WeAreBitcoin on Nostr: š Just published an insightful piece on the Enigma Network and its potential to ...
š Just published an insightful piece on the Enigma Network and its potential to revolutionize Bitcoin scalability.
š Enigma introduces a unique 'Settlement Layer' between Bitcoin's main chain (L1) and second layer solutions like the Lightning Network (L2). This enables batch transactions that can execute on both chains simultaneously, increasing efficiency, and reducing workload.
š With Enigma, benefits such as enhanced safety, expressivity, privacy, and efficiency of Bitcoin transactions become a reality. It's also paving the way to address the challenge of rising transaction fees.
š” Features like 'Payment Pools' and 'Transaction Aggregation' along with Decentralized Mining Pools (dpools) bring a new level of efficiency and privacy to Bitcoin transactions.
For a deep-dive into this topic, don't miss out on our full report:
https://independentacademy.org/enigma-for-dummies-an-insight-into-scaling-bitcoin-like-never-before/#Bitcoin #EnigmaNetwork #Blockchain #Scalability #Cryptocurrency
Published at
2023-05-31 04:57:09Event JSON
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"content": "š Just published an insightful piece on the Enigma Network and its potential to revolutionize Bitcoin scalability.\n\nš Enigma introduces a unique 'Settlement Layer' between Bitcoin's main chain (L1) and second layer solutions like the Lightning Network (L2). This enables batch transactions that can execute on both chains simultaneously, increasing efficiency, and reducing workload.\n\nš With Enigma, benefits such as enhanced safety, expressivity, privacy, and efficiency of Bitcoin transactions become a reality. It's also paving the way to address the challenge of rising transaction fees.\n\nš” Features like 'Payment Pools' and 'Transaction Aggregation' along with Decentralized Mining Pools (dpools) bring a new level of efficiency and privacy to Bitcoin transactions.\n\nFor a deep-dive into this topic, don't miss out on our full report: https://independentacademy.org/enigma-for-dummies-an-insight-into-scaling-bitcoin-like-never-before/\n\n#Bitcoin #EnigmaNetwork #Blockchain #Scalability #Cryptocurrency\n\nhttps://nostr.build/i/6a7b18a5782411185903c265e26b78efe380b9013d59fdfa2f2049382c66a747.jpg",
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