Deaton announced his status as an angel investor and chief legal officer for ‘Spend The Bits.’
An important security hole was found in Lightning, prompting one developer to leave.
John Deaton, an attorney and cryptocurrency advocate, has said that the ‘Spend The Bits’ protocol on the XRP Ledger (XRPL) is superior to the Lightning Network. Lightning is Bitcoin’s layer-2 scalability solution. Off-chain, peer-to-peer transactions are enabled, which increases Bitcoin’s scalability and efficiency.
Deaton announced his status as an angel investor and chief legal officer for ‘Spend The Bits’ in a post on Twitter on October 21.
Let me be clear and transparent: I am now involved in @Spend_The_Bits as an angel investor and serve as its Chief Legal Officer. Therefore, please accept my comments with that in mind. But a major reason I invested in @Spend_The_Bits, or stated more accurately, invested in… https://t.co/aheyTxjGxp
— John E Deaton (@JohnEDeaton1) October 21, 2023
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We współpracy z: https://thenewscrypto.com/pro-xrp-attorney-john-deaton-criticizes-lightning-network/
