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.

Analysis
The quest for a workable Bitcoin scalability solution is still ongoing with developmental efforts in protocols like the Lightning Network and Statechains.
Searching deep: The quest for Bitcoin scalability through layer two protocols
Osato Avan-Nomayo
2021-03-07T13:44:00+00:00
24676
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Will Bitcoin’s premier layer-two solution finally graduate from experiment to everyday utility, following its adoption by major exchanges?
Lightning Network node count hits record high, TVL tops $42M
Cyrus McNally
2021-02-11T04:45:07+00:00
13058
News
While the number of Bitcoin transactions that can fit in a block remains the same, demand on the network is leading to rising transaction costs.
Bitcoin mempool clogs up with 125K transactions waiting
Cyrus McNally
2021-02-10T04:21:25+00:00
12305
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As Lightning Labs continues to expand the Lightning Network’s capabilities, another major exchange announces its plans to integrate.
OKEx to accelerate Bitcoin transactions with Lightning Network
Helen Partz
2021-02-02T15:24:20+00:00
7885
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He feels Bitcoin might need such solutions, even with the coin in a store of value role.
Genesis Mining head forecasts importance of layer-two Bitcoin solutions
Benjamin Pirus
2021-01-21T21:47:39+00:00
14133
News
Amid increasing distrust of custodial solutions and recent upgrades to Bitcoin Core, more Bitcoiners are starting to run their own nodes.
Bitcoin node count hits new all-time high
Cyrus McNally
2021-01-20T03:27:14+00:00
9386
News
Six prominent crypto firms have joined the federation governing Blockstream's Liquid sidechain.
Blockstream expands Liquid Federation, but LBTC adoption remains slow
Martin Young
2021-01-12T04:56:11+00:00
9494
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Zap is announcing Strike Global, a Bitcoin payments app for global remittances.
Visa-backed Bitcoin startup to launch Lightning-based global payments app
Andrey Shevchenko
2021-01-07T13:04:17+00:00
34618

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