Making Bitcoin a viable mainstream payment solution will not be easy. One hurdle to overcome is the incredibly low transaction throughput. While several solutions are in development, external input is always welcome. The Future Looks Bright for Lightning Payments Lightning Labs, a Bitcoin payments startup, may have a new solution. […]
Tag: Lightning Network
Bitcoin’s Lightning Network Struggles to Sustain any Real Growth
Although a lot of people have high hopes for Bitcoin’s Lightning network, most of the progress has stalled. There is no real decline in support either, but the growth has ground to a halt for some reason. Looking at the statistics provided by BitcoinVisuals, one can see things aren’t progressing […]
Square Cash Provides the Tools to Ensure Widespread use of the Lightning Network
Bitcoin’s Lightning Network needs to meet severe expectations. Making the technology more accessible to developers is one way of improving overall adoption. So far, the existing applications and use cases for the LN have been rather technical in nature. Pushing Lightning Network Adoption Forward Square Crypto aims to change that […]
Lightning Network User Recovers Most of the 4 BTC Presumed “Lost”
A little while ago, there was some commotion over a user losing 4 BTC through the Lightning Network. That situation has now changed for the better. A lot of people were taken aback by how unsecure the Lightning Network turned out to be. Rectifying the Lightning Network Narrative If a […]
Academics Highlight Flaws and Potential of Bitcoin’s Lightning Network
The viability of Bitcoin’s Lightning Network is a topic of substantial debate. Researchers are now confirming some of those concerns, albeit it’s not all bad news either. Emin Gun Sirer recently shared academic research regarding the Lightning Network. Good and bad Lightning Network Findings One part of the paper confirms […]
Culprits can Cripple the Lightning Network for Just $2,000, Researchers Claim
Any new form of technology is prone to bugs and hacks. That situation is no different in the cryptocurrency industry today. The Lightning Network, a layer-two scaling solution for cheaper and faster payments, can be subjected to an attack. That attack can effectively halt lightning payments, which is far from […]
Bitcoin’s Lightning Network Has Been Exploited
The Lightning Network is designed to make Bitcoin and other cryptocurrencies more secure. Unfortunately, it seems that is not always the case. A recent vulnerability has been discovered which affects most clients used to access Bitcoin’s Lightning Network. While a fix exists already, it is still a worrisome development. The […]
Bitcoin Lightning Network Usage Shows Signs of Regression
Many Bitcoin enthusiasts have high hopes for the Lightning Network. For a technology which has been accessible for some time now, it seems there isn’t much growth to take note of. In fact, it appears things are slowly growing worse as more time progresses. This is good news by any […]
Losing Bitcoin Due to Lightning Network Payment Channel Complexities is Still a Problem in 2019
One of the many innovative concepts being introduced to Bitcoin and several top altcoins is known as the Lightning Network. Despite still in the experimental stage, it seems this technology has received a lot of attention. Unfortunately, it is still possible to lose one’s Bitcoin funds used for setting up […]
5 Key Aspects of Running a Full Lightning Network Node With RaspiBlitz
Running a full cryptocurrency node is often considered to be a complicated process. With the introduction of the Lightning Network for Bitcoin and Litecoin, things haven’t necessarily become easier. However, there is one solution which allows anyone to build their own node at a very low cost. Known as Raspiblitz, […]
What Gab’s Dissenter Means for BAT and ERC-20’s
Earlier this year, Gab.com, a social media site akin to Twitter with added emphasis on freedom of speech, began to roll out their Dissenter platform. Last month, they sparked buzz by integrating a forked version of the open-source Brave web browser. This move has strong implications for BAT and other […]
What is Lightning Hosted?
In the cryptocurrency world, there is never a shortage of new and interesting projects. Some of these ventures will be more successful than others, although most of the offerings will find their niche market sooner or later. Lightning Hosted is perhaps one of the more interesting projects as of late, […]
Litecoin’s Lightning Network Reaches the 1,000 Channel Milestone
It is pertinent for all cryptocurrencies to keep growing and evolving at all times. For Bitcoin and Litecoin, the Lightning Network is considered to be the “holy grail” of scaling and instant payments right now. While it remains to be seen if that will effectively be the case, it appears […]
Bitcoin is now “Granny-Proof” Courtesy of the Lightning Network
One often heard complaint about Bitcoin and other similar projects is how this technology is very difficult to use. Younger generations seem to struggle less with this new concept of money. Although Bitcoin is far from granny-proof at this stage, a recent Lightning Network trial confirmed things are heading in […]
Bitcoin Declared Dead – For the 334th Time
No one is denying that’s it’s a pretty rough time to be in crypto right now. If you’d invested $100 this time last year, you’d now have a grand total of around $16 today. And let’s be honest, many people invested a lot more than that. But while we’re used […]
3 Major Developments Coming to Stellar in Q4 2018
The Stellar ecosystem is bound to undergo some very big changes in the future. The team unveiled their 2018 roadmap a while ago, and it seems things are slowly coming together. There are still three major developments coming to Stellar in late 2018 to look forward to. All of these […]
What Are Dapp Scaling Frameworks, and How Will They Affect Blockchain Technology in the Near Future?
Decentralized apps, or dApps, operating on the blockchain face a singular problem: scalability. Take a look at Bitcoin 10 transactions per second (TPS) limit, compared to Visa’s 24,000 TPS. While a handful of high-quality projects and companies have partly surmounted this challenge with sidechaining and sharding, nonscalability has inhibited the […]
Top 4 Bitcoin Lightning Network GUIs and Wallets for 2018
The Bitcoin ecosystem is bound to undergo some major changes in the coming months. A lot of people have high expectations for the Lightning Network. Its lower fees, instant payments, and overall scaling improvements are all very appealing. The following four user interfaces, ranked in terms of popularity, provide access […]