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Lightning Network News

What is Lightning Network? The Lightning Network is a Bitcoin scalability solution. The Bitcoin Lightning Network operates as a layer-two transaction network involving payment channels separate from Bitcoin’s main blockchain, with transactions eventually being settled on the main blockchain.

Bitcoin can only handle approximately seven on-chain transactions per second, as opposed to some mainstream credit cards that frequently handle north of 1,000 TPS. Bitcoin transactions on the Lightning Network often cost less than on-chain transactions. Thanks to the Lightning Network, Bitcoin has added versatility amid increasing use. The Lightning Network white paper was first released in 2015, but its most recently updated version was released in 2016 and remains in draft form.

Top News

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The Fold app, a mobile shopping app that supports the Bitcoin Lightning Network, has added a fiat currency payment option following a $2.5 million investment.

Fold App Raises $2.5M to Bring Bitcoin Lightning Payments to Starbucks

2019-09-25T15:51:00+01:00

5725

Olympus set for 2020 rollout as architects vent fury at the poor quality of Coinbase and BitPay’s Bitcoin buying service.

Zap Dev: Use Lightning Network to Buy Bitcoin — Avoid Coinbase, BitPay

2019-09-20T12:23:00+01:00

8994

In order to avoid the risk of losing funds, Lightning Network users are advised to upgrade their LN versions.

Lightning Labs CTO Confirms LN Vulnerabilities ‘Exploited in the Wild’

2019-09-10T20:27:00+01:00

2909

Casa, a Bitcoin-focused services and hardware firm, released a mobile wallet app for both Android and iOS users.

Casa Adds iOS and Android Support for Sats Mobile Wallet

Adrian Zmudzinski

2019-09-07T17:22:00+01:00

3747

The capacity of the Lightning Network is decreasing, and the Bitcoin community is once again embroiled in a debate about scaling. But is it as serious as it see...

Lightning Network Proving Less Electric for Bitcoin Than Promised

Nikolai Kuznetsov

2019-09-01T16:48:00+01:00

9007

Australian software programmer Rusty Russell warns users of security issues found in various Bitcoin’s Lightning Network projects, urges to update the software.

Australian Coder Warns Users of Lightning Network’s Vulnerabilities

Adrian Zmudzinski

2019-08-31T17:38:00+01:00

6883

Andreas Antonopoulos, Olaoluwa Osuntokun and René Pickhardt announced their plans to co-author a new “Mastering Lightning Network” book.

Andreas Antonopoulos Announces New 'Mastering Lightning Network' Book

Adrian Zmudzinski

2019-08-29T12:20:00+01:00

4690

Blockchain company Blockstream rolled out a new open-source version of c-lightning, its Bitcoin Lightning Network implementation.

Bitcoin Lightning Network Implementation C-Lightning Gets an Upgrade

2019-08-21T07:15:00+01:00

3239