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About two weeks ago news.Bitcoin.com reported on one guy who controlled the Lightning Network’s (LN) biggest node when he commanded 49 percent of the total funds held within the network. Since then, Andreas Brekken, the owner of the blockchain review website Shitcoin.com, wrote four reviews about his node that held 35.24 BTC and his daily … Read more
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
A group of developers has launched the Bitcoin Optech project in order to solve BTC scaling and high transaction fees issues Go to Source Powered by WPeMatico
BTC supporters were elated to discover recently that the Lightning Network’s (LN) capacity had spiked by 216 percent in just one day. Some individuals suspected the Build on Bitcoin conference had sparked more LN interest. However, onlookers have found the spike was due to a single node created by the owner of Shitcoin.com. According to … Read more
100 merchants using CoinGate’s payment gateway will now be able to test transactions on the Lightning Network Go to Source Powered by WPeMatico
Bitcoin remains the cryptocurrency most usable as actual money, but other coins are catching up Go to Source Powered by WPeMatico
It’s finally happened! At press time, the father of digital currency has leapt to the $6,700 mark and conquered its latest plane of resistance. After weeks of analysts going at it (Will bitcoin reach $6,700? Will bitcoin reach $6,700?), it appears the currency has defeated its latest obstacle. Now, $7,000 could easily be in bitcoin’s … Read more
A study suggesting that the Lightning Network struggles to route payments, especially larger amounts, has been called ‘bullshit’ and ‘dumb’ Go to Source Powered by WPeMatico
A recent study by Diar reveals that the Lightning Network protocol struggles to process large amounts Go to Source Powered by WPeMatico
Over the past few months, there’s been a lot of headlines and new wallets created for the notorious Lightning Network — The second layer payment protocol that’s being touted as a solution to the BTC chain’s scaling issues. The project is in its very early stages as the technology is still in beta, but people are … Read more