Researchers Develop LNMesh, Enabling Offline Bitcoin Payments via Lightning Network

Researchers Develop LNMesh, Enabling Offline Bitcoin Payments via Lightning Network

The absence of internet connectivity has long been a roadblock for Bitcoin transactions. Whether caused by natural disasters or unreliable infrastructure in certain regions, the lack of internet means that digital payments via cryptocurrencies like Bitcoin are rendered impossible.
A recent research paper, however, offers a potential solution to this predicament through the use of localized „mesh networks.”
Researchers from Florida International University specializing in post-disaster technology have developed a way to facilitate Bitcoin payments offline, utilizing the Lightning Network—a faster, more cost-efficient layer atop the Bitcoin blockchain. Dubbed LNMesh, this concept employs localized mesh networks wherein nodes are directly connected through Bluetooth and WiFi, rather than the internet.
Core Concept
The primary insight from the research is that the existing Lightning Network code and protocols don’t need modification to enable offline transactions. In the course of their

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We współpracy z: https://cryptodaily.co.uk/2023/09/researchers-develop-lnmesh-enabling-offline-bitcoin-payments-via-lightning-network

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