News
Spar shoppers in Zug, Switzerland, can pay for their groceries in Bitcoin via the Lightning Network, as over 1,000 Swiss businesses have implemented Bitcoin payments.
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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.
- News
StarkWare and Weizmann Institute researchers have introduced ColliderVM, a system that overcomes Bitcoin script limitations to enable complex smart contracts.
2470 - News
Lightning Labs’ Olaoluwa Osuntokun said the issue appears to be caused by a user’s machine being compromised rather than a bug or vulnerability.
2108 - News
Lightning Labs, the company behind Bitcoin layer 2 Lightning Network, is using the Taproot Assets protocol to integrate Tether’s USDT stablecoin.
7147 - Use Case
A crosschain infrastructure’s testnet launch attracted overwhelming user interest, disrupted public blockchain structures and offered valuable insights for developers.
41297 - News
United States Treasury Secretary Janet Yellen supposedly convinced Federal Reserve Chair Jerome Powell to kill the project, the former Meta executive said.
46238 - News
“It’s like your dial-up internet became broadband because the Bitcoin price went up,” according to the CEO of Amboss Technologies.
6829 - Opinion
Bitcoin has historically been terrible as a yield asset. Fortunately, the options for earning interest are beginning to abound.
4776 - Overview
Crypto narratives sometimes promise a trip to the moon, but not all rockets make it, and markets tend to have a sloppy memory, often falling into the same traps.
6564 - Event
The Bitcoin 2024 conference is underway in Nashville, Tennessee, and Donald Trump’s address on July 27 is a major drawcard.
14588 - News
This week’s Crypto Biz explores the departure of Jump Crypto’s CEO, Animoca Brands’ return to public markets, the corporate dispute between Riot and Bitfarms, and other news.
2385 - News
Lightspark will also integrate the Universal Money Address standard for Nubank, which gives an email-like address for users to send and receive money.
5842 - News
The Bitcoin developer says Brollups can support more than 90% of decentralized finance use cases, from NFT sales to token orders on DEXs.
5526 - Spotlight
Empowering both businesses and individuals, this platform is paving the way for a unified global payment system through crypto.
27344 - Event
Elizabeth Stark unpacked the basics of Bitcoin Lightning at FT Live’s Crypto and Digital Assets Summit and teased a new development on Bitcoin’s leading layer 2.
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