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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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'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

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HadePay now features Bitfury’s Lightning Peach API, allowing merchants to accept Lightning Network transactions.

Bitfury Brings Lightning Payments to US Payment Gateway HadePay

2019-03-15T09:46:00+00:00

3640

Adoption of Bitcoin payments by Kroger and Starbucks may be tipping point for crypto.

The Tipping Point: Kroger, Starbucks May Ignite Retail Crypto

2019-03-11T17:22:00+00:00

13899

Morgan Creek’s Anthony Pompliano has suggested that Kroger’s use the Lightning Network to replace Visa cards as a payment method.

Major US Retailer Kroger Drops Visa, Morgan Creek Digital Suggests Lightning Network

2019-03-04T15:44:00+00:00

6050

Blockchain development company Blockstream has released a new version of its Bitcoin scalability software, c-lightning.

Blockstream Releases Upgrade of Its Bitcoin Lightning Network Implementation

Adrian Zmudzinski

2019-03-02T11:31:00+00:00

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Reid Hoffman inherited the Lightning Torch from Blockstream CEO Adam Back, with the next participant still a mystery.

Ex-PayPal COO Hails Bitcoin ‘Acceleration’ as He Joins Lightning Torch Relay

2019-02-27T19:28:00+00:00

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Financial derivatives company Fidelity Investments has received and passed on the Lightning Torch.

Derivatives Giant Fidelity Investments Receives and Passes on the Lightning Torch

Adrian Zmudzinski

2019-02-23T14:22:00+00:00

11163

Privacy coin Beam has revealed plans to incorporate a Mimblewimble lightning network.

Altcoin Beam Announces Plans to Incorporate Mimblewimble Lightning Network

Miranda Karanfili

2019-02-13T19:23:00+00:00

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Twitter and Square CEO Jack Dorsey said that rolling out the Lightning Network on Square’s Cash App is a question of “when, not if.”

Jack Dorsey Says Cash App Support for Lightning Network a Question of ‘When, Not If’

2019-02-11T19:42:00+00:00

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