Cambridge University Study: Speculation of the Death of Bitcoin ‘Greatly Exaggerated’

Following news that verified crypto-user numbers doubled in the first three-quarters of 2018, the study by Cambridge University also concluded that the death of Bitcoin amid an 85% drop in price has been ‘greatly exaggerated’ by the media.  Cambridge University: Bitcoin Mining Diversifying Aside from the influx of new users, the report titled 2nd Global Cryptoasset Benchmarking Study reveals several […]

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Bitcoin Lightning Network Capacity Quadruples Since November

Lightning Network continues to grow at a phenomenal rate, with capacity now topping 460 BTC, and a reported 16,000+ channels. Lightning Network Sees Accelerating Growth It feels like Lightning Network (LN), bitcoin’s energetic, frugal young apprentice, is in the news every other week. Certainly, LN is regularly breaking fresh milestones, although to be fair, there are […]

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There’s a ‘Concerted Effort to Suppress Litecoin Price,’ Says Charlie Lee

Litecoin creator, Charlie Lee, took to Twitter, complaining about recent efforts to “suppress Litecoin price” with FUD spreading by those “shorting LTC and… that see Litecoin as a threat.” Big Up Da Litecoin Lee had a lot to say regarding accusations that Litecoin 00 had lost its edge in an increasingly oversaturated market. Illustrating the […]

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At 100 BTC And 12k Channels, The Lightning Network is Larger Than Ever

The Lightning Network for Bitcoin became bigger than any time in history this month as capacity reached 100 BTC ($730,000) in a new first. Participants Break New Barriers Data from monitoring resource 1ML confirms the milestone, which caps an extraordinary period of growth for Lightning over the summer months. Currently, 3350 nodes and over 12,000 […]

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New Off-Line Wallet Can Exchange Bitcoins Using C-Lightning

Several technological initiatives and devices designed to make Bitcoin transactions faster, safer, and cheaper are streaming into the crypto space. The latest is Spark, which is a wallet that facilitates sending and receiving Bitcoin, using c-lightning. Simple Interface to Pay with Bitcoin over the Lightning Network The Lightning Network is growing, enabling faster transactions among nodes. […]

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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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Andreas Antonopoulos: 6 Things Critics Keep Getting Wrong About Lightning Network

Emilio Janus · February 19, 2018 · 11:45 am Is Lighting Network the second coming for Bitcoin or the coming of centralization? Andreas Antonopoulos states his case for the former in his latest video. A lot of misconceptions have arisen about the Lightning Network and the effect it will have upon Bitcoin. Look around the […]

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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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