Ethereum’s Wrapped Bitcoin Set to Eclipse Lightning Network Capacity

Ethereum's Wrapped Bitcoin Set to Eclipse the Lightning Network's CapacitySince 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 […]

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Lightning Network’s Antifraud Methods Inferior to Nakamoto Consensus, Research Shows

Lightning Network's Antifraud Methods Inferior to Nakamoto Consensus, Research ShowsThe 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 […]

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What’s the Deal With the Lightning Network?

What’s the Deal With the Lightning Network?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 […]

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New SLP Token Allows You to Transact in BTC But With BCH Fees

New SLP Token Allows People to Transact With BTC, but With Bitcoin Cash FeesThere’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 […]

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