"New Protocol Makes Bitcoin Transactions More Secure and Faster Than Lightning"

In collaboration with researchers at the IMDEA Software Institute and the Purdue University, the security and privacy research unit at TU Wien analyzed problems associated with Bitcoin transactions such as possible fraud, users' discovery of each other's confidential information, and the occurrence of delays. Then they developed a protocol that improves the speed and security of cryptocurrencies like Bitcoin. This article continues to discuss the current problems with Bitcoin transactions and how the new protocol developed at TU Wien addresses these issues. 

TU Wien reports "New Protocol Makes Bitcoin Transactions More Secure and Faster Than Lightning"

 

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