Tag: lightning

Feb 23 2021

Feb 19 2021

Feb 17 2021

FastBitcoins Gifting Customers 50 Percent Of On-Chain Transaction Fees For Using Lightning

Feb 17 2021 Published at Bitcoin Magazine under tags  fastbitcoins lightning

FastBitcoins, which allows users to buy bitcoin directly via their bank accounts or at physical locations quickly through the Lightning Network, will be rewarding its users with 50 percent of the transaction fees that would usually be charged on-chain. “With this new incentive, FastBitcoins aims to proactively drive customer adoption of the Lightning Network, the payments layer that sits on top of the...

Jan 22 2021

OKCoin To Integrate Lightning Network

Jan 22 2021 Published at Bitcoin Magazine under tags  exchanges lightning okcoin

Cryptocurrency exchange OKCoin has announced that it will be...

Jan 18 2021

Good Griefing: A Lingering Vulnerability On Lightning Network That Still Needs Fixing

What happens when your Lightning Network routing node is fed with garbage transactions that never resolve? In short, it causes a lot of grief for routing nodes. What was once a smooth, global payment system can be locked up with trivial effort from a savvy script writer. Working in a small team of routing nodes, we successfully ran a test of the attack...

Jan 08 2021

The Lightning Network Basics

Listen To This Episode:...

Jan 07 2021

Bitcoin Magazine’s Guide To Exchange Scaling Support

Bitcoin exchanges are the single most popular method for acquiring BTC, offering marketplaces where users can transfer fiat or digital currencies for sats. For more information on bitcoin exchanges, visit our guide. But not all exchanges are created equal — some are decentralized, some adhere to strict KYC/AML requirements and some protect...

Jan 06 2021

Strike Is Bringing The Lightning Network To More Than 200 Countries

Today, Strike announced a global initiative to bring its Lightning Network payments application worldwide. After a successful U.S. launch in 2020 and the announcement of its payday solution last week, Strike is rolling out its services to 200-plus countries....

Dec 16 2020

Kraken Announces Lightning Integration

Dec 16 2020 Published at Bitcoin Magazine under tags  exchanges kraken lightning

Today, Kraken announced forthcoming features designed to bring...

Dec 03 2020

Nov 02 2020

Lightning Labs Releases Channel Liquidity Marketplace

Today, Lightning Network development firm Lightning Labs has released a peer- to-peer, non-custodial marketplace called Lightning Pool, where Lightning node operators can buy and sell access to channel liquidity. The marketplace is a way for node operators in need of inbound liquidity to pay node operators with that liquidity to open channels in their direction. “Users can buy or sell Lightning channels, the equivalent...

Oct 06 2020

Sats-Earning Platform Carrot Wants To Reward The World In Bitcoin

Of its many potential applications, bitcoin as a medium for rewarding microtasks is one of its most exciting. This implementation takes advantage of the technology’s natively digital qualities, its relative freedom from borders and its high divisibility. Now, with its public beta phase announced today, the sats-earning platform Carrot wants to realize this potential on a new scale. Carrot is a...

Sep 03 2020

With TVL At New Record, The Lightning Network’s Time Has Come

Sep 03 2020 Published at Bitcoin Magazine under tags  lightning tvl wumbo

This article originally appeared in our Weekly Bits newsletter. If you want our news and analysis before anyone else, make sure you subscribe now! This week, the Lightning Network set a new record for the dollar value held in its payment channels at $12.6 million, according to data shared by Bitcoin Visuals. This metric is also known...

Aug 20 2020

Strike Announces Cash Back, Letting Merchants Pass On Lighting Network’s No-Fee Benefits

Strike, the application from Zap that lets users transact through the Lightning Network using their debit card or bank account, is now offering cash back rewards, according to an announcement that founder Jack Mallers shared with Bitcoin Magazine. “Today, we are releasing Cashback by Strike, our first Strike Rewards program,” Mallers...

Aug 06 2020

Grandmas On Lightning

Is Bitcoin Too Hard To Understand? I’ve spent a huge part of the last three years explaining Bitcoin to general audiences and the most common form of resistance I encounter is: “Bitcoin is too complicated. The masses will never understand it.” It’s a fair argument. Bitcoin is complicated and if you want to reach a competent understanding of the big picture then, at...

Aug 04 2020

The Human Rights Foundation Awards Grants to Three More Bitcoin Projects

The Human Rights Foundation (HRF) is issuing grants to three more Bitcoin developers. JoinInbox creator Openoms, Zeus creator Evan Kaloudis and Fully Noded creator...

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