Bitget Partners with Sumsub to Enhance AIDriven KYC Verification Combatting Deepfake Fraud
The Lightning Network has solved multiple issues troubling cryptocurrency trading. First, it addresses the problem of slow transaction confirmation speeds, where higher fee payers are currently prioritized, leading to longer wait times for lower fee payers. Secondly, it aims to reduce the high energy costs of proposing transaction blocks. Finally, by using smart contracts and multi-signature as core components, the network ensures that designated recipients securely receive their funds, guaranteeing efficient fund allocation through channels. Currently, Bitget users can choose the Lightning Network as a new option for depositing or selling Bitcoin.
