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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

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

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

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Jack Dorsey’s participation in the Lightning Network Trust Chain experiment is seen as considerable endorsement of the nascent technology.

Bitcoin Community Celebrates as Twitter CEO Joins Lightning Network Relay

2019-02-06T08:03:00+00:00

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About $1.7 billion in cryptocurrency was obtained via illicit means in 2018, according to a newly published report.

Research Reveals $1.7 Billion Obtained via Crypto Thefts and Scams in 2018

Adrian Zmudzinski

2019-01-30T12:10:00+00:00

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The Bank of International Settlements has released a contentious report on the future of Bitcoin’s use of the proof-of-work consensus.

BIS Report Questions Longevity, Efficacy of Proof-of-Work Based Cryptocurrencies

Gareth Jenkinson

2019-01-27T13:40:00+00:00

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Unit-e brings a fresh angle to blockchain scalability.

Tipping the Scales: Could Unit-e Finally Break Blockchain’s Scalability Impasse?

2019-01-24T21:50:00+00:00

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Blockchain tech firm Bitfury Group has released a series of new tools for merchants, consumers and developers in a bid to drive wider adoption of the Lightning ...

Bitfury Launches Set of Tools to Drive Lightning Network Adoption

2019-01-23T16:31:00+00:00

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Despite the “crypto winter,” the Bitcoin Lightning Network’s capacity has climbed up to 500 BTC, which is worth around $2 million.

Bitcoin Lightning Network Capacity Surpasses $2 Mln Despite Bear Market

2018-12-24T16:00:00+00:00

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Crypto artist “cryptograffiti” has sold a tiny artwork in a “micro auction” in a bid to promote Lightning Network (LN) micropayments.

Tiny Artwork Sold in Micro Crypto Auction for Lowest Bid of 1 Millisatoshi

2018-12-21T14:34:00+00:00

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An R&D lab at crypto startup TenX has demoed the use of its cross-blockchain protocol to transfer ERC20 tokens for Bitcoin (BTC) using the LN.

Developers Test Cross-Blockchain Protocol for One-Way ERC20-Bitcoin LN Atomic Swaps

2018-12-12T14:51:00+00:00

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