bitcoin scaling – DIGIT INFO

Starkware Aims to Scale Bitcoin Using Zero-Knowledge Technology

DIGIT — Tue, 04 Jun 2024 14:40:56 +0000

Starkware, known for its work on Ethereum scaling solutions, announced plans to apply its zero-knowledge technology to Bitcoin. The initiative aims to enable mass-use of Bitcoin, targeting scalability that could support global daily transactions. Starkware Announces Plan to Enhance Bitcoin Scalability Using Zero-Knowledge Proofs Blockchain firm Starkware revealed its ambitious strategy to enhance Bitcoin’s scalability […]

Go to Source

StarkWare launches $1M research fund for ZK Bitcoin scaling

DIGIT — Tue, 04 Jun 2024 13:30:00 +0000

StarkWare’s fund seeks to promote research into OP_CAT and demonstrate its potential to unlock and benefit Bitcoin and the blockchain community in general.

Go to Source

Lightning Network User Confused By Protocol: Lost 30,000 USD

DIGIT — Thu, 24 Oct 2019 11:24:56 +0000

The Lightning Network has long been touted by its proponents as a speedy, low-cost solution to Bitcoin’s scaling issues. A series of security scares and UX issues have called that vision into question however. The latest LN slip-up saw a user lose 4 BTC in one fell swoop. Also read: Hidden Lightning Network Bug Allowed […]

The post Lightning Network User Confused By Protocol: Lost 30,000 USD appeared first on Bitcoin News.

Go to Source

Bitcoin’s Scaling Problems Forced Facebook to Launch Libra

DIGIT — Sun, 08 Sep 2019 14:14:00 +0000

If it wasn’t for Bitcoin there would be no Libra. That much is self-evident, since Satoshi’s creation laid the groundwork for every crypto asset that’s followed. The extent to which Bitcoin was responsible for spawning Facebook’s currency has now been made brutally clear in an interview with Abra’s Bill Barhydt. The investment platform’s CEO claims […]

The post Bitcoin’s Scaling Problems Forced Facebook to Launch Libra appeared first on Bitcoin News.

Go to Source

What’s the Deal With the Lightning Network?

DIGIT — Mon, 17 Jun 2019 04:55:19 +0000

Remember that layer two scaling solution they promised for Bitcoin back in the day? Does anyone know what happened to it? It feels like we’ve been waiting for a finished Lightning Network longer than Mt. Gox victims have been awaiting restitution. For now, Lightning is accessible to users with the skills to navigate its quirks […]

The post What’s the Deal With the Lightning Network? appeared first on Bitcoin News.

Go to Source

The 2018 Year of Cryptocurrency Challenge – Week 25

DIGIT — Wed, 25 Jul 2018 01:00:28 +0000

At the beginning of 2018, I wrote an article outlining a New Year’s resolution that I thought could help boost cryptocurrency adoption and awareness in 2018, as long as enough people were doing it. Last week was the twenty-fourth installment of my challenge. While we should be a bit further along in the challenge, the ... Read more