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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.

In depth
Industry experts tell Cointelegraph about the latest cryptography innovations and how they will influence the future of cryptocurrencies.
The Future of Crypto: The Latest Cryptography Advances Set to Change Blockchain
Adrian Zmudzinski
2020-02-20T22:10:00+00:00
12980
Profile
Fighting for human rights and equality for a better future for humanity: From academia to crypto and the tech that stands behind it.
Elizabeth Stark: From Human Rights to Humanity’s Decentralized Future
Max Yakubowski
2020-02-16T17:00:00+00:00
3082
News
Twitter and Square make major gains following revenue reports, while Jack Dorsey-sponsored Lightning Labs sees $10 million funding.
Twitter, Square Stock 20% Price Surge Boosts Bitcoin Lightning Network
William Suberg
2020-02-07T09:41:00+00:00
6977
News
Financial services and mobile payment company Square gets a patent to turn fiat into crypto in real-time point-of-sale transactions.
Jack Dorsey’s Square Awarded Patent for Real-Time Crypto-to-Fiat Swaps
Andrew Calderaro
2020-01-22T22:18:00+00:00
6659
News
BitMEX researchers suggest that the privacy and scalability benefits of Bitcoin’s implementation of the Lightning Network are lower than expected.
Privacy and Scalability of Lightning Network Lower Than Expected: Report
Adrian Zmudzinski
2020-01-13T10:28:00+00:00
2964
News
Cryptocurrency exchange Bitfinex and crypto store Bitrefill have partnered to allow the trading platform’s clients to shop with Bitcoin over Lightning Network.
Bitfinex Allows Lightning Network Shopping on Bitrefill With Bitcoin
Adrian Zmudzinski
2019-12-04T22:07:00+00:00
3542
News
A senior executive confirms users will be able to make Lightning payments from this week via a partnership with Bitrefill, with another announcement forthcoming...
Bitcoin Lightning Network Payments Hit Bitfinex in Industry First
William Suberg
2019-12-03T08:17:00+00:00
4268
News
One month on, a Redditor who “lost” 4 Bitcoin on the Lightning Network has published advice to the public based on his experience.
Guy Who ‘Lost’ 4 BTC on Lightning Network Has Recovered Most Funds
Marie Huillet
2019-12-02T09:17:00+00:00
4680

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