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DeFi News

Lightning Vs WBTC, Is It Game Over For Bitcoin Lightning Network?

Lightning Network that was launched with the hope of enabling instant payments and scaling Bitcoin to handle millions to billion of transactions per second across the network. However, currently the Lightning Network appeared to be losing pace, especially when compared to Wrapped Bitcoin.  Lightning vs WBTC The total value of Bitcoin locked in Ethereum via

Lightning Network that was launched with the hope of enabling instant payments and scaling Bitcoin to handle millions to billion of transactions per second across the network. However, currently the Lightning Network appeared to be losing pace, especially when compared to Wrapped Bitcoin.  Lightning vs WBTC The total value of Bitcoin locked in Ethereum via

Ethereum
Bitcoin News
Ethereum
Bitcoin News

Ethereum Beats Lightning and Liquid in the Race for Bitcoin [BTC] On-boarding

Ethereum is taking over the second layer implementation of Bitcoin [BTC] leaving Liquid and Lightning Network behind.  Liquid’s L-BTC and Ethereum’s wBTC works on similar principles of issuing an extension of Bitcoin as a separate token. While Liquid claims to lock the tokens on-chain, wBTC is stored at Bitgo Trust.  Reportedly, the Liquid Network Federation

Ethereum is taking over the second layer implementation of Bitcoin [BTC] leaving Liquid and Lightning Network behind.  Liquid’s L-BTC and Ethereum’s wBTC works on similar principles of issuing an extension of Bitcoin as a separate token. While Liquid claims to lock the tokens on-chain, wBTC is stored at Bitgo Trust.  Reportedly, the Liquid Network Federation

time-
Bitcoin News
time-
Bitcoin News

Bitcoin and Ethereum Source-Code Stored in a Time Capsule for a 1000 years

Humankind just faced a huge threat from the epidemic spread of the deadly Coronavirus. As the battle against the virus is still on-going, it not far-fetched to fear apocalypse or global catastrophe in the future. Github, the U.S. based company and a subsidiary of Microsoft, which allows for hosting of software now plans to safeguard

Humankind just faced a huge threat from the epidemic spread of the deadly Coronavirus. As the battle against the virus is still on-going, it not far-fetched to fear apocalypse or global catastrophe in the future. Github, the U.S. based company and a subsidiary of Microsoft, which allows for hosting of software now plans to safeguard

Roger ver
Bitcoin News
Roger ver
Bitcoin News

Bitcoin Lightning Bet: Roger Ver’s Victory Horns Muted, Who Will Accept Defeat?

It all began 18 months ago on the Blockchain Cruise summit in October 2018. A friendly bet between the two schools of thoughts: Bitcoin ‘maximalists‘, who uphold Bitcoin as the gold standards for cryptocurrency, and ‘separatists’ who argue that the market has deviated from Satoshi Nakamoto (alias of Bitcoin creator) real vision – of being

It all began 18 months ago on the Blockchain Cruise summit in October 2018. A friendly bet between the two schools of thoughts: Bitcoin ‘maximalists‘, who uphold Bitcoin as the gold standards for cryptocurrency, and ‘separatists’ who argue that the market has deviated from Satoshi Nakamoto (alias of Bitcoin creator) real vision – of being

BitMEX Bitcoin Futures BTC
Uncategorized
BitMEX Bitcoin Futures BTC
Uncategorized

BitMEX Research Reports Dominance of Public Channels in Bitcoin Lightning Network (LN)

The interest in Bitcoin [BTC] Lightning Network (LN) during early 2019 seemed to be subsiding due to lack of growth and adoption. Nevertheless, the interest has been spurred again as leading exchanges like Bitfinex and Square Crypto led by Twitter CEO Jack Dorsey are looking to increase adoption. Moreover, the total number of Bitcoins [BTC]

