Chainalysis Launches Support for the Lightning Network | Dofollow Social Bookmarking Sites 2016
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Chainalysis, the blockchain data platform, today announced it will support the Lightning Network, a second layer protocol built on top of the bitcoin blockchain designed to enable fast, low-cost transactions. VASPs, including cryptocurrency exchanges, that use Chainalysis KYT (Know Your Transaction) for real-time transaction monitoring will now be able to compliantly allow deposits and withdrawals of Bitcoin from a Lightning node.