Mikhail NikulinLIGHTNING NETWORK. Why it won’t work.In my previous posts I described the basic principles of Lightning Network. Let me remind you that LN is positioned as the most promising…Aug 21, 20184Aug 21, 20184
Mikhail NikulinLIGHTNING NETWORK. How the network is built?In the last post I told you about what the payment channel is. Today I’d like to explain how the Lighting Network is built based on these…Jul 25, 2018Jul 25, 2018
Mikhail NikulinLIGHTNING NETWORK. What is a payment channel?In one of my previous posts I’ve promised to tell you more about Lightning Network which is considered as a way of making blockchain work…Jul 8, 2018Jul 8, 2018
Mikhail NikulinSMART CONTRACTS. Can they do anything?When people discover idea of smart contracts for the first time, they think that smart contracts can do almost anything: give out a loan…Jun 28, 2018Jun 28, 2018
Mikhail NikulinCONSENSUS in anonymous networkHow to reach consensus in an anonymous network?Jun 10, 2018Jun 10, 2018
Mikhail NikulinBLOCKCHAIN WITHOUT BITCOIN?Today I’d like to contradict one more mistaken opinion that is widespread especially among some public authorities. They claim that…Jun 10, 2018Jun 10, 2018
Mikhail NikulinLIGHTNING NETWORK. Lykke’s experienceLast time we looked at the problem of reaching consensus which is the key reason of poor blockchain scalability for real business use…Jun 10, 2018Jun 10, 2018
Mikhail NikulinBLOCKCHAIN. In consensus we trust. Part 2.The point of the previous post was that the blockchain technology is just a skeleton and consensus is the magic that makes this technology…Jun 10, 2018Jun 10, 2018
Mikhail NikulinBlockchain. In consensus we trust.The most dissapointing misbelief I’ve ever met about the blockchain technology is the misunderstanding of the its original purpose.Jun 9, 2018Jun 9, 2018
Mikhail NikulinLykke Exchange. How we started.Just as a reminder from the previous post — Lykke was supposed to be semi decentralized exchange. We put the safety of clients’ money…Jun 9, 2018Jun 9, 2018