lightning network

Auto Added by WPeMatico

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

by

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that … Read more

Ethereum Transfer Fees Drop From Recent Highs, L2 ETH Solutions Between 46-97% Cheaper

by

At the end of August, Ethereum network gas costs skyrocketed and tapped a high of $59 per transaction on September 7, according to the average transaction fee spent on that day. The median fee for an ether transaction on September 7 was around $20 per transaction. Days later, ether transaction fees have subsided to a … Read more

Elektra Group President Ricardo Salinas Hints at Inclusion of Lightning Network Payments in Mexico

by

Ricardo Salinas, president of Elektra Group, one of the biggest retail franchises in Mexico, hinted at the possibility of integrating payments using Bitcoin’s second layer solution, the Lightning Network. Salinas made the announcement yesterday via Twitter. This would allow residents of the country to pay for appliances in-store, directly with cryptocurrency. Elektra Group Might Accept … Read more

Twitter Rolling Out Bitcoin Tipping Feature, Latest Code Update Suggests

by

Twitter is reportedly testing the option of tipping with bitcoin as part of its “Tip Jar” feature. This followed the company’s CEO, Jack Dorsey, stating that bitcoin is a major part of Twitter’s future, hinting that the cryptocurrency will be part of several upcoming products. Twitter Reportedly Testing Bitcoin Tipping Option Twitter Inc. (NYSE: TWTR) … Read more

Jack Dorsey Discusses Square Building a ‘Bitcoin-Native’ Dex Platform, Project Lead Shares Insight

by

On Friday, the CEO of Twitter and Square, Jack Dorsey talked about the decentralized exchange Square is constructing called “TBD” or the “TBD BTC DEX.” First mentioned in July, Dorsey tweeted that the company has “determined [TBD’s] direction and he also shared a Twitter thread written by Mike Brock, the TBD lead at Square. Jack … Read more