News
The latest software release, named lnd 0.15 beta (v0.15-beta), aims to empower developers to create solutions for more use cases by leveraging the Bitcoin Network’s capabilities.
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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.
- Explained
Learn to manage and run a Lightning node at a profit. Also, discover various Lightning Network problems and how to address them.
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Bitcoin provides a “sound ethical, economic, and technical foundation for DeFi,” said Michael Saylor.
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Complimenting the new hash rate ATH of 231.428 exahash per second, Bitcoin’s network difficulty stands at a strong position of 30.283 trillion.
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The layer-2 technology built on Bitcoin now has 4,000 Bitcoin or $120 million locked up allowing for near-instant payments around the world.
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The Bitcoin LN was first implemented into the Bitcoin mainnet in 2018 and has ever since been able to maintain an upward trajectory in terms of expanding its capacity.
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In recognition of Bitcoin Pizza Day, the first-ever real-world transaction using Bitcoin, Cointelegraph speaks with the crypto community about their historic BTC purchases.
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On day three of El Salvador’s financial inclusion and funding for SMEs conference, Bitcoin has stolen the show.
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A data analyst on the Isle of Man demonstrated how contactless payments work on Bitcoin’s Lightning Network using an NFC enabled Bolt Card.
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El Salvador welcomed 44 central bankers from developing countries around the world to tackle financial inclusion and discuss Bitcoin at a three-day conference.
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BTC’s latest network difficulty all-time high makes it nearly impossible for bad actors to represent over 50% of the hash rate.
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A class of 2021 Bitcoiner in Mozambique is using the Lightning Network to transact while using Bitcoin to protect his savings.
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Samson Mow, former chief strategy officer at Blockstream, is convinced that DeFi protocols can’t compete with Bitcoin as monetary networks due to their lack of decentralization.
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The Lightning Network implementation may be against business plans of some crypto exchanges, or simply not a priority for others, several community members suggested.
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Bitcoin’s layer-2 scaling solution, the Lightning Network, has seen payment volume increase by over 400% as real adoption grows.
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