Network

Is Lightning Network Suitable For Bitcoin Deposits, Withdrawals?

A Twitter poll by bitcoin evangelist Pierre Rochard discussed whether the Lightning Network is a suitable tool for BTC transactions on crypto exchanges.  Poll Signals to Lightning Network Curiosity Should Bitcoin exchanges enable Lightning deposits and withdrawals? — Pierre Rochard (@pierre_rochard) October 14, 2019 Proponents of LN believe it would be a good fit for […]

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Watching Network Activity Can Help Predict Bitcoin Price

Determining Bitcoin’s value and its trend is not an easy task. However, some experts and crypto traders believe that by analyzing BTC’s network activity, they can establish the cryptocurrency’s value. Travis Kling: “Network value should be a function of network activity.” Stock analyst and traders have at their disposal various indicators originated from financial statements, […]

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A Dangerous Bug in Bitcoin’s Lightning Network Has Been Fixed

Bitcoin developer Rusty Russell disclosed Friday the lightning network vulnerability that forced software upgrades in July.

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Op Ed: The Bitcoin Lightning Network Adds a New Set of Accounting Challenges

Serving as a second layer on top of Bitcoin, enabling cheap and fast private payments, the Lightning Network has ushered in new businesses, projects and users to the space. But while Bitcoin’s Lightning Network seems to be proving itself a valuable solution (with exponential year-over-year growth in the total number of channels), new challenges have […]

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Bitcoin Lightning Network vulnerability poses risk to scaling

Lightning Labs has reportedly confirmed the existence and exploitation of Bitcoin Lightning Network vulnerability. The peer-to-peer payment network is responsible for providing low-priced and quick Bitcoin payments, but due to this bug incident, it might not be prepared for huge payments. A well-known Blockstream developer Rusty Russell in August exposed the bug on the mailing […]

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Bull Bitcoin Joins Blockstream’s Liquid Exchange Network

Liquid adds another exchange to its collection of global partners.

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Ethereum Network Demand Surges; Will ETH’s Price Follow?

Ethereum (ETH) surged today after the aggregated altcoin market responded bullishly to Bitcoin’s period of consolidation in the mid-$10,000 region. This upwards momentum has sent it up towards $185, which has previously been a strong level of support for the cryptocurrency. Now analysts are noting that Ethereum’s network is expressing significant strength, which may be […]

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Video Interview: Ricardo Pérez-Marco on Lightning Network Routing and Bitcoin

Ricardo Pérez-Marco is a Spanish university professor who teaches mathematics at the Paris Diderot University in France. Since discovering Bitcoin sometime in 2011 and realizing that the cryptography and math were unassailable, he has dedicated a significant amount of time to researching Satoshi Nakamoto’s creation. At one point in 2013, he attempted to create a […]

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Largest Bitcoin ATM Network Coinme Raises New Funding from Ripple’s Xpring 

Coinme, which provides kiosks and ATMs for digital currencies, raised $1.5 million in a Series A-1 financing round that included Ripple’s subsidiary Xpring and Blockchain Finance Fund, the company said. Proceeds from the funding will be used for additional licensing to expand its U.S. and international coverage. Co-founder and CEO Neil Bergquist told CoinDesk that […]

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Parity Delays Ethereum Network Hardfork over Implementation of EIPs

Parity core dev Wei Tang has requested more time to finish EIP implementations, pushing the Ethereum Network’s Istanbul hardfork to September 6. Parity, a blockchain infrastructure company that runs the core of the Ethereum network, is delaying the Ethereum core devs’ planned hardfork until Sept. 6. Waiting on Parity EtherWorld founder Pooja Ranjan provided notes […]

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Bitcoin exchange Gemini joins the Silvergate Exchange Network (SEN)

Bitcoin exchange Gemini joins the Silvergate Exchange Network (SEN) 🟀 CryptoNinjas Gemini, the US-headquartered bitcoin exchange and trust company, today announced that it has joined the Silvergate Exchange Network (SEN). SEN allows the company’s institutional customers to deposit and withdraw U.S. dollars to and from their Gemini account in real-time; 24 hours a day, 7 […]

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Is Lightning Network the Most Optimum Bitcoin Scaling Solution?

