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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.

News
Stalwart if controversial Bitcoin community subreddit “/r/Bitcoin” has hit the one million subscriber mark.
Subreddit /r/Bitcoin Hits One Million Subscriber Milestone
Marie Huillet
2018-12-03T12:35:00+00:00
4112
Analysis
The biggest Bitcoin block to date has been mined! But although it is the biggest block, it had about 1,400 fewer transactions than the average block on the Bitc...
The Current State of the Bitcoin Network and Its Biggest Block
Patrick Thompson
2018-09-26T09:50:00+01:00
15686
News
A group of BTC developers has launched an initiative in order to deal with BTC scaling and high transaction fees issues.
Newly Launched Bitcoin Optech Initiative Aims to Address BTC Scalability Issue
Ana Alexandre
2018-07-20T19:57:00+01:00
23666
News
CoinGate, a payment gateway, will allow 100 merchants to trial a Bitcoin Lightning Network version of their service.
Payment Service CoinGate Launches Bitcoin Lightning Network Pilot for 100 Merchants
Molly Jane Zuckerman
2018-07-10T17:25:00+01:00
16998
Analysis
Bitcoin is the most used cryptocurrency as money, but its rivals are more usable.
Bitcoin vs Altcoins: Which Cryptocurrency Is the Most Usable as Money?
Simon Chandler
2018-07-09T07:45:00+01:00
51455
Analysis
A study suggesting that the Lightning Network struggles to route payments, especially larger amounts, has been called ‘bullshit.’
Lighting Labs Co-Founder and Bitcoin Developers Slam Study on Lightning Network
Darryn Pollock
2018-06-29T21:12:00+01:00
23071
News
A recent study by Diar reveals that the Lightning Network protocol struggles to process large amounts.
Study: Low Reliability for Successfully Routing Payments on Lightning Network
Ana Alexandre
2018-06-28T03:37:00+01:00
17018
News
A Portuguese software engineer has created ‘Poketoshi,’ a platform that allows users to play Nintendo’s popular Pokémon game on Bitcoin’s Lightning Network.
'Poketoshi' Game Brings Nintendo's Pokemon Onto Bitcoin Lightning Network
Marie Huillet
2018-06-19T14:55:00+01:00
17892

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