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Posts published in “Lightning Network”

Lightning Network Goes to Congress as Specter of Crypto Policy Grows

This week, non-profit advocacy group Coin Center joined the Congressional Blockchain Caucus on Capitol Hill for a presentation on cryptocurrency that featured a one-satoshi Lightning Network micropayment. The talk comes after several inroads toward a more mature U.S. crypto policy landscape have materialized in recent days.  Also read: Bakkt Acquisition: Backend Buyup to Boost Crypto Amid Payments …

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The post Lightning Network Goes to Congress as Specter of Crypto Policy Grows appeared first on Bitsonline.

Bitfury Brings Lightning Network Payments to the First Bitcoin Exchange

Bitfury’s Lightning Peach team has just announced the implementation of Lightning Network payments on cryptocurrency exchange BTCBIT. This is the result of an ongoing collaboration between the two companies. Fast (And Cheap) As Lightning Lightning Network is a second-layer protocol, utilizing a large network of open two-party channels, to enable multiple payments, without the need to record each one individually to the underlying Bitcoin blockchain. This circumvents Bitcoin’s transaction rate limit, allowing faster transactions and

The post Bitfury Brings Lightning Network Payments to the First Bitcoin Exchange appeared first on Bitcoinist.com.

Lightning Network Already a ‘Sleeping Giant’ For Non-Speculative Use Cases

Lightning Network developers are quick to tell people the second-layer scaling solution isn’t production-ready technology. That reality hasn’t stopped people and businesses from dipping their toes in Lightning’s water regardless. Also read: Next Up: Bitwise Bitcoin ETF Would Track BTC, ‘Meaningful Hard Forks’ Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Lightning …

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The post Lightning Network Already a ‘Sleeping Giant’ For Non-Speculative Use Cases appeared first on Bitsonline.

Lightning Network Without Invoices Brings Us Closer to Streaming Money

lightning network bitcoin streaming money liquid

A new feature for Bitcoin’s Lightning Network (LN) implementation allows users to send funds instantly without needing to first create an invoice. Sphinx Enables ‘New Use Cases’ The latest upgrade, ‘Sphinx,’ which developers describe as being a “work in progress,” is nonetheless already available to anyone. “The coolest part about this new feature is that it can be used today in the wild as long as both nodes are updated to this branch!” author Olaoluwa

The post Lightning Network Without Invoices Brings Us Closer to Streaming Money appeared first on Bitcoinist.com.

Atomic Swaps Are Coming to BTCPay This Year, Says Nicolas Dorier [Interview]

Bitcoinist caught up with Nicolas Dorier, a developer of open-source and self-hosted Bitcoin payment processor alternative, BTCPay, who spoke about upcoming features such as atomic swaps, and making BitPay obsolete for businesses that don’t care about handling bitcoin.  ‘Nothing is Unsolvable in the Long Run’ Bitcoinist: In August 2017, you posted one of the most epic tweets aimed at BitPay calling out their lies and vowing to make the company obsolete. Can you reflect on

The post Atomic Swaps Are Coming to BTCPay This Year, Says Nicolas Dorier [Interview] appeared first on Bitcoinist.com.

Crypto Market Update: Litecoin Lifted on Lightning Network Milestone

FOMO Moments Crypto markets immobile on Sunday; Litecoin leading, Cardano recovering. There has been another slight pullback on crypto markets this Sunday as a range bound channel starts to form. Market capitalization has remained over $130 billion but only just, there has been very little movement over the weekend. Bitcoin has retreated another percent or...

The post Crypto Market Update: Litecoin Lifted on Lightning Network Milestone appeared first on NewsBTC.

BTC Wallets Take One Small Step For Lightning, One Giant Leap for Bitcoin

Bitcoin Lightning wallet giant leap

New user-friendly Bitcoin Lightning wallets such as Bluewallet are ushering in the future of payments. Users can now send and receive Bitcoin Lightning payments right to/from your mobile device, the ramifications of which could be revolutionary for the future of online payments.  Bitcoin Lightning Wallets Are Setting the Bar Following the first review of Bluewallet by Bitcoinist less than a week ago, the wallet app now supports generating invoices and thus, receiving Lightning Network (LN)

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Grandma-Friendly Bitcoin Lightning Network Wallet Launches in Australia

Australia Sydney Lightning

A partnership to roll out Bitcoin payments using the Lightning Network across Australia went live January 4 with the beta launch of Wallet of Satoshi. 1000 Beta Wallets Launch The product of payment gateway Living Room of Satoshi (LRS) and TravelbyBit, billed as “Australia’s first cryptocurrency travel agency,” the wallet aims to bring Lightning payments to entry-level Bitcoin users. As Bitcoinist often reported, LN has made significant progress over the past year, breaking records for

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MIT: Blockchains Will Become ‘Boring’ in 2019

MIT

‘Boring’ isn’t usually a word associated with blockchains. However, according to a recent article by MIT Technology Review, that’s exactly what they will become this year — as well as more useful. You don’t have to be a crypto veteran to know that this industry is famously volatile. The highs and (mostly) lows of recent months are characteristic of the crypto space. An 80 percent drop in value from one year to the next is

The post MIT: Blockchains Will Become ‘Boring’ in 2019 appeared first on Bitcoinist.com.

Bluewallet Lets You Send Bitcoin Lightning Payments from Your iPhone

Bluewallet appears to be setting the bar for the next generation of Bitcoin wallets. Available for both Android and iOS, it is the first to integrate the Lightning Network (LN) for super-quick and “unfairly cheap” transactions. First Bitcoin Lightning Wallet on iOS It should be mentioned that this review is largely aimed at users who are either not tech-savvy enough or don’t have have the time or both (like me) to set up their own

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