Lumino bitcoin

lumino bitcoin

Bitcoin blockchain solution startup, IOV Labs, recently introduced the RIF Lumino Light Client. The new offering "will allow to any DApp or. According to the team, this new solution will improve Bitcoin scalability by over 8 times. An ambitious goal, to say the very least. Combining Lumino with. RIF Lumino allows users to make off-chain payments on any token deployed on RSK in a fast, reliable way, with low fees and secured by the Bitcoin network. MAKING MONEY OFF BITCOIN MINING

The announcement comes soon after the release of RIF Dollar stablecoin. Users have full control over their RIF Dollars, and can freely transfer and store them in a compatible hardware wallet. The RIF Lumino Light Client will grant millions of unbanked mobile users access to micropayments transactions at high speeds and near-zero cost, backed by the unparalleled security of Bitcoin.

Given the compounding of financial pressure and exclusion on the unbanked brought on by this pandemic, and the increasing accessibility of DeFi applications, we expect to see a whole new level of cryptocurrency adoption in the very near future. IOV Labs develops the blockchain technologies needed for a new global financial ecosystem; one that fosters opportunity, transparency, and trust. AP Top News U. Press release content from Accesswire.

The AP news staff was not involved in its creation. May 14, GMT. It creates an extra incentive for miners, that much is evident. For now, the date to note in your agendas is December 4th. Do keep in mind this dare is always subject to change and delays.

This is not the only major development for Bitcoin to come in the next few months. Lumino is similar to the Lightning Network and will be launched in Q2 More specifically, the first layer of this protocol will be launched at that time. According to the team, this new solution will improve Bitcoin scalability by over 8 times. An ambitious goal, to say the very least. Combining Lumino with Rootstock will have some interesting consequences, to say the least. Header image courtesy of Shutterstock.

Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies. We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies. Crypto Prices from Nomics. All Rights Reserved. Advertise Submit a Press Release. Rootstock and Lumino are Coming Soon Do keep in mind the mainnet will still be in beta mode at that time.

Play Now! Could you be next big winner? Tags: bitcoin Bitcoin News Lumino Rootstock scaling. Tweet Share Share Send. Related Posts. The Tennessee Titans 4 hours ago. The Market Yawns 5 hours ago. Premium Partners. Top Brokers. Top Casinos.

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