Tag: lightning network

Norwegian investment company focused on Bitcoin, Seetee, has become the newest investor in the Bitcoin and Lightning company Breez.Bitcoin payments company Breez has announced that Seetee, the bitcoin-focused subsidiary of Norwegian investment group Aker, has become their newest investor.“Seetee’s...

Bitcoin has faced many challenges before, but it seems that the free market repeatedly creates innovative solutions to these.Bitcoin is king — it is still the best performing asset of our lives. It has silenced its harshest critics and only continued to grow in adoption, usability and relevance. The fact that bitcoin has achieved all this in only 12 years is remarkable....

Running a Lightning Node has nuances but can be profitable and effective if done right.10 weeks ago, I joined the Lightning Network barely knowing how to open a channel. Last week I became a profitable Lightning Network routing node. Here's some tips on the ultimate strategy game for LN node operators from one...

Blockstream announces Greenlight, where new users can be easily onboarded to Lightning while holding their own keys.Bitcoin giant Blockstream announced their latest product today which uses their cloud infrastructure to allow users to run a Lightning node while maintaining control over their own keys, per a press release sent to Bitcoin Magazine. For this product, the private keys never leave the user’s...

Bitcoin Nodes recently hit an all-time high of 13,000+ from 11,613 in January. This is the first time the nodes are crossing the mark and increased from what it was in early 2021. From the data released by Bitnodes.io, the reachable Bitcoin nodes achieve this increase earlier in July. Bitnodes.io is a dashboard where you can find...

BlueWallet’s new mobile-focused Lightning implementation based on the Lightning Dev Kit brings convenient features to its users.BlueWallet, a bitcoin wallet focused on usability and user experience, has announced its new mobile...

It is important for the country to adopt bitcoin not only as a medium of exchange, but as a store of value on chain.Recent news from El Salvador has sparked well deserved interest among Bitcoiners and in the mainstream media. The most pressing question is how ordinary Salvadorans will actually use bitcoin in everyday life. For example, will it be possible to...

How embarrassing! As more details about JPMorgan ’s “The Bitcoinization of El Salvador” report come to light, the reality of the situation settles. Traditional organizations don’t have a clue that the Lightning Network exists and is up and running. More so, Bitcoin is legal tender in El Salvador because and only because El Zonte is a living and breathing example of the Lightning...

This week was low on high-profile people news but high in community building and hard work. Everyone seems to be waiting to see where the chips fall before making any decisions. Except for the people of El Zonte, they can’t stop and won’t stop building. As the big September date approaches, we’ll see where everyone in the world lands in relation to the...

The path forward for Bitcoin is clear, with a revolution in the ability to transfer value occurring right in front of us.Here’s a philosophical question for Star Wars fans: when Luke fired two proton torpedoes down the thermal exhaust port and destroyed the first Death Star, was it the end of the story or the beginning? On the one hand, the Rebel...

In this episode of “The Van Wirdum Sjorsnado,” the hosts are joined by Lightning developer Joost Jager to discuss Lightning Network routing.Watch This Episode On YouTubeListen To This...

Lightning Network payments platform Strike has added a bitcoin buying tab to its app, emphasizing minimal fees for these purchases.Lightning Network payments platform Strike, which recently made headlines as the primary partner in El Salvador’s decision to declare bitcoin as legal tender, has announced it is adding a...

Chase Perkins, founder of Impervious.ai, discussed unlocking Lightning-based applications on Bitcoin.Watch This Episode On YouTubeListen To This Episode:...

How Lightning Network startup Strike went from using USDT in El Salvador to helping the country build financial infrastructure with Bitcoin.When El Salvador passed a law making bitcoin legal tender in the country, it did not just set itself on a path to add the payment option to existing infrastructure. It provided regulatory clarity that allowed an existing Bitcoin-forward platform to better...

Israel is the latest country to admit it’s been working in a Central Bank Digital Currency for a few years now. While giving a conference in the Fair Value Forum, Bank of Israel Deputy Governor Andrew Abir said that the institution he represents already ran a pilot program for the digital shekel. More than that, he confirmed that the Israeli CBDC already exists....

The Lightning Network, Bitcoin’s Layer 2 solution for fast and cheap transactions, has crossed the 1,500 BTC capacity milestone.The Lightning Network, a Bitcoin Layer 2 scaling solution proposed in 2015 by Joseph Poon and Thaddeus Dryja, has grown a lot in just a few years. Now, the network has achieved a significant milestone of housing...

June 14, 2021 / Unchained Daily / Laura Shin Daily Bits...

Reading Time: 2 minutes The Bitcoin Lightning Network is back in the headlines thanks to the El Salvador Bitcoin news The country’s population could soon be using the network on a regular basis for everyday transactions Success could be the biggest turning point for the...