The Lightning Network has been subject to controversy since it’s rise to prominence in 2016. Championed as BTC’s solution to scaling, thousands of people in the Bitcoin community voiced their opinions on how it wouldn’t work. Now, nearly a year and a half later, it is still receiving criticism regarding its centralization, routing issues, and […]

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How the New Erlay Protocol Could Speed Up the Bitcoin Network

Bitcoin users are more secure if they use full Bitcoin nodes, and the overall Bitcoin network is healthier if they do, too. To encourage this, resource requirements to run a full node should be kept low, including the bandwidth required. Erlay is a new proposal that could help reduce bandwidth requirements. It was developed by […]

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3 Bitcoin Network Statistics Reach All-Time Highs

Bitcoin price may be losing ground, but its network is now more competitive – and secure – than ever before, new data shows.  Bitcoin Mining Hashrate, Difficulty, Transaction Output Value Spike According to monitoring resource Blockchain (formerly Blockchain.info), three essential Bitcoin 00 network metrics achieved new daily records at the same time this week.  Hashrate, […]

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LibertyX Adds 90 Bitcoin ATMs to Network

LibertyX has announced the addition of 90 bitcoin ATMs in Nevada and Arizona thanks to a partnership with DesertATM that added its machines to LibertyX’s growing network. The company also revealed that it now operates over 1,000 bitcoin ATMs nationwide. Through the machines, LibertyX allows customers to purchase bitcoin with cash or debit cards at […]

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Japan to lead cryptocurrency-SWIFT network development under FATF supervision

Global news agency Reuters has revealed; with reference to sources privy to the agency, that Japan is going to lead a cryptocurrency Swift like network development. Reuters reveals that the Japanese government is taking the step to fight against money-laundering and the network would ensure that all transactions are recorded according to the regulations. The […]

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A Security on Bitcoin’s Lightning Network Could Protect Users from Thieves

In the last research report published on July 15, 2019, Bitmex analyzes the Bitcoin Lightning Network with respect to channel closure. The research is focused on a mechanism called “Justice Transactions” that punish dishonest parties and prevent them from stealing funds from other Lightning channels. According to the report, 241 Justice transactions were identified, representing […]

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Bitcoin (BTC) payment app Fold implements Lightning Network

CryptoNinjas – Bitcoin, Cryptocurrency & Blockchain Asset SourceThe team of bitcoin payment app Fold announced today Lightning Network capability is now integrated. Fold allows users to spend bitcoin at their favorite retailers in-store or online. As of now, all Fold users can spend their BTC instantly with nearly zero fees at retailers like Amazon, Starbucks, […]

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Bitstamp Unveils Bitcoin Lightning Network Node

On July 8 the Lightning Network got a huge publicity boost as Bitstamp announced that it had launched its own Lightning node. Another Step Toward Widespread Adoption On Monday Bitstamp revealed that it had launched a Bitcoin Lightning node to further facilitate the growth of Bitcoin’s Lightning Network (LN). The European cryptocurrency exchange said that […]

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Bitcoin network hash-rate touches new peak

Data monitoring firm Blockchain.com has come out with news that Bitcoin’s hash rate has peaked at a new high. This beats the previously held peak point reached in the month of June. The rate has progressively scaled up since then. A currency’s hash rate represents the total volume of calculations that surge through its network […]

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Bitcoin Price Set for 2020 Halving Breakout: Mining and Network Activity at ATH

The Bitcoin price appears set for a massive breakout as network fundamentals are at all-time highs (ATH) as the 2020 halving event approaches. Bitcoin Network Metrics at ATH With the Bitcoin block reward halving less than a year away, the network activity parameters continue to set new ATHs. Data from Blockchain.com shows that metrics like […]

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Electrum Will Support Bitcoin Lightning Network, Wallet’s Creator Reveals

Thomas Voegtlin revealed the feature will come in an impending update at the ongoing BIP001 conference in Ukraine. Bitcoin (BTC) wallet Electrum will soon host support for the Lightning Network (LN), Russian cryptocurrency news outlet Forklog reported on Telegram July 5. In a social media update, the publication said founder Thomas Voegtlin had revealed the […]

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Bitcoin Lightning Network Payments Now Possible on Liquid Sidechain

Liquid Network users can now send and receive bitcoin micropayments via the c-lightning implementation of the Lightning Network (LN). “Lightning on Bitcoin on Liquid” According to a tutorial published by Blockstream developer “grubles” via Medium on Tuesday (July 2, 2019), LN users can now create bitcoin Lightning payment channels using c-lightning. This is a significant […]

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