02/12/2018: Bitcoin might be getting easier to use … or at least faster
Buying and selling things with cryptocurrencies is hard. Every time you make any transaction, it's recorded in the blockchain, a digital ledger. That takes up a ton of resources, such as hard drive space. But a new technology called the Lightning Network could offer a way to speed up the process. It's a huge change in how cryptocurrencies could work. Marketplace Tech host Molly Wood spoke about it with Timothy Lee, a reporter at the tech news site Ars Technica.
Buying and selling things with cryptocurrencies is hard. Every time you make any transaction, it’s recorded in the blockchain, a digital ledger. That takes up a ton of resources, such as hard drive space. But a new technology called the Lightning Network could offer a way to speed up the process. It’s a huge change in how cryptocurrencies could work. Marketplace Tech host Molly Wood spoke about it with Timothy Lee, a reporter at the tech news site Ars Technica.
Stories You Might Like
The future of this podcast starts with you.
Every day, the “Marketplace Tech” team demystifies the digital economy with stories that explore more than just Big Tech. We’re committed to covering topics that matter to you and the world around us, diving deep into how technology intersects with climate change, inequity, and disinformation.
As part of a nonprofit newsroom, we’re counting on listeners like you to keep this public service paywall-free and available to all.
Support “Marketplace Tech” in any amount today and become a partner in our mission.
