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Bitcoin's Lightning Torch Global Transaction Hits Iran After Censorship Concerns

From bitcoinist.com

The Lightning Torch transaction relay using Bitcoin’ and the Lightning Network has crossed the border to Iran, days after complaints about censorship among participants. Lightning Torch, which involves Bitcoin users passing around a transaction on the Lightning Network, adding funds and sending it forward, has gained significant interest since it began its journey in January. The brainchild of the Twitter user known as hodlonaut, over 230 people have now held the ‘Torch,’ which emanates the Olympic Flame. Despite being designed to prove the borderless, decentralized qualities of both Bitcoin and Lightning for ... (full story)

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  • Category: Fundamental Analysis