Tag Archives: Lightning Network

Brian Armstrong – the CEO of Coinbase – and Jack Dorsey, who now runs Block Inc. and is the former head of social media giant Twitter, are teaming up in the name of bitcoin and the Lightning Network. Jack Dorsey and Coinbase: The Perfect Match? The Lightning Network was initially created to aid bitcoin with its unending array of transactions. Traffic has become so common and heavy atop the BTC ledger that things have really slowed down in recent years, and fees...

In der Kryptowährungswelt gibt es zwei Hauptherausforderungen, denen sich Netzwerke wie Bitcoin seit ihrer Einführung gegenübersehen: Skalierbarkeit und Interoperabilität. Während die Blockchain-Technologie revolutionäre Potenziale in Bezug auf Dezentralisierung, Sicherheit und Transparenz aufweist, haben ihre inhärenten Einschränkungen bei der Durchsatzkapazität die Suche nach innovativen Lösungen erforderlich gemacht. In diesem Kontext spielen...

Twitter co-founder Jack Dorsey pressed Coinbase CEO Brian Armstrong on Wednesday over his alleged refusal to acknowledge the power of Bitcoin’s lightning network – a layer-2 scaling solution designed to make BTC easier to spend. His question sparked an online debate about the benefits and limitations of lightning in the payments realm, compared to other cryptocurrencies such as stablecoins. Why Not Bitcoin? In a tweet on Wednesday, Armstrong claimed that crypto’s next step...

The hype surrounding Artificial Intelligence (AI) is taking multiple industries by storm, and the digital assets industry appears to be readily embracing the tech. Lightning Labs has become the latest platform to tap the space. The team behind the Bitcoin Lightning Network announced the release of a new set of developer tools to enable the Lightning and AI developer communities to interact with Bitcoin seamlessly. Lightning Labs Taps AI According to the official blog post,...

Following through on its promise in May, crypto exchange giant Binance confirmed on Tuesday that it has begun running multiple nodes on Bitcoin’s lightning network.  The exchange plans to leverage the layer-2 scaling solution to enable cheaper Bitcoin (BTC) deposits and withdrawals on its platform.  Binance resolved to integrate lightning after an explosion in memecoin / Ordinals popularity on Bitcoin in May, which triggered major blockchain congestion and drove up...

Apple has issued a warning to the decentralized social networking company, Damus with expulsion from the App Store if it does not remove a feature that enables Bitcoin payments. Damus, which is based on top of a decentralized social media protocol Nostr, was developed as a Twitter alternative and is backed by Jack Dorsey. Since its debut in February this year, the app has faced significant difficulties when trying to get listed in Apple’s global App Store due to its...

Bitcoin payment service provider – Bitpay – announced the integration of Brave Wallet into its payment protocol allowing crypto wallet users to make payments straight from the privacy browser. According to the official press release shared with CryptoPotato, users of Brave Wallet will be able to shop with crypto at thousands of top merchants online and in-store, such as Newegg, APMEX, PacSun, AMC Theatres, and airBaltic. Commenting on the development, BitPay CEO Stephen Pai...

Strike – a Bitcoin payments company and remittance app – announced Friday that it is now available for download to over 3 billion people worldwide, including dozens of new countries. The international expansion will allow wallet users in India, South Korea, Sri Lanka, and other countries to remit payments to one another in both USD and BTC.  Targeting the Global South Speaking at Bitcoin 2023 in Miami, Strike CEO Jack Mallers explained that the company’s expansion efforts...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Coinbase – the largest and most popular crypto exchange in the U.S. – has confirmed it’s going to be integrating the bitcoin Lightning Network onto its platform, thus ensuring bitcoin transactions scale and move along at quicker paces. Coinbase and Lightning: The Perfect Match? The Lightning Network has been...

Business intelligence company MicroStrategy is doubling down efforts on bringing Bitcoin layer 2 scaling solution – Lightning Network – capabilities this year. Its executive chairman Michael Saylor shared an update notifying that the company is working on a product aimed at delivering a Bitcoin wallet and Lightning address to every corporate account holder. The main intention behind the move is to enable quick and easy development as well as deployment of Bitcoin rewards...