On December 22, four researchers from the Imperial College London and Cornell University, including professor Emin Gün Sirer, released a lightweight trusted execution environment (TEE)-based solution called Teechan, which acts as a high throughput off-chain transaction protocol on top of the original bitcoin network. Structurally and conceptually, it is similar to the Bitcoin Core development team’s Lightning Network, except for one main difference; Teechan relies on hardware...
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