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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.

News
DeFi’s growth has been propelled by the increasing popularity of yield farming and Bitcoin tokenization protocols, according to ConsenSys.
ConsenSys: BTC Tokenization and Yield Farming Drives DeFi Growth
Samuel Haig
2020-07-15T04:26:00+01:00
2981
News
The Strike app hopes to encourage mass adoption of Bitcoin and the Lightning Network by connecting it directly to a bank account or debit card.
App Connects Bitcoin and Lightning Payments Directly to Your Bank Account
Jack Martin
2020-07-06T14:02:00+01:00
13267
News
The Lightning Network is susceptible to attacks that could drain Bitcoin wallets by flooding the blockchain.
Researchers Say New Lightning Network Attack Could Create ‘Chaos’
Felipe Erazo
2020-06-29T22:38:00+01:00
9145
Use Case
It’s no secret that cryptocurrency has a scaling issue, so we look at various ways either proof-of-work or proof-of-stake could be effective.
Proof-of-Work vs. Proof-of-Stake for Scaling Blockchains
Frank Edwood
2020-06-23T12:54:00+01:00
8995
News
A single transaction today has created more Wrapped Bitcoin on the Ethereum network, than the total amount of BTC locked in the Lightning Network.
1,000 WBTC Minted Today on Ethereum Dwarfs Entire Lightning Network
Samuel Haig
2020-05-13T05:48:00+01:00
25797
News
On Sunday, Lightning Labs CEO Elizabeth Stark explained why exchanges have been hesistant to integrate Bitcoin’s Lightning Network.
Here’s Why Exchanges Haven’t Integrated Bitcoin’s Lightning Network
Kyle Torpey
2020-05-11T23:52:00+01:00
12523
News
If Bitcoin does not hit $250,000 by early 2023, Tim Draper jokingly says he’ll eat a raw egg.
Tim Draper Doubles Down on His $250k BTC Prediction
Michael Kapilkov
2020-04-28T02:33:00+01:00
34427
News
The total fees paid for on-chain Bitcoin transactions over the last 24 hours increased by over 50% today.
Total BTC Fees for On-Chain Transactions Surged 50% in Last 24 Hours
Adrian Zmudzinski
2020-04-23T22:00:00+01:00
5495

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