Is Lightning Community the Most Optimum Bitcoin Scaling Resolution?

The Lightning Community has been topic to controversy because it’s rise to prominence in 2016. Championed as BTC’s answer to scaling, 1000’s of individuals within the Bitcoin neighborhood voiced their opinions on the way it wouldn’t work. Now, almost a yr and a half later, it’s nonetheless receiving criticism concerning its centralization, routing points, and…

BitMEX Analysis Confirms Lightning ‘Justice’ Works

The Lightning Community, as Bitcoin’s second layer for fast funds and better transaction privateness, requires an identical diploma of safety robustness. Nevertheless, as a result of variations in its structure from Bitcoin, the means to ensure the honesty of members can’t depend on the identical Nakamoto Consensus design. The intricacies of fee channels and community…

We Used Lightning Funds for Non-public SMS Messaging: Right here’s How It Labored

Bear in mind the ever present public pay telephones? Not so way back, you might discover them at each avenue nook they usually allowed anyone to both make cheap calls or obtain vital messages in determined conditions. They have been personal within the sense that they required no identification, they provided a impartial diploma of…

Bitcoin Startup Brings Lightning Community Funds to Amazon, Entire Meals

U.S.-based funds startup Fold has made Lightning Community funds potential at Amazon, Starbucks, Uber and different massive title retailers. United States-based funds startup Fold has made Lightning Community (LN) funds potential at Amazon, Starbucks, Uber and different massive title retailers. The information was revealed in an official weblog publish published on July 10. As beforehand…

Taking part in on Layer 2: Satoshi’s Video games Brings Lightning to the Subsequent Stage

Although Bitcoin’s second layer is generally appreciated for its pace and scalability, it additionally helps allow some interesting smart contract functions. On this regard, the intricate microtransaction options have impressed lovers to work on Lightning purposes (LApps) that disrupt all the pieces from content material monetization (with Y’alls and LNCast) to privacy-friendly textual content messaging…

What’s the BOLT Protocol? Enhanced Privateness on the Lightning Community

Bitcoin’s Lightning Community (LN) is commonly considered as a lift to the legacy cryptocurrency’s privateness contemplating funds are off-chain. Whereas that is true to a sure extent, the network-level evaluation of funds passing by means of nodes has the potential to scale back this privateness and de-anonymize customers. How do you deal with privateness considerations…

Rap Icon to Settle for Bitcoin Lightning Funds at On-line Retailer

The 18-year-old rap musician Lil’ Pump has introduced that his on-line retailer will settle for funds for merchandise by way of the Lightning Community. Followers of the artist will have the ability to spend Bitcoin on merchandise from Lil’ Pump’s trend line, “Sad” utilizing the modern micropayment answer. Though such acceptance tales don’t straight translate…

OpenNode Declares a Shopify Bitcoin Lightning Community Plugin

OpenNode say they’re the best method for retailers to settle for Bitcoin charging one % for each transaction. True to their world, they’ve announced a Shopify Lightning Community plugin serving to retailers “uncover new methods to monetize and scale.” At its core, the platform is a “easy and dependable funds stack” and with their sturdy…