Bitcoin Lightning Network Reaches 30K Channels and 7K Nodes with Support from Jack Dorsey

Bitcoin Lightning Network Reaches 30K Channels and 7K Nodes with Support from Jack Dorsey

Read More

The Bitcoin Lightning Network has seen strong growth, surpassing 30,000 channels and close to 7,000 nodes in 2019. The network has reached new levels of capacity, currently supporting 738 BTC. When combined with endorsements from Twitter CEO, Jack Dorsey, support for the network doesn’t seem to be slowing down. Lightning Network Reaches Unexpected Heights Created…

Free Speech Social Network Gab Starts Accepting BTC

post-img

Read More

Gab, a social network dedicated to preserving freedom of speech, has announced that its store now accepts BTC directly after banks and payment processors denied the platform service. “Literally no one can no-platform our new crypto shop,” Gab announced. The platform integrated Btcpay Server after it was refused service by Coinbase and Bitpay. Also read: Indian…

Ron Paul Twitter Survey: 50% of People Prefer Bitcoin as a Long-Term Investment

post-img

Read More

In a recent Twitter poll issued by retired United States politician Ron Paul, half of the respondents indicated they would choose Bitcoin as a long-term investment over treasury bonds, Federal Reserve notes, and even gold. Ron Paul is a retired Republican and Libertarian politician, three-time presidential candidate, and former congressman of Texas’s 22nd congressional district.…

Fork Watch: Disputed Consensus and an Abundance of Game Theory

post-img

Read More

In less than 24 hours the Bitcoin Cash (BCH) network will be facing a hard fork involving consensus changes that are currently disputed and may lead to a blockchain split. Two development teams have proposed different paths for the Nov. 15 upgrade and the clashing BCH reference implementations will be incompatible with each other after…

ETH Bots Run Rampant While Twitter Claims to Ban Lookalike Accounts

ETH Bots Run Rampant While Twitter Claims to Ban Lookalike Accounts

Read More

According to reports the social media platform Twitter has been deleting millions of fraudulent accounts per day, and stated during the first week of July that it suspended more than 70 million accounts throughout May and June. However, the cryptocurrency industry is still plagued by tons of ‘ETH scam-bots’ pretending to be bitcoin luminaries and…

One Guy Controls the Lightning Network’s Biggest Node

One Guy Controls the Lightning Network’s Biggest Node

Read More

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…