Auto Added by WPeMatico
During the first week of the new year, many cryptocurrency enthusiasts have been talking about the Lightning Network (LN). So far the protocol has surpassed 610 nodes and 1882 channels while many bitcoiners, businesses, and developers have tried the technology on both testnet and mainnet. This week the virtual private network (VPN) service Torguard initiated […]
The post VPN Provider Now Accepts Lightning Network Payments appeared first on Bitcoin News.
Powered by WPeMatico
Lately, there’s been a lot of discussion about a new concept called ‘Channel Factories.’ The technology ultimately makes the Lightning Network (LN) a ‘third layer’ and a ‘new layer’ rests in between the bitcoin blockchain and LN payment channels. Also read: Peter Thiel, Bitcoin Astronaut, Moves Markets with Crypto Moonshot Channel Factories: Adding Another Layer […]
The post A New Second Layer: Channel Factories appeared first on Bitcoin News.
Powered by WPeMatico
Transaction fees, a bugbear for many in the bitcoin community, are on their way down. Spiraling fees were a contentious issue that reached fever pitch in the twilight of 2017. But with the dawn of a new year, bitcoin has been blessed with reduced fees, set against a backdrop of increased Segwit adoption. Also read: […]
The post Bitcoin Fees Are Falling Amidst Greater Segwit Adoption appeared first on Bitcoin News.
Powered by WPeMatico
Considering the persistent issues with the system at the moment, fast and cheap bitcoin (BTC) transactions might sound like a distant dream, but its realization might be just around the corner. The first transaction using real bitcoin to make a payment on the lighting network has recently been completed via mobile top-up service Bitrefill. Also […]
The post First Real Bitcoin Lightning Network Payment Completed via Bitrefill appeared first on Bitcoin News.
Powered by WPeMatico
Information about the revival of the project has been updated on the site dedicated to Bitcoin Segwit2X!
The Segwit2X hard fork was planned to be carried out in mid-November. However, futures trading is still conducted at a number of crypto-exchange markets at a price near 0.01 BTC (HitBTC). In addition to implementing Segregated Witness, our team has already implemented:
The post PR: Segwit2x to Be Reborn in Coming Weeks Ahead appeared first on Bitcoin News.
Powered by WPeMatico
In the network appeared news that one of the offline casinos has placed a test model of the world’s first slot machine, fully working on blockchain technology. The futuristic style terminal developed by SmartPlay.tech represents the hardware realization of classical European roulette table.
The post PR: SmartPlay.Tech – Blockchain Gambling Machine Placed in the Land-based Casino appeared first on Bitcoin News.
Powered by WPeMatico
Scaling cryptocurrencies has been a very problematic endeavor for most of 2017. In fact, it has been a problem ever since Bitcoin was created but only became more apparent in recent years. While most people are waiting for the Lightning Network to arrive, there’s another possible solution on the horizon. Bolt allows people to conduct anonymous micropayments. It is a solution well worth looking into, even though it has no official release date yet. Bolt is a Lightning Network Alternative In the world of finance and technology, one should never put all his or her eggs in one basket. This definitelyPowered by WPeMatico
The Coinbase development team has been accused of “technical incompetence” after amassing millions of UTXOs through careless housekeeping. Unspent Transaction Outputs, or UTXOs, are the change that’s left after sending a bitcoin payment. Wallet providers are supposed to sweep these crumbs up and bundle them in with future transactions. Coinbase, it transpires, has been hoarding […]
The post Coinbase Accused of Technical Incompetence After Hoarding Millions of UTXOs appeared first on Bitcoin News.
Powered by WPeMatico
In 2013, one bitcoin cost $20. In 2017, it costs $20 to send one bitcoin. With record highs, thriving adoption, and media attention, this should be a celebratory time for bitcoin believers. And yet it’s hard to shake the feeling that something isn’t quite right. How did we reach a point where the world’s bank […]
The post Bitcoin Fees Have Become Infeasible appeared first on Bitcoin News.
Powered by WPeMatico
This is a weekly trading tips series called ’Writing On The Wall’, in which our game theory guide, Eric Wall, tries to decipher market signals. This week, strategies for 2018; 2017 has been an absolutely insane year for crypto. For traders, it’s been packed with an endless myriad of opportunities and little time to properly […]
The post Trading Column `The Writing On The Wall´ – Strategies for 2018; Hodl or Diversify? appeared first on Bitcoin News.
Powered by WPeMatico