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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

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Vietnamese online ticketing agency Future.Travel now accepts Bitcoin payments via the Lightning Network, with funds being converted into local currency at the t...

Major Asian Ticketing Agency Accepts Bitcoin on Lightning Network

2020-04-20T13:47:00+01:00

4192

The Lightning-compatible Fold app has joined Visa’s Fintech Fast Track Program to roll out a co-branded Bitcoin cashback rewards card.

Visa Backs New Bitcoin Rewards Card From Lightning-Friendly Fold

2020-04-09T14:00:00+01:00

8400

Blockchain firm Lightning Labs drafted a new Lightning Network-based authentication system that could replace traditional email-based accounts.

New Lightning Network Authentication Method Could Replace Website Accounts

Adrian Zmudzinski

2020-03-31T18:36:00+01:00

2975

Self-styled Satoshi Nakamoto Craig Wright claims 2020 is the year the law comes for Bitcoin, which could spell trouble for Bitcoin miners and the Lightning Netw...

The Law Is Coming for Bitcoin, Warns Satoshi Claimant Craig Wright

2020-03-30T19:57:00+01:00

34829

NULS releases ‘blueprint’ for Nerve Network, a cross-chain protocol, whose mysterious mastermind until now was only known as “Berzeck”.

The Mysterious Founder of Cross-Chain Protocol Reveals His Identity

Michael Kapilkov

2020-03-26T22:30:00+00:00

3948

Most research grants for crypto firms are coming from independent companies and organizations with massive financial backings.

Blockchain R&D Funding Is Vital, but It Mostly Comes From One Source

2020-03-11T13:53:00+00:00

4393

Recent studies have shown the Lightning Network is struggling, but are these teething problems or longer-term issues?

Lightning Networks Has Yet to Strike Adoption, but Don’t Count It Out

Nikolai Kuznetsov

2020-03-09T15:50:00+00:00

4172

The Lightning Network was found to be more centralized than initially believed, increasingly relying on hubs through a core-periphery model observed by research...

Bitcoin’s Lightning Network Found More Centralized Than Expected by Researchers

Andrey Shevchenko

2020-02-21T15:29:00+00:00

4059