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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.

The Lightning Network will be “highly centralized,” developer Gavin Andresen has said.
Lightning Network Will Be Highly Centralized: Gavin Andresen
William Suberg
2017-08-16T16:01:34+01:00
8456
Blockstream has hinted its flagship product will involves satellites upon release, leading to industry-wide speculation.
Bitcoin Satellites? Blockstream Hints at “Coming” First Release
William Suberg
2017-08-14T09:24:37+01:00
15534
Bitcoin developer and Ethereum co-founder Vitalik Buterin have co-introduced Plasma, a scaling framework for the Ethereum Blockchain.
Vitalik Buterin, Bitcoin's Lightning Network Author Reveal Ethereum Scaling Plans: Analysis
Joseph Young
2017-08-11T13:48:00+01:00
29843
Many in the Bitcoin community want a distributed network, rather than a decentralized one. The scalability crisis, also known as "Bitcoin's civil war" stems fro...
SegWit Locked-in, But Questions Remain About Bitcoin's Level of Decentralization
David Dinkins
2017-08-08T21:27:00+01:00
18713
Bitcoin price surges to new all time high just two days before the activation of Segregated Witness, markets appear highly optimistic
Bitcoin Price Breaks All Time High Less Than Two Days Before SegWit Lock-in
David Dinkins
2017-08-07T14:27:00+01:00
31626
On August 5, less than four days after the Bitcoin Cash (BCH) hard fork, Bitcoin price surged drastically within a 24-hour period, recording a new all-time high...
Bitcoin Price Explodes to $3,212 New All-Time High, Factors
Joseph Young
2017-08-05T13:01:02+01:00
39700
Adam Back says the Bitcoin community should deploy a “moratorium” on SegWit2x to avoid a second fork.
Delay SegWit2x 6 Months to Work on SegWit, Lightning: Adam Back
William Suberg
2017-08-02T14:25:00+01:00
11476
If this momentum is sustained even as the scaling issue gets resolved once and for all, a new tranche of smart investor money could be injected into the ecosyst...
SegWit Activation Could Potentially Bring In New Investors
Olusegun Ogundeji
2017-07-24T18:30:00+01:00
12310

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