Catalyzing Bitcoin: The Impact of the Lightning Network
The lightning network is a scaling solution built for the Bitcoin blockchain. It operates as a “Layer-2” or “second-layer” on top of Bitcoin. Despite years of development, adoption remains low. Where is Lightning in late 2023?
Crypto Market Forecast: Week of August 8th 2022
A curated weekly summary of forward-focused crypto news that matters. This week, a new bipartisan bill in the US aims to make small Bitcoin transfers more accessible, Another crypto lender wobbles, and Michael Saylor steps down from his role as CEO of MicroStrategy.
Crypto Market Forecast: Week of July 25th 2022
A curated weekly summary of forward-focused crypto news that matters. This week, the Bitcoin lightning network established a new all-time high capacity, Opensea laid off 20% of its staff, and a new proposal aimed to defend the rights of crypto holders in Texas.
The School of Bitcoin – Teaching the next generation
Kieran Nolan is a Melbourne-based educational technologist and blockchain expert. Based on the concept of a DAO, Kieran is building a decentralized autonomous education system (DAES) - a dynamic open-source curriculum and learning network with financial literacy at the core as the only didactic part of the system.
Watchtowers fortify the Lightning Network against fraud
Bitcoin’s second layer scaling solution is growing fast but is still in an early experimental stage and it remains best suited to technical users. The Lightning Network's new ‘watchtowers’ aim to keep users safe from fraud, making the network safer to use.
Happy birthday the Lightning Network: The story so far
A year in, statistics indicate that the Lightning Network scaling solution is doing well. However, some pockets of the cryptocurrency community don't agree.
On-chain scaling is just too hard – so what comes next?
Blockchain scaling with second layer networks advances throughput, extends the capacity of blockchains and opens new use-cases
The new Bitcoin is… Bitcoin
Bear market or not, development isn’t slowing down on the No.1 crypto - with more off-chain transaction features, privacy-enhancement, and smart contract solutions likely to be rolling out soon
Are altcoins getting a jolt from Lightning Network marketing?
With Ethereum's scaling problems reaching an inflection point this week, could coins using Bitcoin's Lightning Network, or a version thereof, be correlating more in price action with BTC?
Patching the Lightning Network
Eltoo protocol could be the answer to unleashing the full potential of the Lightning Network
Lightning Network adoption ushers in a new era of cryptocurrency functionality
On May 10 Segregated Witness (Segwit) was activated on Litecoin, allowing Lightning Network (Lightning) transactions from various software clients to settle on the cryptocurrency network.
Acinq releases Eclair, a Lightning Network client with graphical explorer
The second development team to release a working version of a Lightning Network, Acinq, recently announced their lightning alpha client, Eclair 0.2-alpha1. Named after the french word for Lightning, the release includes a Graphical User Interface (GUI).
The Lightning Network edges closer
Joseph Poon and Thaddeus Dryja published the Lightning Network white paper in January 2016. “The Bitcoin blockchain holds great promise for distributed ledgers,” the document states. “But the blockchain as a payment platform, by itself, cannot cover the world’s commerce anytime in the near future.”
Segwit tackles short term Bitcoin blocksize problems, and helps long term scaling solution
The Bitcoin blockchain has long been touted as an alternative to legacy financial systems. Among a range of technological achievements, the peer to peer electronic cash system offers low fees and near instant transactions. However, the number of transactions processed by the network has been an ongoing source of contention.
Kim Dotcom reveals plans for MegaUpload 2.0 and BitCache
Internet entrepreneur Kim Dotcom recently launched a fundraising campaign for MegaUpload 2.0 (MU2) and BitCache. The pitch includes many new details about the two upcoming products.