Security

By jdl11 , 8 October 2018

Blockchains in cryptocurrencies allow users to exchange funds securely. However, their performance is limited by their need to achieve consensus for all payments. To overcome this, blockchain payment networks, such as the Lightning Network and Raiden, have proposed forming a second layer on top of the blockchain to allow payments to be executed off-chain, without writing to the blockchain for every transaction, thus enabling much higher transaction throughput with lower latency.