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Tag: Sprites

Sprites: An Improvement on the Lightning Network

Category: Bitcoin, Ethereum, News, Tech

Sprites: An Improvement on the Lightning Network

Four cryptocurrency researchers from UIUC, Cornell, Microsoft, and Newcastle University released a paper on February 19 describing a solution for scaling blockchains using state channels which in theory would be faster than the Lightning Network model. They are calling it “Sprites.” Presently, Bitcoin is approaching maximum capacity and might soon be unable to support the amount of transactions that users…

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