Will Lightning Network (LN) Survive as a Solution to Bitcoin’s Payment Problems?

2019-8-26 17:49

The Lightning Network (LN) is a second layer solution on Bitcoin, allowing users to transfer funds across channels without using the blockchain. The idea, started off by Satoshi, uses routed payment channels technology to complete the transactions instantly.

Despite the benefits of the LN network including the instant transfers, peer to peer channels and decongestion […]. origin »

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Out of Testnet and Into Alpha: Lightning Labs’ Desktop Application Is Live

Lightning Labs just released an alpha version of its Lightning Network wallet. The desktop application is now compatible with Bitcoin’s mainnet and it leverages Neutrino (the protocol, not the analytics company acquired by Coinbase) to give users a lightweight option to “control their own funds,” as opposed to running a full node or trusting a third party to play custodian.

2019-4-24 01:38


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Lightning Loop Lets Users Empty Lightning Channels Without Closing Them

Lightning Labs, the development team working to grow the Lightning Network, just released the alpha version of a new protocol called Lightning Loop. Lightning Loop is designed to give users the ability to deposit and withdraw bitcoin from their payment channels (the two-way payment gateways that allow users to send and receive funds to and from each other) without closing these channels entirely.

2019-3-22 20:32


Bitcoin’s Second Layer Blockchain Tech, the Lightning Network, Not Ready for Mainstream Use Yet

The idea behind the Bitcoin Lightning Network might’ve sounded something like this: we really don’t need to keep a record of every single transaction on the blockchain. Instead, the Lightning Network adds another layer to Bitcoin’s blockchain and enables users to create payment channels between any two parties on that extra layer. These channels can […]

2018-12-13 21:30


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Instant Settlement Series: The Gambling Industry

The fifth part in an article series by Ivan Makedonski from Breez on how Lightning's instant settlement finality can be a disruptive force fundamentally changing how different industries are organized.