Scarce City’s Lightning Auctions Debut Fetches 1 Bitcoin For BTC-Themed Art
At Scarce City, a marketplace for fine, Bitcoin-based goods, we’ve just sold a piece of artwork for 1 bitcoin in our debut Lightning Auction. Lightning Auctions is a first-of-its-kind online marketplace that instantly and anonymously collateralizes bids on goods with minimal fees using the Lightning Network. Participants pay a Lightning invoice with each bid that represents a small percentage of the bid amount. At an auction’s end, the highest bidder has 24 hours to pay the outstanding bid amount with an on-chain Bitcoin transaction. If they don’t, they lose their collateral and the....
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HashPlex is a company that specializes in hosting miner services, allowing home miners access to industry standard electricity rates in order to stay competitive. While their main focus is indeed the mining aspect of Bitcoin, the people over at HashPlex understand the importance of the Bitcoin network, which is especially seen by the debut of their new open source lightning hub. I talked to Bernard Rihn, CEO and founder, as well as Jasper Hugunin, their leading Lightning Dev, over at HashPlex regarding the Lightning Network and Hubs.
The first series of auctions will begin on Nov 11 and run until Dec. 9 Polkadot (DOT) has laid out a schedule to debut parachain auctions on Nov. 11 following unanimous approval from the blockchain’s on-chain governance council members. The news marks a landmark achievement as it fulfills the final core technical element of the whitepaper published five years ago. Parachains are uniquely distinctive layer-1 blockchain platforms that operate laterally alongside the main Polkadot network, in addition to being tethered to the Polkadot Relay Chain. Their purposeful function can be witnessed....
Shock The Web 2 is BOLT FUN’s follow up to its debut Bitcoin Lightning Network hackathon held this past March, meant to on-board new builders into the ecosystem.
Cointelegraph’s Joseph Hall visited a Bitcoin-themed bar in Greater Manchester and spoke with its founder, Adam. While opening a Bitcoin-themed bar sounds like a dream for many Bitcoiners, it also comes with its challenges, according to Adam (who did not share his last name), the founder of Satoshi’s Place. Cointelegraph reporter Joseph Hall visited a Bitcoin-themed pub called Satoshi’s Place and sat down with its founder. The duo talked about the place’s history, how it came to be and the difficulties of running a Bitcoin business in the United Kingdom. According to Adam, he first got....
With an elegant design, and a game that increases the player's chances to make a profit, SoftSwiss hit a home run with their latest mythological-figure themed Platinum Lightning. You will be thrilled to see the elegantly laid out graphics of Poseidon, Themis, Mermaids and Medusa, Thor among others on a Bitcoin slot, especially if you are an enthusiast of ancient European mythology. The frame of the slot was brilliantly conceived with two perfectly well detailed sculpture images. The game is accompanied by original Greek music and sound effects for winning combinations but most importantly,....