Lightning Is the Common Language of the Bitcoin Economy

Lightning is becoming a translation layer, or a glue, that holds together different systems built on Bitcoin.

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Stablecoins on Bitcoin coming soon, suggests Lightning Labs CEO

Elizabeth Stark unpacked the basics of Bitcoin Lightning at FT Live’s Crypto and Digital Assets Summit and teased a new development on Bitcoin’s leading layer 2.

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Replacement cycle attack in the Lightning Network

The Bitcoin Lightning Network is a layer-2 scaling solution for Bitcoin, aimed at addressing the scalability challenges of the Bitcoin blockchain. It enables instant and low-cost Bitcoin transactions,The post Replacement cycle attack in the Lightning Network appeared first on AMBCrypto.

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Bitcoin Lightning Network experiences capacity and channel surge

The Bitcoin ecosystem continually evolves, adapting to the demands of a growing user base and the challenges of scalability. A critical component in this evolution is the Lightning Network, a layer-2 solution designed to facilitate faster and more efficient Bitcoin transactions.

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Bitcoin builder climbs Africa’s tallest mountain to raise awareness

Advocates for the Bitcoin Lightning Network and decentralized protocol Nostr funded Kweks’ Kilimanjaro climb.

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THNDR Targets $95 Billion Gambling Sector With New Bitcoin Lightning API

Users can now place wagers in bitcoin on online games with funds being paid out instantaneously, thanks to the Bitcoin Lightning Network.

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El Salvador Diary: Lightning Is Key to Bitcoin Adoption

As he travels around the first country to adopt Bitcoin as legal tender, Jonathan Martin finds that few are using it. But Lightning integration could soon change the game.

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Lightning Network Bitcoin Deposits Now Live on Binance

Bitcoin holders that want to deposit their assets to crypto exchange Binance using the lightning network, a bitcoin scaling solution.

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Lightning Labs launches rebranded 'Taro' amid Bitcoin's BRC-20 bottleneck

Lightning Labs have unveiled a new solution to the clunky process for minting new assets on the Bitcoin network.

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Surging Bitcoin Lightning Network adds 2.5K nodes in one week, hits all-time highs

In this exclusive Alpha report, we delve into the recent growth of the Bitcoin lightning network, with over 2,500 new nodes in just one week and 5,470 locked Bitcoin at its capacity. As adoption rapidly increases, there's a vital question that remains.

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Major Adoption News For Bitcoin: POS Giant Clover Starts Lightning Trial

Bitcoin’s adoption into the mainstream – not only as a store of value but also as a means of payment – took a big step forward today. As Strike CEO Jack Mallers announced via Twitter, the Bitcoin Lightning Network went live yesterday with Clover.

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POS Giant Clover Teams Up With Strike To Bring Bitcoin’s Lightning Network To Millions Of Merchants

A 90-day trial period kicks off Clover’s integration with the Bitcoin Lightning Network, enabling faster, cheaper payments at merchants.

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Bitcoin advocate dishes out sats over Lightning Network to raise BTC awareness

A Twitter user from the United Kingdom spent hours sending micropayments to strangers on the internet to demonstrate the Bitcoin Lightning Network.

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Bitcoin’s Lightning Capacity Soars, Why The U.S. Plays A Big Role

One of the largest Bitcoin Lightning Network (LN) node operators, River Financial, recently posted a report on this second-layer payment solution. Previously conceived as an experiment used by savvy BTC holders, the LN is quickly becoming a key component in this blockchain’s ecosystem and its potential ticket into the mainstream. Related Reading: NFTsNexo NFTs Dying? […]

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River Financial Offers Payment Gateway for Bitcoin’s Multi-Asset Upgrade

The River Lightning Services solution wants to help developers utilize Taro, the Lightning Network upgrade bringing stablecoins and other assets to Bitcoin

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BOLT 12 And LNURL: What Is The Future For Bitcoin’s Lightning Network?

BOLT 12 and LNURL seem to accomplish the same things for users of the Bitcoin Lightning Network. But what are the technical differences?

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Bitcoin Lightning payment volume increased 400% in a year, here’s why

Bitcoin’s “scaling solution” for fast payments, the Lightning Network, is becoming increasingly popular around the globe. The post Bitcoin Lightning payment volume increased 400% in a year, here’s why appeared first on CryptoSlate.

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Lightning Labs Raises $70M to Bring Stablecoins to Bitcoin

The Taproot-powered “Taro” protocol aims to bring low-fee stablecoin and asset transfers to the Bitcoin Lightning Network.

