Lightning Network
By CoinGecko | Updated on Mar 03, 2020
It is the "second layer" or an off-chain of payment protocol that operates on top of a blockchain. It works on a peer-to-peer platform. The layer depends on bidirectional payment channels that do not need block confirmation and the payment will be instant..
Related Terms
Margin Call
Margin call takes place when investor's margin account falls below the required amount to stay afloat.
Central Bank Digital Currency (CBDC)
It is a digital fiat currency issued by the central banks, contrary to cryptocurrency that issued by non-legislative party.
Multisignal (multi-signature)
They are wallets that require more than one key for transactions to be authorized.
Batch Auction
A Batch Auction distributes an amount of tokens to users that is proportional to their contribution to the pool.
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