Zap Seeks to Build New BTC Payment Platform Through the Lightning Network

Documentation stemming from the Securities and Exchange Commission (SEC) suggests that Zap – a company that has partnered with credit card company Visa – has garnered more than $3 million to establish further bitcoin payment protocols. Zap Is Rolling in Dough The funding round occurred in April of this year and was led by Green… Continue reading Zap Seeks to Build New BTC Payment Platform Through the Lightning Network

Lightning Networks Has Yet to Strike Adoption, but Don’t Count It Out

For a currency to be considered useful as money, it has to serve three fundamental purposes. It should function as a medium of exchange, as a store of value and as a unit of account. The fact that Bitcoin doesn’t fulfill all of these purposes to an adequate extent at least partially explains why it… Continue reading Lightning Networks Has Yet to Strike Adoption, but Don’t Count It Out

Casa Adds iOS and Android Support for Sats Mobile Wallet

Bitcoin (BTC)-focused technology firm Casa announced that its Sats mobile Bitcoin wallet app is now available for both iOS and Android devices. Casa announced in a post published on its official blog on Sept. 5 that the mobile wallet is now available for download. Furthermore, Casa notes that the latest version of the app can… Continue reading Casa Adds iOS and Android Support for Sats Mobile Wallet

Australian Coder Warns Users of Lightning Network’s Vulnerabilities

Australian software programmer and Bitcoin’s (BTC) Lightning Network coder Rusty Russell warned users that “security issues have been found in various Lightning projects which could cause loss of funds.” Urgent update recommended On Aug. 30, Russell published a tweet urging LN nodes operators to update their software as soon as possible. According to the message,… Continue reading Australian Coder Warns Users of Lightning Network’s Vulnerabilities

They Biked, Ran and Swam Over 200 Miles Across Europe – All for Bitcoin

A group of bitcoin enthusiasts just ran, biked and swam across Europe, all to promote the cryptocurrency they believe is leaving a powerful, positive mark on the world. The first “Satoshi Freeathlon” officially finished this weekend, in which a group of seven bitcoin enthusiasts flexing their athletic abilities by journeying from Switzerland’s “Crypto Valley” in… Continue reading They Biked, Ran and Swam Over 200 Miles Across Europe – All for Bitcoin

Bitcoin Lightning Network Expands 100% In H1 2019

Bitcoin’s Lightning Network (LN) has almost doubled its node count and capacity in the first half of 2019, new data shows. Bitcoin Lightning Doubles In H1 Statistics from monitoring resource Coin Gecko confirmed the network’s capacity expanded 87% in the period from January 1 – June 30. At the same time, the number of available… Continue reading Bitcoin Lightning Network Expands 100% In H1 2019

Bitcoin Lightning Wallets Are Gaining Traction in 2019

Lightning-centric bitcoin wallets are gaining traction in 2019 and making small transactions affordable by reducing network fees. The bootstrapped Spanish startup Bluewallet garnered 35,000 downloads so far this year, according to co-founder Nuno Coelho, a significant jump from the 5,000 users it had in 2018. Coelho told CoinDesk the wallet’s built-in lightning marketplace, offering connections… Continue reading Bitcoin Lightning Wallets Are Gaining Traction in 2019

Samourai, Nodl to Launch Bitcoin Lightning Node With Mixing Features

The mobile bitcoin wallet project Samourai Wallet is partnering with the French hardware retailer Nodl to create a bitcoin node device that syncs with Samourai’s privacy-centric mobile wallet. Revealed exclusively to CoinDesk, Nodl co-founder Michel Luczak said this new product will be a “full, self-validating, bitcoin and lightning node” that allows people to use the… Continue reading Samourai, Nodl to Launch Bitcoin Lightning Node With Mixing Features

Proposal's Merger Paves Way for New Bitcoin Lightning Features

A new routing proposal is expected to be merged today into the official “specifications” of lightning, the technology many advocates trumpet as the fix to bitcoin’s long-standing payment problems. Christian Decker, one of the most prolific lightning developers who engineers for the tech startup Blockstream, pointed out that the proposal, which he wrote, is moving on… Continue reading Proposal's Merger Paves Way for New Bitcoin Lightning Features

Rapper Lil Pump is Accepting Bitcoin Via Lightning Network

18-year-old Colombian-American rapper Lil Pump (real name Gazzy García) just made a key move to increase awareness by accepting payments in Bitcoin. Fans Can Buy Lil Pump Products with Bitcoin While much of the music industry and crypto community (including Lil Pump) continue to mourn the passing of Nipsey Hussle, a Hip Hop star proactive… Continue reading Rapper Lil Pump is Accepting Bitcoin Via Lightning Network

The Debate Over Bitcoin’s Dominance Re-Ignites As Markets Begin Recovery

Signs continue to emerge that the bear market may finally be at an end, as values across the crypto space are inching upwards and a number of platforms are well on their way to real-world adoption. One positive sign is that Bitcoin has moved past USD $4,000 several times over the past few days. This… Continue reading The Debate Over Bitcoin’s Dominance Re-Ignites As Markets Begin Recovery

Over 15k Tips Sent in 3 Months Via the Bitcoin Lightning Network

Online tips have begun to gain popularity with the crypto project Tippin. Tippin is built on the Bitcoin Lightning Network and was designed to enable people to receive tips and micro-payments anywhere. In its 3 months of existence, over 15k tips have been sent, signaling a good momentum for the adoption of the Lightning Network.… Continue reading Over 15k Tips Sent in 3 Months Via the Bitcoin Lightning Network

