Bitcoin-only application Relai is set to integrate Lightning payment functionality into its self-custody solution.
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.
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Coinbase Commerce will discontinue support for Bitcoin and similar UTXO coins. To use Bitcoin for payments, shoppers will need a Coinbase account.
30701The approval of Bitcoin ETFs serves as a form of mainstream validation, but longtime Bitcoiner Paul Sztorc says the ecosystem still needs to think carefully about scaling.
5420Some welcome the technology with open arms, other are less enthusiastic.
2192The crowdsourced mapping data reports a concentration of Bitcoin-accepting merchants in Europe and Latin America.
5021As we begin another orbit around the sun, many people are setting New Year’s resolutions in search of a better version of themselves. Here are eight ideas for crypto advocates.
1946Antoine Riard, who left the Lightning Network in October, argues it is also at risk of becoming increasingly centralized and susceptible to single points of failure and censorship risks.
12446Apple is facing the wrath of crypto users yet again as a popular Bitcoin Lightning wallet disappeared from its U.S.-facing App Store.
11622Athena Bitcoin plans to integrate the Lightning Network into 100 of its machines in the next couple of months.
3620Football meets finance: Bitcoin payments integration arrives at top-flight Bulgarian club, Botev Plovdiv FC.
3718Advocates for the Bitcoin Lightning Network and decentralized protocol Nostr funded Kweks’ Kilimanjaro climb.
4680John Deaton’s remarks come amid concerns about alleged backdoors in the Bitcoin Lightning Network’s code.
26217Antoine Riard believes the Bitcoin community faces a “hard dilemma” as a new class of replacement cycling attacks threatens the Lightning Network.
23147Taproot Assets is “how we bitcoinize the dollar and the world’s financial assets,” says Ryan Gentry, director of business development at Lightning Labs.
9814Building a decentralized exchange on Bitcoin would be a “step backward,” for example, said Bitcoin developer Super Testnet.
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