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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

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

Bitcoin's $100K price target returns as BTC price breaks out of bull pennant

What Bitcoin correction? BTC price holds $55K despite several bearish indicators

Blockstream is making further connections with BitTorrent as ex-chief architect Arvid Norberg becomes a software engineer.

Blockstream Meets BitTorrent: Lightning Micropayments Suggested to CEO Cohen

2017-07-18T14:25:00+01:00

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Bitfury, which has maintained its position as the second largest mining pool in the market, released its first enterprise-grade Blockchain software.

Bitcoin Mining Giant Bitfury Releases Enterprise-Grade Blockchain

2017-07-18T07:50:00+01:00

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Lightning Network payment channels will likely only compete with traditional processors when worth over $150, Ryan X. Charles has calculated.

Bitcoin Payment Channels Only Competitive At 1000x Block Size: Ryan X. Charles

2017-06-20T18:13:00+01:00

11039

Bitcoin is challenging previous highs from May as prices creep past $2500 to cap an eighth week of overall growth.

Bitcoin Price Retakes $2,500 To Continue Eight-Week Overall Rally

2017-06-05T09:40:00+01:00

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Blockstream has sent the first Litecoin microtransaction of 1 litecoin satoshi, which was settled in “under a second,” it reports.

Blockstream Sends First Litecoin Lightning Microtransaction

2017-05-12T11:40:00+01:00

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For two days, the size of the Bitcoin mempool remained at the 100 MBs region, which meant that many transactions were left unconfirmed and weren’t broadcasted t...

Bitcoin Mempool Hits All-Time High, Highlighting Urgent Need for Scaling

2017-05-12T10:40:00+01:00

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Litecoin’s market cap has crossed the $1 billion mark to join the three other major networks - Bitcoin, Ethereum and Ripple.

Litecoin, Silver to Bitcoin’s Gold, Now Aims at $50 Goal

Olusegun Ogundeji

2017-05-08T14:20:00+01:00

27291

Vertcoin has beaten Litecoin by 3 days to activate SegWit, and has also sent its first mainnet Lightning Network transaction.

Vertcoin Debuts Second to SegWit, Lightning, Price Up 50 Percent

2017-05-08T11:50:00+01:00

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