The interest in Bitcoin [BTC] Lightning Network (LN) during early 2019 seemed to be subsiding due to lack of growth and adoption. Nevertheless, the interest has been spurred again as leading exchanges like Bitfinex and Square Crypto led by Twitter CEO Jack Dorsey are looking to increase adoption. Moreover, the total number of Bitcoins [BTC]

samson mow
Bitcoin News
samson mow
Bitcoin News

‘Blockchain, not Crypto’ – Samson Mow explains why Bitcoin Lightning and Liquid are Unique

Crypto markets have often been criticized on their ability to create a cryptocurrency and value it based on the project’s utility. These altcoins are faster and provides more solutions than Bitcoin can. Nevertheless, there are hundreds of them. Moreover, they do not provide the decentralization that Bitcoin offers. However, Bitcoins transactions are limited by average

Crypto markets have often been criticized on their ability to create a cryptocurrency and value it based on the project’s utility. These altcoins are faster and provides more solutions than Bitcoin can. Nevertheless, there are hundreds of them. Moreover, they do not provide the decentralization that Bitcoin offers. However, Bitcoins transactions are limited by average

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

Bitcoin’s Lightning Network (LN) Throughput Exceeds Visa, Alipay, $10,000 is Next?

In an announcement that further cement Bitcoin’s position as a medium of exchange, the CSO of Blockstream, Samson Mow now says Lightning Network theoretical throughput exceeds the processing speeds of payment systems like Visa, Alipay, and next-gen Blockchain. He further adds that blockchain development is at an inflection point where decentralized systems outperform centralized systems.

In an announcement that further cement Bitcoin’s position as a medium of exchange, the CSO of Blockstream, Samson Mow now says Lightning Network theoretical throughput exceeds the processing speeds of payment systems like Visa, Alipay, and next-gen Blockchain. He further adds that blockchain development is at an inflection point where decentralized systems outperform centralized systems.

Lightning Network
Blockchain News
Lightning Network
Blockchain News

Lightning Network (LN) payments plummets to lowest value since late 2018

Lightning Network (LN) payments dip to lowest levels in a year. Bug or reduced interest? DeFi keeps breaking records, is $1 billion possible in 2020? In our last DeFi update we highlighted the explosive growth of decentralized finance in both USD and Ether based valuation. The DeFi apps hit an all-time high in total USD

Lightning Network (LN) payments dip to lowest levels in a year. Bug or reduced interest? DeFi keeps breaking records, is $1 billion possible in 2020? In our last DeFi update we highlighted the explosive growth of decentralized finance in both USD and Ether based valuation. The DeFi apps hit an all-time high in total USD

blog
blog

Bitcoin Continues to Reign Supreme – But How Can It Accelerate Mass Adoption?

Bitcoin has been on a rollercoaster of a journey over its nearly 11 years in operation. The earliest adopters were the cypherpunks, with their vision of using this new digital currency to overthrow existing economic paradigms and usher in a new era of decentralization. Once it started to gain traction, it became the currency of

Bitcoin has been on a rollercoaster of a journey over its nearly 11 years in operation. The earliest adopters were the cypherpunks, with their vision of using this new digital currency to overthrow existing economic paradigms and usher in a new era of decentralization. Once it started to gain traction, it became the currency of

Bitcoin News
Bitcoin News

Lightning Network’s Vulnerability Exposes Users to Loss of Funds

A developer of Bitcoin’s Lightning Network, Rusty Russell today, announced that the Network is currently facing some security challenges which “could lead to a loss of funds.” The announcement was made via a blog post on Lightning Network’s Common Vulnerabilities and Exposure page and affected users have been advised to upgrade to a newer version

A developer of Bitcoin’s Lightning Network, Rusty Russell today, announced that the Network is currently facing some security challenges which “could lead to a loss of funds.” The announcement was made via a blog post on Lightning Network’s Common Vulnerabilities and Exposure page and affected users have been advised to upgrade to a newer version

