Tag Archives: Lightning Network

The Hong Kong-founded popular cryptocurrency exchange, Bitfinex, has recently launched the newest version of its mobile app, which comes with Bitcoin deposits utilizing the Lightning Network.The update for the mobile app comes less than two months since the exchange added support for the Lightning network to its web platform.The Lightning Network Comes On MobileInvented back in 2015, the Lightning Network intends to serve as Bitcoin’s off-chain scaling solution. Essentially, it allows people...

Twitter and Square CEO Jack Dorsey has always been friendly towards bitcoin. In a recent interview, he says that he thinks the currency will soon be as “common as cash.”Dorsey Believes BTC Is the Future of FinanceThis rings in with a statement he made in the year 2018. The entrepreneur stated to CNBC that bitcoin, within a period of ten years, was likely to become the world’s “single” currency, meaning all other forms of crypto and fiat would become obsolete. This is an ambitious notion for a...

The second version of the “Lightning Torch” (LN Trust Chain 2.0) was recently launched on its birthday, and the community keeps spreading it around the globe. Its primary purpose continues to be the same – to raise people’s awareness of the benefits of Bitcoin’s off-chain scaling solution – the Lightning Network.The New Lightning Torch: LN Trust Chain 2.0The “Lightning Torch” started as a fun initiative on January 19th, 2019, to bring more attention to Bitcoin’s off-chain scaling solution –...

For a brief period early yesterday morning, bitcoin was trading over the $9,000 mark. This is the first moment bitcoin has struck such territory in over two months.A Bitcoin Soft Fork Is ComingNow, however, the world’s number one cryptocurrency by market cap is trading for a measly $8,600. While this isn’t necessarily bad – especially when considering where the currency has traded before – it does mark a $400 drop for the digital asset in approximately 24 hours, and many are wondering if it’s...

Bitcoin is the world’s number one cryptocurrency by market cap. At the time of writing, it is trading for well over $8,700 and has been on a bull run since early January.Why Will Bitcoin Always Be at the Top?There is widespread speculation, however, that the currency may have reached its peak technology-wise. While the asset may be the top cryptocurrency in terms of size and age, there are several new altcoins that have entered the space allegedly capable of outperforming their...

BitMEX Research, the analysis arm of the popular Bitcoin margin trading exchange, recently published a report on the Lightning Network (LN). The scaling solution for the world’s largest cryptocurrency demonstrates considerable growth across several aspects.Bitcoin’s Lightning Network GrowsThe Lightning Network, which is Bitcoin’s off-chain scaling solution, continues to grow. According to a recent report by BitMEX Research, the number of non-cooperative channel closures has surged past...

Blockchain networks have been plagued by slow transaction speeds and limited block times since their inception. Although many projects have tried to increase the transactional capacity of blockchain networks, there have been few functioning solutions that do not compromise on security or decentralization as a result. Solving the issue of scalability is essential if blockchain-based payment networks are to compete with traditional payment processors, such as the Visa network, which can process...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 760. Heute sprechen wir über folgende Themen: Bitcoin Börse UpBit gehackt – 50 Mio. USD gestohlen, Studie zeigt Mängel im Lightning-Netzwerk auf & PlusToken Scam Bitcoin Abverkauf. 1.) Bitcoin Börse UpBit gehackt – 50 Mio. USD gestohlenhttps://cryptomonday.de/breaking-news-bitcoin-boerse-upbit-gehackt-50-mio-usd-gestohlen/ 2.) „Ökonomisch irrational“: Studie zeigt Mängel im Lightning-Netzwerk...

Tim Draper has always been a huge bitcoin advocate, but in a recent interview, he explains why he’s so convinced BTC is headed for the stars and beyond.Draper Says the Lightning Network Will Do Great ThingsIn the past, Draper has stated that bitcoin is likely to hit $250,000 by the time 2022 rolls along. He later altered his prediction a bit to suggest that this figure would instead be reached in the early months of 2023, thereby pushing things back somewhat. However, he stands by his...

Who would have known Opera and bitcoin could go so well together? We’re not necessarily talking about classically trained singers that wear Viking horns and hit high notes, but rather the Norwegian financial platform that’s been touting the addition of bitcoin to its Android app since July of 2018.Opera and BTC: A Perfect Match?The app was launched privately and was later available to the public in December. Opera inherently became one of the first browsers to support bitcoin directly, and...