Lightning Network ‘Really Does’ Solve Bitcoin Scaling: Andreas Antonopoulos

Andreas Antonopoulos has defended the Lightning Network as an optimal Bitcoin scaling solution, saying it is “naive” to assume that its current nascent state means it will fail to scale in future. Critics ‘Misunderstand Engineering’ Speaking as part of his regular Q&A sessions, the celebrated cryptocurrency educator and lecturer addressed criticism of Lightning, which remains […]

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Bitcoin’s Lightning Network Gets Charged With 7 New ‘LApps’

Adam James · March 27, 2018 · 9:00 pm Few things in the cryptocurrency space are as promising as Bitcoin’s Lightning Network — a second layer payment protocol enabling instant transactions between participating nodes. With the unveiling of seven applications utilizing the technology this week, that fact is only becoming more apparent. Powered by Lightning This […]

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Lightning Network Mainnet Passes 1000 Nodes as Release ‘Nears’

Wilma Woo · March 12, 2018 · 5:00 am The Lightning Network (LN) has passed 1000 active nodes on its Bitcoin mainnet implementation, marking a major milestone for the scaling solution. Lightning: 1003 Nodes, Almost 2000 Channels Data from monitoring resources show 1003 nodes online at press time March 12, with a record high 1892 […]

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Goodbye Bitcoin Cash? Microsoft: On-Chain Scaling ‘Degrades Decentralization’

Wilma Woo · February 13, 2018 · 1:15 am Microsoft has concluded that so-called ‘layer 2’ solutions are necessary for Bitcoin to scale and is “collaborating” on the technology. Microsoft: On-Chain Fails To Meet Capacity Needs In a blog post on Monday, Director of Program Management at Microsoft’s Identity Division Alex Simons said that layer 2 […]

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