Visual cognition startup CloudSight has announced that it will now support Bitcoin Lightning payments, accepting microtransactions to gather and share visual knowledge to allow AI to learn from AI.
CloudSight utilizes data to train deep learning neural networks to automatically caption images.
The incorporation of Bitcoin Lightning means that microtransactions between devices can happen at great speed, unlocking an exchange of information that was previously difficult.
“Today, while the information economy continues to grow, data providers are seeking new methods for upgrading traditional payment networks to handle the future of AI communication,” CloudSight founder and CEO Brad Folkens said.
“At CloudSight, we found that Bitcoin payments (BTC), via the Lightning network, offer the perfect pairing for a unique utility with our visual cognition neural networks.
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.
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.
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.
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.
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.
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.
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? […]
The River Lightning Services solution wants to help developers utilize Taro, the Lightning Network upgrade bringing stablecoins and other assets to Bitcoin
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
"Lightning fast" may eventually be a trademarked term for some crypto payments company or another, but "Bitcoin Jesus" Roger Ver used the phrase to hard-troll fans of the Lightning Network. Guerilla Marketing by Bitcoin's Favorite Jesus Turned Judas Saying "Bitcoin Cash is lightning fast" and posting a video where a transaction is "completed" within 15 […]
The post 'Bitcoin Jesus' Roger Ver Epically Trolls Lightning Shills appeared first on CCN Markets
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.
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.
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.
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.
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.
