá que el software de Chainalysis, Know Your Transactionis now available to businesses that process payments.BTC viaLightning Network, This will allow user entities to ensure that their transactions comply with international standards to avoid criminal acts.
In this regard, theChainalysis indicó que las medidas aplicables dentro de su producto Know Your Transaction adopt the provisions set out by theFinancial Action Task Force (FATF), la cual actualizó dichos principios a finales de octubre de este año, por lo que los operadores de servicios comerciales asociados a criptomonedas estarán cumpliendo con los estándares dispuestos por una de las instituciones más importantes en el escenario global, sin que esto traiga consigo cambios en la experiencia para los usuarios de Lightning Network.
With regard to these and other changes, the product manager forChainlaysis, Pratima Arora, comentó:
“The Lightning Network solves many of the challenges that prevent the Bitcoin protocol the set of rules that define interactions on a network, usually involving consensus, transaction validation, and network participation on a blockchain. from being used for micropayments and other types of transactions that bolster financial inclusion. By enabling customers to support the opposite of Resistance, it is a threshold that crypto’s price doesn’t fall below. transactions via Lightning in a compliant manner, we hope to increase the network’s popularity and help it scale.”
Increased adoption ofLightning Network
As such,Lightning Network is a second-layer solution that officially hit the market an area or arena, online or offline, in which commercial dealings are conducted. in 2018, with which people interested in trading Bitcoin without having to deal with the problems of congestion and high transaction costs could use the digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currency currency is a medium of exchange that defines value. without problems.
According toBitcoin Visuals, the number of nodes that make operations possible via theLightning Network has grown significantly in recent years, especially over the last few years following the adoption seen for digital currency and this solution among a large number of users.
Among the events that have promoted precisely this boom, the officialization of theBTC as legal tender in El Salvador and the integration of tips through Twitter, which has resulted in a 128% increase in the number of nodes in 2021.
- Spiral, a subsidiary of Square, releases new Lightning Network Development Kit
- Bitwage Processes First Bitcoin Payroll Payment via Lightning
- Twitter and Bitcoin tips via Lightning Network will revolutionize known payment systems, says Strike CEO
Version by Angel Di Matteo /DiarioBitcoin