Post
Topic
Board Bitcoin Discussion
Merits 3 from 2 users
Re: Lightning Network Observer
by
Wind_FURY
on 16/12/2021, 11:09:49 UTC
⭐ Merited by DooMAD (2) ,JayJuanGee (1)

Quote
Today, Chainalysis announced product support for the Lightning Network, a layer 2 protocol built on the Bitcoin blockchain that allows faster, cheaper transactions. With Lightning, small, recurring transactions that wouldn’t be economical to carry out on the blockchain due to transaction fees become feasible, enabling new commercial use cases for Bitcoin.
https://blog.chainalysis.com/reports/lightning-network-support/


Quote

Soon, Chainalysis will support Lightning Network transaction monitoring in KYT! Staying compliant with regulations will be vital as the second layer protocol is adopted and we’re excited to be the first in the industry to offer this support.


https://twitter.com/chainalysis/status/1469317238893289475

It’s not “support” for the Lightning Network. It’s actually surveillance, pretending to help Lightning “stay compliant with regulations”. Although, Lightning users can thank Chainalysis for the liquidity. Cool