Bitcoin
Bitcoin News
Bitcoin
Bitcoin News

Top Crypto Exchanges Set Up Bitcoin [BTC] Lightning Network Nodes

The Lightning Network (LN) is a second layer scaling solution that was initiated along with the SegWit implementation in late 2017. While it has failed to gain mainstream use, the lighting network (LN) is currently the only plausible scaling solution that will be able to reduce the transaction fee and enable instantaneous transactions. The top

The Lightning Network (LN) is a second layer scaling solution that was initiated along with the SegWit implementation in late 2017. While it has failed to gain mainstream use, the lighting network (LN) is currently the only plausible scaling solution that will be able to reduce the transaction fee and enable instantaneous transactions. The top

Lightning network
Bitcoin News
Lightning network
Bitcoin News

Bitcoin [BTC] Lightning Network (LN) Mobile App Released for User Testing

Lightning Labs, the Research organization working on the development and design of payment channels using Lightning (LN) on Bitcoin [BTC] announced the release of Mobile App. Lightning App is now available on Bitcoin mainnet in alpha for iOS (on Testflight) and Android (on Google Play). It has developed a fully non-custodial wallet that will open Lightning Channels as soon

Lightning Labs, the Research organization working on the development and design of payment channels using Lightning (LN) on Bitcoin [BTC] announced the release of Mobile App. Lightning App is now available on Bitcoin mainnet in alpha for iOS (on Testflight) and Android (on Google Play). It has developed a fully non-custodial wallet that will open Lightning Channels as soon

Bitfinex Tether
Altcoin News
Bitfinex Tether
Altcoin News

Tether [USDT] Stablecoin to Launch on EOS Blockchain Protocol

The world’s largest stablecoin by market valuation, Tether (USDT) is launching on EOS blockchain, Bitfinex CTO Paolo Adoino says. This is to supplement eosfinex, a decentralized cryptocurrency exchange built on the EOS protocol, Adoino said. Tether-EOS and other partnerships Tether is currently operating on Omni, Ethereum and Tron and while the stablecoin is doing well

The world’s largest stablecoin by market valuation, Tether (USDT) is launching on EOS blockchain, Bitfinex CTO Paolo Adoino says. This is to supplement eosfinex, a decentralized cryptocurrency exchange built on the EOS protocol, Adoino said. Tether-EOS and other partnerships Tether is currently operating on Omni, Ethereum and Tron and while the stablecoin is doing well

Bitcoin lightening
Bitcoin News
Bitcoin lightening
Bitcoin News

Bitrefill Opens First 1 BTC Public Channel on Bitcoin Lightning Network

Bitrefill has announced the first-ever public Lightning Network Channel to carry 1 BTC ($8,700). The channel was opened in collaboration with Bitcoin technology company Acinq and their eclair implementation. The new channel breaks the record of the 0.16777216 BTC channel limit and transactions are already running on the channel. Lightning Network The Lightning Network is a

Bitrefill has announced the first-ever public Lightning Network Channel to carry 1 BTC ($8,700). The channel was opened in collaboration with Bitcoin technology company Acinq and their eclair implementation. The new channel breaks the record of the 0.16777216 BTC channel limit and transactions are already running on the channel. Lightning Network The Lightning Network is a

Lightning Network
Bitcoin News
Lightning Network
Bitcoin News

Is Bitcoin’s Expensive Onchain Transaction Concern for Lightning Network?

On April 23, a researcher and writer in the field of decentralized technology and economies, Noam Levenson shed some light on the actual nature of the Lightning Network (LN) on the Subreddit called r/BTC. Here, a note-worthy observation by the researcher was the trouble that the high-cost onchain BTC transactions could attract the users. He

On April 23, a researcher and writer in the field of decentralized technology and economies, Noam Levenson shed some light on the actual nature of the Lightning Network (LN) on the Subreddit called r/BTC. Here, a note-worthy observation by the researcher was the trouble that the high-cost onchain BTC transactions could attract the users. He

