Today news
About the same in other media
A Non-Custodial Bitcoin Interest Rate Account? Lightning Network May be the Answer
Reading now: 991
A long-held view in both crypto markets and traditional financial markets is that in order to earn an interest on one’s assets, custody of those assets must be given up to a third-party. But with bitcoin (BTC)’s Lightning Network (LN), a new model for earning a non-custodial “Lightning Network Reference Rate” (LNRR) has emerged, one author argues.
According to Nik Bhatia, an adjunct professor of finance at the University of Southern California and author of the book Layered Money, the market for so-called routing fees on bitcoin’s Lightning Network could in the future serve as the first form of “counterparty-free income” for owners of capital.
“The smart contracts within LN allow its participants to establish a market for routing fees, and
Read more on cryptonews.comAbout this in other media
A New Collaboration Expands Fundraising Opportunities: Synapse Network Partners with Constellation cryptonews.com /3 years ago
'Brad Sherman Meme Coin Ecosystem' Grows as Hamster Pumps and Mongoose Joins the Party cryptonews.com /3 years ago
Bitcoin hash rate returns to all-time high levels cointelegraph.com /3 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
