Bitcoin Lightning Network Passes 8K Nodes as Mainstream Products Emerge

The Bitcoin Lightning Network scaling protocol has passed a fresh landmark of 8000 nodes as a new solution launches to increase its mainstream usage. Lightning Rides Growth Highs Lightning, which continues to advance its presence as Bitcoin’s foremost scaling solution, hosted 8016 nodes at press time April 16 according to monitoring resource 1ML.com, up 8 […]

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Bitcoin Lightning Network Hits 6,000 Nodes After Week Of Twitter Spotlight

Bitcoin’s mainnet Lightning Network implementation has hit new records across the board as its rapid growth continues in 2019. 6,000 Nodes, $2.4 Million Capacity Data from monitoring resource 1ML.com confirms that the number of active nodes, channels and overall transaction capacity of Lightning are all now higher than ever in its thirteen-month history. The increase […]

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Lightning Network Without Invoices Brings Us Closer to Streaming Money

A new feature for Bitcoin’s Lightning Network (LN) implementation allows users to send funds instantly without needing to first create an invoice. Sphinx Enables ‘New Use Cases’ The latest upgrade, ‘Sphinx,’ which developers describe as being a “work in progress,” is nonetheless already available to anyone. “The coolest part about this new feature is that […]

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Bitcoin’s Lightning Network is Quietly Scaling for the Next Bull-Run

Bitcoin passed more significant milestones this week as data reveals its Lightning Network (LN) implementation passed 500 BTC ($2,066,000) capacity for the first time. Lightning Network Sees Parabolic Rise Statistics from monitoring resource 1ML.com confirmed the record capacity for payments at press time, with the number of accessible nodes also rocketing 13.7 percent and channels […]

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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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Breaking Down the Blockchain Scalability Trilemma

Bisade Asolo · June 10, 2018 · 2:00 am Scalability is a term that we see increasingly being used in the community, especially in times of considerable demand. Scalability, Decentralization, and Security When the average transaction fee for Bitcoin steadily rose, questions were raised concerning Bitcoin’s ability to scale. Similarly, Ethereum’s scalability issues were made […]

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