State of Lightning: What’s the Path for Network Adoption in 2019?

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The “instant payments” network running atop bitcoin saw fast user adoption levels in 2018. Will the trend continue this year?

Analysis: Bitcoin Transactions at 10-Month High While Fees at 2-Year Low

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BTC has hit a 10-month high in transaction volume. Meanwhile, tx fees are at a multi-year low. These figures indicate that factors such as scaling improvements to the Bitcoin protocol, and the relatively modest price of bitcoin, have made transactions in the cryptocurrency extremely affordable. Growing Transactions Volume At 300,000 transactions per day, Bitcoin is…

BCH Devs Publish Bi-Directional Payment Concept Based on IPFS

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On Friday, Openbazaar and Bchd developer, Chris Pacia, revealed a new Bchd project feature currently in the making that would allow for Bitcoin Cash-based bi-directional payment channels. Moreover, in contrast to the Lightning Network, the Bchd developers explained that the team has created an overlay network based on the Inter-Planetary File System (IPFS). Also Read: A…

The New Effort to Get Bitcoin's Lightning Network In Every Browser

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Devs are looking to make bitcoin’s layer-two lightning network compatible with a payment standard used by all major browsers – and so far, so good.

One Guy Controls the Lightning Network’s Biggest Node

One Guy Controls the Lightning Network’s Biggest Node

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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…

Bitcoin Lightning Capacity Rises 68% in 1 Month, Progress in Scaling and Micropayments

Bitcoin Lightning Capacity Rises 68% in 1 Month, Progress in Scaling and Micropayments

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The capacity of the Lightning Network, a micropayment channel that is compatible with Segregated Witness (SegWit) and a layer two scaling solution deployed on top of the Bitcoin protocol, has increased by 68 percent in the past 30 days. Irek Zielinski, a software developer, and Bitcoin researcher, revealed the total sum of micropayment channels on…

MIT Is Testing A Smart Contract-Powered Bitcoin Lightning Network

MIT Is Testing A Smart Contract-Powered Bitcoin Lightning Network

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A recently completed MIT test showcases how bitcoin might not just scale, but do so in a way where it’s transactions are more expressive than today.

CoinGate to Integrate Lightning Network for Bitcoin

CoinGate to Integrate Lightning Network for Bitcoin

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CoinGate has unveiled sandbox testing for Lightning Network, making the Lithuanian payment processor one of the first businesses to integrate the Bitcoin scaling solution. After implementing SegWit addresses in December 2017, the move is CoinGate’s second Bitcoin-friendly addition — taking the platform a step closer towards its goal of being the first to integrate Lightning…