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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.

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Bitcoin was originally thought to be fully anonymous and in its early days it probably was. However, as most moved from mining Bitcoin to buying, systemic entry...

Bitcoin Lightning Network: Can It Provide Privacy for the Masses?

Andrew Quentson

2016-04-29T11:26:00+01:00

1796

Bitcoin developers representing some 90 percent of the commits to Bitcoin Core in the last years have written and signed an open letter to the Bitcoin community...

SEP 2 DIGEST: Bitcoin Devs Pen Open Letter to Community; UK Gov’t Explores Blockchain for Recordkeeping

Aaron van Wirdum

2015-09-02T13:47:31+01:00

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Lightning Network is a proposal for an off-blockchain network that would support super-fast transactions and boost Bitcoin scalability.

HashPlex Unveils Lightning Network Implementation

2015-08-12T15:00:58+01:00

462

The following article was chosen for publication as part of Cointelegraph’s Super Writer contest

Will ‘Lighting Network’ Strike Bitcoin? (Op-Ed)

2015-07-29T14:27:00+01:00

629

Thanks to some proposed tweaks, we could be seeing the Lightning Network a lot sooner than expected.

Lightning Network Could Strike Sooner Than Expected

2015-07-23T17:06:04+01:00

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