Why is Decred’s client-side SPV the perfect home for the Lightning Network?
Decred — Money Evolved
The Lightning Network (LN) has achieved the monumental target of processing thousands of transactions per second at the cost of a single atom per transaction (0.00000001 DCR). But is it to have this functionality in a lightweight non-custodial wallet?
The answer is yes, it’s already been built and is functioning as intended. Checkout Bison Relay to learn more.
But what about the anti-Lightning Network narratives? Popular voices in the crypto space are suggesting that the Lightning Network doesn’t work, can’t achieve its goals, and only has full functionality when used through custodial wallet providers. Is this false information?
Decred is Money Evolved. By combining battle tested Proof-of-Work with an innovative take on Proof-of-Stake that places coin holders in charge of shaping the future, Decred is able to adapt to challenges and innovate at a rapid pace. You acquire influence in Decred by putting “skin in the game”. Decred’s security, privacy, scalability, and decentralized treasury empower stakeholders and provides them with the tools needed to enhance their financial sovereignty.
Find out more about Decred: https://decred.org
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