Bitcoin Can't Be Stopped By Politics – Lightning 'Torch' Goes From Iran to Israel

The Lightning Network ‘torch’ payment has reached Israel after it was sent by an Iranian in a symbolic gesture of peace between the two nations. The historic occasion proves that Bitcoin is truly an apolitical and borderless money technology. #LNTrustChain Keeps Growing As reported previously by Bitcoinist, concerns over censorship didn’t stop the #LNTrutChain, otherwise… Continue reading Bitcoin Can't Be Stopped By Politics – Lightning 'Torch' Goes From Iran to Israel

Bitcoin's Lightning Torch Global Transaction Hits Iran After Censorship Concerns

The Lightning Torch transaction relay using Bitcoin’ and the Lightning Network has crossed the border to Iran, days after complaints about censorship among participants. Satoshis Over Censorship Lightning Torch, which involves Bitcoin users passing around a transaction on the Lightning Network, adding funds and sending it forward, has gained significant interest since it began its… Continue reading Bitcoin's Lightning Torch Global Transaction Hits Iran After Censorship Concerns

Binance CEO Advocates Elon Musk's Name to Take the Bitcoin Lightning Torch

Photo: OnInnovation / Flickr The Bitcoin Lightning Torch experiment is catching up more steam with every passing day. So far, the experiment has attracted over 140 participants from over 37 countries. Last week, Twiter CEO Jack Dorsey was the latest to pick it up. Currently, Changpeng Zhao, the CEO of cryptocurrency exchange Binance, holds it. Apparently,… Continue reading Binance CEO Advocates Elon Musk's Name to Take the Bitcoin Lightning Torch

The Number of Bitcoin Transactions is Growing, with Fees Remaining Low

The total number of transactions on Thursday, February 8, is as high as the transactions of Friday, January 18, but the fees did not reduce in any way, Reddit reports.     Transaction fees were high last year on December 17 due to some factors and combinations which include.    Crypto exchanges weren’t properly batching… Continue reading The Number of Bitcoin Transactions is Growing, with Fees Remaining Low

Users Are Passing a Bitcoin 'Lightning Torch' Payment Around the World

A new, decidedly social feature on the Bitcoin Lightning Network is gaining popularity this week after one user set up cryptocurrency’s answer to the Olympic flame. Lightning Torch Reaches 2.3M Satoshis Dubbed ‘Lightning Torch,’ the initiative involves passing a lightning payment between nodes, with each receiving user adding 10,000 satoshis ($0.34) and passing on to… Continue reading Users Are Passing a Bitcoin 'Lightning Torch' Payment Around the World

Lightning Network Gets Popular, ASIC Gets Tough: Best of the Week

Lightning strikes The Lightning Network, an add-on to the Bitcoin blockchain that is makes it possible to perform small transactions quickly, has seen massive growth in adoption over the last couple of weeks. Join the iFX EXPO Asia and discover your gateway to the Asian Markets The explanation for this could be the public squabbling… Continue reading Lightning Network Gets Popular, ASIC Gets Tough: Best of the Week

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… Continue reading There's a 'Concerted Effort to Suppress Litecoin Price,' Says Charlie Lee

Blockchain Games Platform XAYA Launches Exclusive Public Sale on Liquid

The premier blockchain gaming platform XAYA has announced that its much-anticipated token sale is now live and will run for a maximum of five weeks exclusively on Liquid, the world’s new crypto platform for global crypto liquidity. This article is provided by Bitcoin PR Buzz Having etched blockchain history with their innovative Huntercoin blockchain gaming… Continue reading Blockchain Games Platform XAYA Launches Exclusive Public Sale on Liquid

Submarine Swaps Allow Users to Send Their Bitcoins to Lightning Network

Bitcoin’s scalability solution Lightning Network – a two-layer technology enabling off-chain transactions – has made significant progress over the last year. But one thing that lags in the development is that the Bitcoin address and Lightning address are not compatible. It means that the direct money transfer from Bitcoin address to Lightning address, or vice versa,… Continue reading Submarine Swaps Allow Users to Send Their Bitcoins to Lightning Network

You Can Now Use The Lightning Network To Buy (Virtually) Anything

Cryptocurrency cellphone top-up company Bitrefill has announced it will start selling gift vouchers for Amazon and other brands — effectively opening up Bitcoin Lightning Network payments to almost any item.  Lightning ‘Comes’ to Amazon, Uber, and More In a press release on July 19, Bitrefill — which became one of the first cryptocurrency businesses to… Continue reading You Can Now Use The Lightning Network To Buy (Virtually) Anything

Bitcoin HashRate At All-Time High With 'Price to Follow,' Says Max Keiser

Bitcoin’s hash rate reached new all-time highs in June, prompting well-known industry figures to renew calls for imminent price increases. Keiser: ‘Price Follows Hashrate’ Data from Blockchain.info confirms that Bitcoin network hashrate continued growing in 2018, despite prices conversely remaining suppressed and transaction volume declining. Hashrate refers to the total computing power of the Bitcoin… Continue reading Bitcoin HashRate At All-Time High With 'Price to Follow,' Says Max Keiser