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patrick.miller
Nickel Bitcoiner
Nickel Bitcoiner
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Sergio D. Lerner, Chief Scientist at RSK Labs presents the Lumino Transaction Compression Protocol & BTC soft-fork idea

Wed Mar 01, 2017 8:11 pm

Abstract Summary:

In this paper we present the Lumino Transaction Compression Protocol (LTCP),
a key part of the Lumino Network, the RSK’s off-chain payments network. The
LTCP protocol allows a higher volume of on-chain of transactions than
traditional blockchains for the same blockchain space consumed. The LTCP
protocol is an improvement to the RSK platform for reaching 2000 on-chain tps.
However, LTCP can also be implemented as a soft-fork to Bitcoin, increasing
Bitcoin throughput to 100 tps or even more, depending on the usage pattern.
The LTCP protocol could enable the Lumino Network to reach one billion active
users.

Link to paper: https://www.docdroid.net/QHJX8Ml/lumino ... p.pdf.html

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