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Tag Archives: Lightning Network

More People Are Using BTC’s Lightning Network

There is good news and there is even better news. The good news is that bitcoin has been doing relatively well as of late. The currency recently hit a six-month high and many investors are becoming more hopeful that the horrors of 2022 are finally being left behind for good. The even better news is that bitcoin adoption appears to be growing, as use of the Lightning Network has hit a new high. Use of the Lightning Network Is More Common Than Ever The heavy use of the...

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BTC Lightning-Enabled Wallet BlueWallet to Shutdown Bitcoin Node Lndhub.io

Bitcoin wallet service provider BlueWallet has decided to shut down Lndhub.io, a Lightning Network node on the Bitcoin Network used to store and trade satoshis (sats) – the smallest denomination of the primary cryptocurrency. The Lightning Network is a layer-2 protocol layered on the Bitcoin protocol, used to process micropayments among participating nodes to facilitate faster transactions. BlueWallet is one of the most popular Bitcoin Lightning-enabled wallets on the...

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Bitcoin: So erstellt man eine Invoice im Bitcoin Lightning-Netzwerk

Das Bitcoin Lightning-Netzwerk ist eine Second-Layer-Skalierungslösung für das Bitcoin-Netzwerk, die es Benutzern ermöglicht, Bitcoin-Transaktionen schneller und kostengünstiger durchzuführen. Eine der nützlichen Funktionen des Lightning-Netzwerks ist die Möglichkeit, Rechnungen zu erstellen und zu bezahlen. In diesem Artikel werden wir erklären, wie man eine Rechnung mit dem Lightning-Netzwerk erstellt. Schritt 1: Eine Bitcoin-Wallet einrichten Um mit dem Lightning-Netzwerk arbeiten zu...

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Strike Brings Bitcoin Lightning-Based Remittances to the Philippines

Strike – a Bitcoin payment company and wallet provider – has expanded its “Send Globally” feature to the Philippines, allowing locals to receive lightning-based remittances directly to their bank account.  This marks the second-wave rollout for Send Globally after its initial release to Africa in December.  Fixing the Remittance System In a press release published on Tuesday, Strike explained that its new feature enables “fast, secure, and low-cost” money transfers between...

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Strike Integrates Lightning With Point of Sale Giant Clover

Bitcoin payment and wallet company Strike has partnered with fintech giant Fiserv to integrate Bitcoin’s lightning network with the point-of-sale terminal provider, Clover.  This will allow certain Clover merchants to accept lightning payments, expanding Bitcoin’s use case as a medium of exchange.  Dollars Over Lightning As explained by Strike CEO Jack Mallers over Twitter on Thursday, the integration effectively allows Clover to accept “cash-final” USD over lightning....

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MicroStrategy to Introduce Bitcoin Lightning Applications Next Year

MicroStrategy’s Executive Chairman – Michael Saylor – said the company intends to roll out Bitcoin Lightning Network-powered solutions and applications next year. The business intelligence firm previously planned to launch an enterprise Lightning Wallet and Lightning servers and was looking to hire a software engineer to be in charge. Presenting the 2023 Plans Saylor revealed the firm’s intentions on Twitter Spaces, saying MicroStrategy is exploring ways to integrate...

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Strike Brings Lightning-Based Remittance Payments to Africa

Bitcoin payments platform Strike has now expanded to Africa, enabling instant and low-cost remittances to the continent by leveraging its new “Send Globally” feature. The tool, available to all American Strike users, will offer initial coverage to Nigeria, Kenya, and Ghana.  Bringing Bitcoin to Africa As announced by Strike on Tuesday, the feature was launched in partnership with the African Bitcoin company Bitnob. Within the app, U.S.-based Strike users can immediately send...

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Emergency Hotfix Deployed to Prevent Disruption to the Lightning Network

After the recent v0.15.3. update to the Lightning Network, a critical security vulnerability was discovered by independent cybersecurity researchers that would potentially allow bad actors to stop lnd nodes from parsing transactions. A Lightning Network Daemon (lnd) is a full implementation of a Lightning Network Node, along with the services and plug-ins that allow it to connect to the rest of the Lightning network, a Layer-2 blockchain for Bitcoin that enables smart...

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