How Trustless Off-Blockchain Transactions Could Solve the Block Size Problem (Op-Ed)

By May 31, 2015Bitcoin Business

Recent innovative ideas and projects, such as micropayment channels and the lightning network , are creating trustless channels between people so they can transact with each other without touching the blockchain. This could not only save time and memory resources, but it could also help solve the block size problem.

The blockchain requires massive memory, which will increase exponentially in the future and cause scalability issues. Developers have had many discussions and debates about increasing […]

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