Researcher’s Scathing Lightning Network Analysis Finds Flaws

On January 7, digital preservation researcher David Rosenthal published an overview of BTC’s Lightning Network (LN) which claims LN infrastructure isn’t decentralized and privacy-preservation is a myth. Rosenthal’s analysis found significant flaws with the LN fee system and the editorial insists “in order for Lightning Network to provide privacy, it must be massively over-capitalized.” Also […]

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Here’s What Happens When You Use Lightning Network for the First Time

Here’s What Happens When You Use Lightning Network for the First TimeDo you remember receiving your first bitcoin? Seeing those satoshis arrive in your wallet is a magical, almost spiritual, experience. In that moment, the most beautiful thing about bitcoin is not its censorship resistance or pseudonymity: it’s that it works at the first time of asking. No pending account verification, no weekend processing delays, and […]

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Lightning Network Wiki Page Faces Removal for Lack of Notability

Lightning Network Wiki Article Faces Removal for Lack of NotabilityA slew of Wikipedia editors would like to delete the Lightning Network (LN) Wiki page because the subject matter does not hold notability. Wikipedia editors use notability as a test to find out if a topic warrants its own article. The LN article debate on Wikipedia is still raging as a few editors believe the […]

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

Lightning Network User Confused By Protocol: Lost 30,000 USDThe 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 […]

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‘Avoid Biased Calculations’ Says Crypto Researcher After Cherry-Picked Chart Debate

‘Avoid Biased Calculations,’ Says Crypto Researcher After Cherry Picked Chart DebateOn Friday, crypto analytics site Messari and data analyst Zack Voell shared a controversial chart called “Bitcoin Cash versus Lightning,” which claims to display a comparison of activity for both networks. Voell contended that the Lightning Network was growing at a faster rate than the scaling solution BCH has to offer. The way the chart […]

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Bitcoin’s Scaling Problems Forced Facebook to Launch Libra

Bitcoin’s Scaling Problems Forced Facebook to Launch LibraIf 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 […]

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Lightning Network’s Antifraud Methods Inferior to Nakamoto Consensus, Research Shows

Lightning Network's Antifraud Methods Inferior to Nakamoto Consensus, Research ShowsThe Lightning Network, the touted scaling solution for the BTC chain, has recently seen its capacity decrease significantly and the beta project is still best suited for a cliche of technically savvy users. Now according to an analysis by Bitmex Research, the Lightning Network’s nodes have taken 2.2 BTC in “justice transactions” even though the […]

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What’s the Deal With the Lightning Network?

What’s the Deal With the Lightning Network?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 […]

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BCH vs. BTC: Which Offers Greater Privacy?

Crypto. A New Paradigm of Privacy and IDDo you want every person you ever transact with to know how much is in your wallet and your net worth? Of course not. That’s why you need and want to mix your coins to hide where they came from before you use them. The degree of privacy you can expect by default, however, varies […]

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Three Very Different Paths to Blockchain Scaling

Three Very Different Paths to Blockchain ScalingHow do you scale a blockchain so that it can process hundreds or even thousands of transactions per second – but without compromising on decentralization? It’s a question that has kept some of the brightest minds in the space awake at night, and some of the more ardent crypto factions sniping at each other for […]

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