"Atomic Multi Path" payments help Bitcoin become a giant payment tool

Stunning new schemes and technologies are currently being developed to expand the functionality of Bitcoin as a payment tool. Most recently the new "Atomic Multi Path" payments on Lightning, a system that promotes privacy and decentralization to facilitate payments through the Lightning network.

"Atomic Multi Path" payments on the LIGHTNING network

Betcoin needs to establish itself as a means of making payments quickly, safely and inexpensively. Where new technologies and schemes are being implemented to provide low-value and near-instantaneous payments to KFH. In this regard, Conner Fremkenst and Olawla Osuntokun have proposed a new plan called Atomic Light Path (AMP) on Lightning.

According to AMP supporters, sending AMP payments will provide many benefits, such as improving the privacy of the lighting network intermediaries and providing fees. In particular, both Fremknecht and Ustunukun say they have the answer to the question: "I have five channels, each with $ 2, can I send $ 6 through Atomic Multi Path payments? The answer to this question is "yes", provided that the recipient has to wait for each "HTLC" to be withdrawn until the amount matches their invoices. Usually, one assumes that the receiver will provide a pay segmentation, and the sender will reuse that pay segmentation for all currents. This has a negative side to reuse retail payment over multiple payments (which can easily be linked).

It also has the potential to fail because if the sender fails to meet all payment flows, the recipient can withdraw the funds (and perhaps without the need to service). AMP payments will be made by:

.Do not reuse any of your retail payments across all payment streams.
.Add a strong guarantee that the receiver will not pay him until all partial payment flows are extended. We call this scheme Atomic Multi path Payments.

The aim of the new technologies is to solve the scalability problems of the protein

AMP has now joined a myriad of promising new schemes and technologies to address the scalability of the Betcoin network. Other options include "SegWit", "Schnorr signatures" and "Lightning".

The AMP protocol will operate on the Lightning network, a decentralized system that allows participants to implement non-trust-based payment channels for execution outside the block, with one or several transactions. Where these channels are located outside the Bleuchein Pitcuin, the transactions between the channels are done. Upon completion, these transactions are transferred as a single transaction to the blockin.

The update of Segwit is an important Bitcoin enhancer that can improve the portability of Bitcoin and reduce Bitcoin transaction charges. The Segwit upgrade will also help to improve the softness of the Lightning network. Since its launch in August 2016, developers have increasingly integrated it into Bitcoin's wallets, and many trading platforms have now implemented Segwit. More recently, on 5 February 2018, the "Coinbase" platform announced that the final testing phase had begun and that the Segwit update would be available to customers of the "Coinbase" platform in the next few weeks.

Thus, we conclude that AMP is another scheme that, together with Lightning, is helping to solve the issue of scalability in the Betcoin network. Bitcoin enthusiasts and investors expect AMP to receive support from all digital currency stakeholders and move forward successfully.