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
In recognition of Bitcoin Pizza Day, the first-ever real-world transaction using Bitcoin, Cointelegraph speaks with the crypto community about their historic BT...
Bitcoin Pizza Day rewind: A homage to weird and wonderful BTC purchases
Joseph Hall
2022-05-22T07:30:00+01:00
9614
News
On day three of El Salvador’s financial inclusion and funding for SMEs conference, Bitcoin has stolen the show.
Central bankers bellow Bitcoin on El Salvador's Bitcoin Beach
Joseph Hall
2022-05-20T11:24:30+01:00
8458
News
A data analyst on the Isle of Man demonstrated how contactless payments work on Bitcoin’s Lightning Network using an NFC enabled Bolt Card.
The Lightning Network Lunch: A Bitcoin contactless payment story
Joseph Hall
2022-05-18T10:08:48+01:00
3704
News
El Salvador welcomed 44 central bankers from developing countries around the world to tackle financial inclusion and discuss Bitcoin at a three-day conference. ...
Bitcoin, Bukele and a bevy of central bankers meet in El Salvador
Joseph Hall
2022-05-17T10:32:18+01:00
7948
News
BTC’s latest network difficulty all-time high makes it nearly impossible for bad actors to represent over 50% of the hash rate.
Bitcoin network fortifies as mining difficulty records ATH of 31.251T
Arijit Sarkar
2022-05-14T09:01:11+01:00
6486
Interview
A class of 2021 Bitcoiner in Mozambique is using the Lightning Network to transact while using Bitcoin to protect his savings.
Making money, escaping poverty: Bitcoin and Lightning in Mozambique
Joseph Hall
2022-05-10T13:20:00+01:00
2672
News
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 ...
‘DeFi is not decentralized at all,’ says former Blockstream executive
Marco Castrovilli
2022-04-28T17:15:00+01:00
6368
News
The Lightning Network implementation may be against business plans of some crypto exchanges, or simply not a priority for others, several community members sugg...
Binance and Coinbase silent on Bitcoin Lightning: Community tries to understand why
Helen Partz
2022-04-15T08:43:53+01:00
12994

Follow us on Facebook