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Bitcoin Rewards Platform Satsback v2 Launches

The EU-based service now offers bitcoin cashback through Lightning in over 10,000 online merchants.

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This Mexican group will adopt Bitcoin Lightning 'very soon'

The Lightning Network (LN), a layer 2 payment solution built on top of the Bitcoin blockchain, enables transactions at minimum cost and time. In fact, it is touted to be the solution to Bitcoin’s scThe post This Mexican group will adopt Bitcoin Lightning 'very soon' appeared first on AMBCrypto.

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Substack, with over 500,000 Paid Subscribers, Adds Bitcoin Lightning Payments

Online publisher Substack announced Monday that it has integrated Bitcoin Lightning payments. This option to pay in BTC is only made available to select publishers for now and will be further rolled out broadly based on the feedback and demand from early experiments, said the company.

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Email Subscription Platform Substack Adds Bitcoin Lightning Payments

Substack with over half a million subscribers, announced Monday it has integrated Bitcoin Lightning payments in collaboration with OpenNode, a payment processor offering Bitcoin and Lightning optimized API solutions for businesses.

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Jack Dorsey says every Twitter account should be linked to a Bitcoin Lightning Wallet

Twitter boss Jack Dorsey said every account on his social media platform should link to a Bitcoin Lightning Wallet. The post Jack Dorsey says every Twitter account should be linked to a Bitcoin Lightning Wallet appeared first on CryptoSlate.

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Here's the full story behind Bitcoin Lightning's 'comeback'

There was once a period when scaling Bitcoin was the next developmental step. It fueled the rise of the Bitcoin Lightning Network in 2018. Over time, however, the hype and functionality of the L2 paymThe post Here's the full story behind Bitcoin Lightning's 'comeback' appeared first on AMBCrypto.

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Lightning Network Stakeholders Brace for Bullish Run as Bitcoin Adoption Increases

Over the last few days, Bitcoin has been on a meteoric rise hitting new all-time highs for 2020. This latest stride has opened up new doors for those using Bitcoin’s Lightning Network. Lightning users are bracing themselves for the bull run that always follows when new users arrive.

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Lightning Startup Zap Raised $3.5M for Bitcoin App Ahead of Visa Deal

The Lightning startup Zap Inc. just raised its first round to build out both mobile bitcoin wallet services and a Visa partnership in 2020.

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WikiLeaks Shop Now Accepts Bitcoin Lightning Payments

In 2011, WikiLeaks was among the first organizations to accept donations in bitcoin. Now its shop is taking bitcoin payments over Lightning.

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BitPay Has No Current Plans for Bitcoin’s Lightning Network, Seeing Growth in Stablecoin Use

BitPay won’t be using Lightning or Liquid any time soon, with actual Bitcoin payments still accounting for 95% of transactions.

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Bitcoin Wallets Are Adopting This Tech to Simplify Lightning Payments

Bitcoin’s Lightning network has a long way to go in terms of user experience. To tackle this problem, a standard known as lnurl is quietly gaining ground.

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Open-source Bitcoin development funded mainly by Blockstream and Lightning Labs

Bitcoin has today become synonymous with cryptocurrencies and decentralization. What started off as project popular only among a certain group of tech enthusiasts and cryptographers has now become oneThe post Open-source Bitcoin development funded mainly by Blockstream and Lightning Labs appeared first on AMBCrypto.

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Bitcoin's Liquid leaves the 'Lightning' behind with higher BTC volume

Bitcoin's Lightning Network continues to find its way into headlines. However, perhaps the scaling solution would have liked to avoid the kind of attention it is receiving at the moment. The secondThe post Bitcoin's Liquid leaves the 'Lightning' behind with higher BTC volume appeared first on AMBCrypto.

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Bitcoin Scaling Layer Lightning Network “Works Like a Charm”, Says Bitfinex CTO

The first week of Lightning Network support at cryptocurrency exchange Bitfinex, has seen more than 800 transactions make use the Bitcoin payments layer. The company’s Chief Technical Officer Paolo Ardoino says customers have deposited more than seven Bitcoin (~$52,000) to the exchange since it added Lightning payments.

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Wall Street Trader: Bitcoin’s Lightning Network ‘Pulled Me in’

Bond market veteran Nik Bhatia says that with Lightning, Bitcoin has become an unprecedented asset, combining a store of value with medium-of-exchange scale and speed

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How Bitcoin’s Lightning Can Be Used for Private Messaging

Bitcoin's lightning network might have a use case beyond faster and more scalable payments, thanks to an experimental version called Whatsat.