Amazon Bitcoin
Bitcoin News
Amazon Bitcoin
Bitcoin News

Shop on Amazon and Buy Dominos’ Pizza Through Bitcoin Becomes a Reality

An interesting passive application of Bitcoin payment on the Lightning Network has been enabled by crypto-payment start-up, Moon. Payments can be made on Amazon using the crypto application. Reportedly, the launch is expected to occur on Wednesday 24th April 2019 on the chrome web browser. Nevertheless, the integration has been enabled through a browser extension and

An interesting passive application of Bitcoin payment on the Lightning Network has been enabled by crypto-payment start-up, Moon. Payments can be made on Amazon using the crypto application. Reportedly, the launch is expected to occur on Wednesday 24th April 2019 on the chrome web browser. Nevertheless, the integration has been enabled through a browser extension and

Bitcoin News
Bitcoin News

World’s First Lightning Network (LN) based Decentralized Bitcoin Exchange, ‘Sparkswap’ Goes Live With Beta Version

Sparkswap, the world’s first Lightning Network (LN) based Decentralized Exchange (DEX) went live with its beta version on Monday, 8th April 2019. SparkSwap is an ambitious Cryptocurrency Exchange that is both decentralized and also world’s first Exchange built on the Lightning Network (LN). The private keys of the Sparkswap Exchange Wallets are held with the

Sparkswap, the world’s first Lightning Network (LN) based Decentralized Exchange (DEX) went live with its beta version on Monday, 8th April 2019. SparkSwap is an ambitious Cryptocurrency Exchange that is both decentralized and also world’s first Exchange built on the Lightning Network (LN). The private keys of the Sparkswap Exchange Wallets are held with the

bitcoin
Bitcoin News
bitcoin
Bitcoin News

Despite Negative Price Action, Positive Fundamental Growth of Bitcoin Recorded in 2018-19

Bitcoin transaction volume is a clear technical indicator informing about the fundamental usage of Bitcoin.  The transaction volume had decreased drastically since January 2018 recording below 150,000 transactions in each block. Nevertheless, the transaction volume has gained traction and has again reached the Q4 transaction volume of 2017. Fundamental Growth of Bitcoin The chart suggests

Bitcoin transaction volume is a clear technical indicator informing about the fundamental usage of Bitcoin.  The transaction volume had decreased drastically since January 2018 recording below 150,000 transactions in each block. Nevertheless, the transaction volume has gained traction and has again reached the Q4 transaction volume of 2017. Fundamental Growth of Bitcoin The chart suggests

Bitcoin News
Bitcoin News

Lightning Network Record: 1 Bitcoin [BTC] Routed in Lightning Transactions in a Day

Satoshi Labs has reportedly made a record by routing one Bitcoin in Lightning Transactions in a day. This got the crypto community talking on the slow adoption of Lightning Network in comparison to its growth.   Setting a New Milestone Lightning Network is already making a lot of growth and now it has made another

Satoshi Labs has reportedly made a record by routing one Bitcoin in Lightning Transactions in a day. This got the crypto community talking on the slow adoption of Lightning Network in comparison to its growth.   Setting a New Milestone Lightning Network is already making a lot of growth and now it has made another

Lightning Network
Altcoin News
Lightning Network
Altcoin News

Lightning Network Capacity to Explode in Coming Months in the Light of Ongoing Trend

Key highlights: Bitcoin Lightning Network capacity has crossed 563 BTC, over 2 Million at the current price Litecoin Lightning Network capacity is up 128% in the past month With the current trend, Lightning Network capacity could explode to $1 Billion in about 15 months Bitcoin & Litecoin Lightning Network Capacity Already Surging According to the

Key highlights: Bitcoin Lightning Network capacity has crossed 563 BTC, over 2 Million at the current price Litecoin Lightning Network capacity is up 128% in the past month With the current trend, Lightning Network capacity could explode to $1 Billion in about 15 months Bitcoin & Litecoin Lightning Network Capacity Already Surging According to the