The European Central Bank and the Bank of Japan recently released the outcome of the phase 3 of their joint research on distributed ledger technology which includes #LightningNetwork payment channels based on #eltoo! Read the full report here. #Bitcoin http://www.boj.or.jp/en/announcements/release_2019/rel190604a.htm/ …
Happy #TowelDay one and all ... Today we remember and thank the universe for the gift of Douglas Noel Adams 1952-2001, a great friend, a great man.
So dear service providers, don't take our quest for trustless systems as an attempt to remove you from the equation, but take it as a competitive advantage you may want to adopt
Take exchanges for example, if we can create a system in which the exchange doesn't need to take custody of funds it reduces the impact of a potential hack, and the need to regulate correct behavior.
People usually think of trustlessness as a pure end-user benefit. This is only one side of the argument for trustless systems though.
Trustless setups reduce the need for regulation, reducing the burden on service providers as well.
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Athlete, Tennis Player (1981-)
American professional tennis player Serena Williams has won 23 Grand Slam singles titles and several Olympic gold medals.
Serena Jameka Williams (birthed September 26, 1981) is an American expert tennis player presently placed as the 22nd ideal player in the world by the Female 2019 s Tennis Organization (WTA). Williams started intensive tennis training at age 3.