Bitcoin

Bitfury Releases Merchant, Developer Tools for Bitcoin’s Lighting Network

Blockchain technology firm Bitfury has released a suite tools aimed to drive adoption of bitcoin’s lightning network. Although the network is still under development, Bitfury announced a comprehensive product list to support the tech on Wednesday, including an open-source lightning wallet and hardware and software tools for merchants and payment processors to accept payments. It […]

Bitcoin

Bitfury Brings Lightning Network Payments to the First Bitcoin Exchange

Bitfury’s Lightning Peach team has just announced the implementation of Lightning Network payments on cryptocurrency exchange BTCBIT. This is the result of an ongoing collaboration between the two companies. Fast (And Cheap) As Lightning Lightning Network is a second-layer protocol, utilizing a large network of open two-party channels, to enable multiple payments, without the need […]

Bitcoin

Lightning Network Without Invoices Brings Us Closer to Streaming Money

A new feature for Bitcoin’s Lightning Network (LN) implementation allows users to send funds instantly without needing to first create an invoice. Sphinx Enables ‘New Use Cases’ The latest upgrade, ‘Sphinx,’ which developers describe as being a “work in progress,” is nonetheless already available to anyone. “The coolest part about this new feature is that […]

Altcoins

Ex-Employee: TRON Can’t Handle BitTorrent’s Crypto Token, Will Likely Use Different Network

Simon Morris, former Chief Strategy Officer at BitTorrent, believes that TRON won’t be able to manage BitTorrent’s high rate of transactions. His statement comes only a few days after TRON announced that it was going to launch BitTorrent crypto tokens on Binance Launchpad. In an interview with blockchain magazine BREAKER, Morris said that the network would […]

Analysis

Bitcoin Transaction Fees Hit Three-Year Low as Lightning Network, SegWit Help BTC Scale

Bitcoin’s transaction fees have recently hit a low they hadn’t seen in over three years, as according to BitInfoCharts the median transaction fee on the flagship cryptocurrency’s network is just $ 0.029. As pointed out by cryptocurrency community researcher Kevin Rooke on Twitter, the Bitcoin network hadn’t had fees this low since October 2015, when […]

Blockchain

‘Market Will Catch Up’ – Bitcoin Network Statistics Show 2018 as ‘BUIDL’ Year

Bitcoin had its year of “BUIDL” in 2018, with everything but price “improving and growing,” Statoshi.info creator and Casa Hodl CTO Jameson Lopp has revealed. What’s In A Bitcoin Price? In a retrospective of the Bitcoin network published January 1, Lopp, a serial commentator on technical and wider issues affecting cryptocurrency, came out highly bullish […]

Altcoins

‘Bitcoin is a Garbage Network’: Fortune 500 Software Developer

Years of over-engineering and ethical decay has made Bitcoin a garbage network, says a Fortune 500 software developer. Bryce Weiner, known for being part of controversial altcoin projects and their subsequent failures, took a potshot at the world’s leading digital currency protocol without elaborating on it. He later admitted that he was acting humorous while responding […]

Crypto News

Bitcoin Network Loses Nodes and Difficulty, Militants Use Crypto In Struggle to Secede, NYU Professor Goes Off The Rails, and More: Last Week In Crypto

Bitcoin Price Recovery Alongside Network Changes The Bitcoin price came back from the brink this week, reaching nearly $ 4,000 by Sunday. Analysts were at times throughout the week worried that it would lose support around $ 3,400 and then drop beneath $ 3,000, but this hasn’t happened. At the same time, however, two important […]

Bitcoin

Bitcoin Lightning Network Booms Amid “Crypto Winter”

Since Bitcoin’s earliest blocks, the network’s lead developers have been hard at work attempting to scale the world’s first blockchain. And while 2018’s “crypto winter” has deterred a multitude of startups, developers, and key industry participants, the Bitcoin Lightning Network, the first viable second-layer scaling solution, has continued to see monumental growth. Bitcoin Lightning Network […]