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Since the project launched a little over six months ago, Wrapped Bitcoin (WBTC) has roughly $5.9 million or 558 BTC locked into the system. At the rate WBTC’s token contract is climbing, the project is close to surpassing the Lightning Network’s capacity in the near future. Also read: The ”Wrapped Bitcoin” Project Has Now Officially […]
The post Ethereum’s Wrapped Bitcoin Set to Eclipse Lightning Network Capacity appeared first on Bitcoin News.
The Lightning Network, the touted scaling solution for the BTC chain, has recently seen its capacity decrease significantly and the beta project is still best suited for a cliche of technically savvy users. Now according to an analysis by Bitmex Research, the Lightning Network’s nodes have taken 2.2 BTC in “justice transactions” even though the […]
The post Lightning Network’s Antifraud Methods Inferior to Nakamoto Consensus, Research Shows appeared first on Bitcoin News.
Bitcoin Lightning Network nodes have claimed 2.2 BTC in “justice transactions” to deter potential thieves since Dec. 2017, according to BitMEX Research
U.S.-based payments startup Fold has made Lightning Network payments possible at Amazon, Starbucks, Uber and other big name retailers
Bitstamp cryptocurrency exchange set up its own Lightning Network node in a move to boost the network’s capabilities
Lightning Network support coming to Electrum, founder reveals
Gab has made a bid to seal $10 million in a Series A crowdfunding round that will enable it to decentralize its infrastructure and integrate bitcoin and Lightning Network payments
Bitrefill has made it possible for Coinbase users to access its suite of Bitcoin Lightning services directly from within their exchange accounts
Remember that layer two scaling solution they promised for Bitcoin back in the day? Does anyone know what happened to it? It feels like we’ve been waiting for a finished Lightning Network longer than Mt. Gox victims have been awaiting restitution. For now, Lightning is accessible to users with the skills to navigate its quirks […]
The post What’s the Deal With the Lightning Network? appeared first on Bitcoin News.
There’s a new Simple Ledger Protocol (SLP) based token called BTC2 that’s backed 1:1 with BTC. People can obtain the BTC2 token using cryptocurrency swapping application Sideshift.ai. With BTC2, you can essentially transact BTC, but with the same network fee (less than a penny) as bitcoin cash transactions. Also read: Meet the Developer Who Added […]
The post New SLP Token Allows You to Transact in BTC But With BCH Fees appeared first on Bitcoin News.