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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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ACINQ Phoenix wallet opens Bitcoin Lightning Network to the masses.

ACINQ Unveils Its ‘2nd Generation’ Bitcoin Lightning Network Wallet

2019-10-18T13:25:00+01:00

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Major Bitcoin wallet software Electrum will feature an in-house developed implementation of scalability solution Lightning Network in its next release.

Electrum Bitcoin Wallet to Support Lightning Network in Next Release

Adrian Zmudzinski

2019-10-14T16:01:00+01:00

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Bpifrance is one of the three major backers of Bitcoin’s Lightning Network implementation developer ACINQ.

French State-Owned Bank Joins $8M Lightning Network Startup Funding

2019-10-09T09:47:00+01:00

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Crypto custody startup Casa releases Casa Node 2, a new version of the industry’s popular pre-synced product for Bitcoin full node.

Casa Releases New Version of Its Bitcoin Full Node Casa Node 2

2019-10-08T18:09:00+01:00

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Well-known BTC proponent Samson Mow believes that off-chain scaling will take the pressure off Bitcoin’s blockchain in the coming years.

Blockstream’s Samson Mow: Bitcoin’s Block Size May Already Be ‘Too Big’

2019-10-07T11:45:00+01:00

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A Twitter exchange between Binance CEO Changpeng Zhao and famous bitcoiner Udi Wertheimer could lead to long-awaited features being added to the platform.

Udi Wertheimer Offers to Promote Binance in Exchange for SegWit Support

2019-10-03T09:33:00+01:00

2921

Bitcoin’s Lightning Network developer Rusty Russel discloses the network’s vulnerability, offers a solution.

Bitcoin’s LN Developer Discloses the Network’s Vulnerability

2019-09-28T08:34:00+01:00

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The number of nodes running Bitcoin Lightning Network has reached 10,000 for the first time.

10,000 Nodes Are Running BTC Lightning Network in New All-Time High

2019-09-26T18:30:00+01:00

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