Please note, this is a STATIC archive of website cointelegraph.com from 17 Oct 2021, cach3.com does not collect or store any user information, there is no "phishing" involved.

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.

Interview
Meet Laszlo Hanyecz, the first person to conduct a Bitcoin transaction for a physical item—10,000 BTC for 2 pizzas back in 2010.
Bitcoin Pizza Guy: Laszlo Hanyecz on Why Bitcoin Is Still the Only Flavor of Crypto for Him
Molly Jane Zuckerman
2018-05-27T23:40:00+01:00
74084
News
Economist Alex de Vries calculates the amount of energy used by specific Bitcoin miners in their lifetime, concluding that their energy use is a “big problem”.
Bitcoin Mining To Use 0.5% Of World’s Energy By End Of 2018, Peer-Reviewed Research Shows
Molly Jane Zuckerman
2018-05-17T14:27:00+01:00
23192
News
HTC reveals plans to release a multiple blockchain-powered smartphone to allow customers to “truly own their data.”
HTC Reveals Plans To Launch Blockchain-Powered Smartphone
Helen Partz
2018-05-16T00:37:00+01:00
16219
Analysis
With 17 of a total 21 mln Bitcoin mined - let’s take a look at what will happen when we reach that milestone in over a century.
A Glimpse Into The Future - What Happens When There Are No More Bitcoin To Mine?
Gareth Jenkinson
2018-05-06T13:03:00+01:00
152775
Analysis
DEX or ERC20 and Lightning Network? What does a cryptocurrency exchange future look like?
Decentralized Exchanges, Off-Chain Atomic Swaps, And A Brief Look Into The Future
Guest Author
2018-04-20T02:47:00+01:00
38727
News
Lightning Labs CEO Elizabeth Stark subverts the popular Blockchain over Bitcoin narrative, saying Bitcoin itself is the “killer app.”
Lightning Labs CEO Challenges Blockchain Over Bitcoin Narrative
Marie Huillet
2018-04-09T15:36:00+01:00
16901
News
Roger Ver and Samson Mow’s discussion about Bitcoin scaling turned into a war of words at Deconomy 2018, annual Blockchain forum.
Roger Ver vs Samson Mow: Passionate Debates On Bitcoin Scaling At Deconomy 2018
Ana Alexandre
2018-04-06T03:31:00+01:00
39533
News
A further milestone for the Bitcoin Lightning Network sees the first Android wallet up go live.
Bitcoin Lightning Network Sees First Android Mobile App Hit Google Play
William Suberg
2018-04-05T13:37:00+01:00
30398

Follow us on Facebook