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Living on Bitcoin in Europe: Lightning Strikes in Berlin

If Arnhem is the Bitcoin city, then Berlin’s Room 77 is the Bitcoin bar. Plus, beer with hodlonaut and visits to the Lightning Conference and c-base. The post Living on Bitcoin in Europe: Lightning Strikes in Berlin appeared first on Bitcoin Magazine.

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Bitcoin’s Lightning Network Is A Dangerous Neighborhood

Lightning Network is supposed to be the panacea for bitcoin’s scaling issues and it is a much hailed project among bitcoin proponents. And it is conversely, much mocked project by the altcoin fans and bitcoin skeptics.

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Lightnite: Like Fortnite — But With Bitcoin, Powered by Lightning

Lightnite targets Fortnite video gamers by integrating the Bitcoin Lightning Network for micropayments. The post Lightnite: Like Fortnite — But With Bitcoin, Powered by Lightning appeared first on Bitcoin Magazine.

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Bitcoin’s Dropping Lightning Capacity Might Not Be a Bad Thing

A look at some recent data around usage on bitcoin's lightning network.

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Serious Bitcoin Lightning Network Security Vulnerability Has Finally Been Fixed

On August 30, software programmer Rusty Russell announced that he had found a major security vulnerability in various lightning projects that could have allowed attackers to strip users off their money.

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Discovering Bitcoin: A Brief Overview From Cavemen to the Lightning Network

Introducing the seven article series.

The post Discovering Bitcoin: A Brief Overview From Cavemen to the Lightning Network appeared first on Bitcoin Magazine.

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Bitcoin Lightning Network Usage Shows Signs of Regression

Many Bitcoin enthusiasts have high hopes for the Lightning Network. For a technology which has been accessible for some time now, it seems there isn’t much growth to take note of. In fact, it appears things are slowly growing worse as more time progresses.

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Bitcoin Lightning Network Expands 100% In H1 2019

Bitcoin’s Lightning Network (LN) has almost doubled its node count and capacity in the first half of 2019, new data shows. Bitcoin Lightning Doubles In H1 Statistics from monitoring resource Coin Gecko confirmed the network’s capacity expanded 87% in the period from January 1 – June 30.

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A Security on Bitcoin’s Lightning Network Could Protect Users from Thieves

In the last research report published on July 15, 2019, Bitmex analyzes the Bitcoin Lightning Network with respect to channel closure. The research is focused on a mechanism called “Justice Transactions” that punish dishonest parties and prevent them from stealing funds from other Lightning channels.

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Op Ed: Lightning Network Consensus Is a Marketplace and That’s Okay!

To Bitcoin or Not to BitcoinDuring the “scaling debate” before the SegWit2X user-activated soft fork (UASF), Bitcoin businesses were getting their first bitter taste of Bitcoin’s censorship resistance.

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These 13 Bitcoin Lightning Network Upgrades Will Solve Its ‘Biggest’ Hurdles

The Bitcoin Lightning Network will overcome some of its “biggest hurdles to use” in the near future as new features roll out from developers. From Experiment To Bitcoin Killer App That was according to Guy Swann, the presenter of the Cryptoconomy podcast, who this week dedicated two episodes to introducing Lightning and analyzing its upcoming changes.

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CNBC Trader: Lightning Network Is Driving Bitcoin’s Resurgence

By CCN: Bitcoin must have been struck by lightning – the Lightning Network. That’s what some crypto observers are saying is behind bitcoin’s price surge. As part of its blockchain Week coverage, CNBC has hosted a series of crypto players to analyze what’s going on in the suddenly-roaring industry.

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Apple Watch Users Can Now Receive Bitcoin Through New Lightning App

Coinspeaker Apple Watch Users Can Now Receive Bitcoin Through New Lightning AppBluewallet launches a new application for Apple Smartwatch using Lightning technology. From now on users can receive Bitcoin payments on their smartwatch.

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Bitcoin’s Lightning Network: Users can lose all their money through no fault of their own, says Peter R Rizun

Peter R Rizun, the Chief Scientist of Bitcoin Unlimited, was previously in the headlines following his comments about the Lightning Network, the second-layer protocol proposed to solve Bitcoin’s scalability problem.

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Greedy Bitcoin Traders Drive Fees up 200% – Here’s What You Can Do

A CCN reader wrote in to ask us to explain why he has 13 payments pending in the Bitcoin blockchain. The answer is simple enough: at any time, the Bitcoin main chain can become congested. The only way to ensure Bitcoin payments arrive in a very timely fashion is to either pay the highest possible fee or use Lightning Network, which is still gaining traction.

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