lightning network

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This Photo Gallery App Is a BCH Light Wallet in Disguise

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On March 27, a developer released a different kind of Bitcoin Cash (BCH) application called Bchgallery, an Android BCH wallet that is disguised as a generic photo gallery app. The platform aims to provide added security through obscurity by acting as a decoy application. Also read: New Crypto-Friendly Banking and Payment Services Launch in the … Read more

Analysis Shows Lightning Network Suffers From Trust Issues Exacerbated by Rising Fees

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Over the last two years, the Lightning Network has been touted as the scaling solution for the Bitcoin Core (BTC) network. However, the solution has been heavily criticized for its lack of security, and on March 28, Bitcoin Unlimited’s chief scientist Peter Rizun wrote an interesting evaluation of the Lightning Network’s “dirty little secret.” Also … Read more

Mempool ‘Spam’ and Rising Fees: The Consequences of Veriblock’s Mainnet Launch

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Last month the Veriblock testnet represented more than 30 percent of BTC’s network transactions but the project took a hiatus before launching the protocol’s mainnet. When the project stopped, the BTC network’s mempool dropped, transactions per day were cut in half, and fees slightly dipped. However, since the mainnet launch of the Veriblock blockchain, the … Read more

Bitcoin Account Accuses Twitter of Shadow Banning to Restrict Its Reach

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On March 23, the Twitter handle @Bitcoin became mired in controversy after BTC supporters complained about the account and attempted to get the profile shut down. The operator of the Bitcoin Twitter profile has also accused the social media platform of manipulating matters by placing restrictions on the account and limiting its overall traffic. Also … Read more