News
Perth Heat will use the Bitcoin Lightning Network to make payments to professional baseball players and staff.
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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.
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The new venture is pursuing hyperbitcoinization by combining the Lightning Network’s speed with the architecture of an open peer-to-peer platform.
7468 - Analysis
This upgrade focuses on the expansion of the Bitcoin network’s smart contract capabilities and improves privacy on the network.
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Bitcoin Suisse, Switzerland’s biggest BTC broker, has now made Lightning Network technology available for its crypto payment system.
6685 - News
The Taproot upgrade was set for deployment after achieving a 90% consensus among the Bitcoin miners (mining nodes).
31587 - News
Arcane Research says that Lightning Network usage has been on a steep upward trajectory since late last year, but in September, growth went parabolic off the back of El Salvador’s Bitcoin adoption.
6851 - News
Users will have the option to set crypto collectibles as their profile pic to impress everyone.
11671 - News
The number of Lightning Network nodes has increased 160% over the past 12 months, while the number of channels is up 170% since January.
9266 - Market Update
Twitter’s stock feels the benefit of the “orange pill” as surging stocks add to positive tailwinds for Bitcoin.
7738 - Market Update
Bitcoin price rallied to $44,800 and takes aim at flipping the $45,000 level to support shortly after Twitter launched a new crypto tipping service.
13840 - Market Analysis
BTC’s lack of integration with traditional finance and its inability to be forcefully sold to cover financial losses mean the price might not “collapse” if there is a global stock market meltdown.
20524 - News
Lightning Network is the leading Bitcoin scalability solution, providing layer-two transaction capabilities separate from BTC’s main blockchain.
2755 - News
With an average gas cost of $40, it is no surprise that layer-two platforms are surging in terms of usage.
14251 - News
Bitcoin tipping via the Lightning Network may be in the cards for the next Twitter app update.
7438 - News
Substack has more than 500,000 paid subscribers, but Bitcoin payments will first be available to "a select group of crypto-focused publications."
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