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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.

Electrum, an open source Bitcoin wallet application launched in 2011, is officially introducing support for SegWit,the innovative scaling solution from Bitcoin ...
Bitcoin Platform Electrum Next Release to Support SegWit, Apple Debut In View
Joseph Young
2016-10-24T12:48:00+01:00
1684
Ryan X Charles, Bitcoin-based content sharing platform Yours co-founder and software engineer, officially introduced the world’s first Bitcoin micropayments web...
Yours Introduce World’s First Micropayments Wallet, Inspired by Bitcoin Core’s Lightning
Joseph Young
2016-10-20T16:00:00+01:00
998
End-to-end Lightning micropayment transaction test shows that payments on a public Blockchain is possible.
Why End-to-end Micropayment Transaction Test Matters to Bitcoin Community
Olusegun Ogundeji
2016-10-11T17:30:00+01:00
559
ACINQ has successfully tested and implemented leading Blockchain technology company Bitfury’s algorithm solution for instant payments routing on the Lightning N...
BitFury Lightening Network Successfully Tested with French Bitcoin Company
Joseph Young
2016-09-29T10:00:00+01:00
1412
We (up 'til now) haven't talked to much about the Lightning Network. In order to understand the Lightning Network, one must first have a basic understanding of ...
Podcast: Olaoluwa Osuntokun - Lightning Network Deep Dive
The Bitcoin Podcast
2016-09-01T14:49:00+01:00
638
GreenAddress being acquired by Blockstream will allow it to work with sidechains which will enable users to manage Bitcoin and other assets and features.
Blockstream Acquires Bitcoin Wallet, Lightning Network Not The Reason
Olusegun Ogundeji
2016-07-29T14:50:00+01:00
512
Is the scaling effort leading to Bitcoin’s privatization? NodeCounter.com accuses Blockstream of crippling Bitcoin for financial gain.
Bitcoin’s Possible Privatization: Has Blockstream Created Problem to Provide Solution?
Olusegun Ogundeji
2016-07-07T17:15:00+01:00
4076
Blockchain, the world’s leading provider of Blockchain tools and software, has announced that the first usable implementation of the Lightning network, Thunder,...
The Crack of Thunder: Blockchain.com Announces Alpha Release of Lightning Network
Charlie McCombie
2016-06-02T15:55:00+01:00
837

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