Bitcoin Price Watch; It’s Lightning Fast Out There!
It’s morning time in Europe again, and as such, time to put forward our first analysis of the day in the bitcoin price. We’ve been craving some volatility over the last few days, and action last night finally gave us that volatility. Having initially gained to overnight highs just ahead of 455, price looked pretty solid this morning as the European session opened. However, as we write this, price has collapsed to carve out intraday lows at 451.45. Exactly what is driving this selloff is unclear. It may just be that short-term speculators are pulling profits out of the market on the back of....
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Bitcoin’s second layer payment protocol Lightning Network has been expanding unnoticed by most users. First proposed in 2015 and launched in 2018 as a beta, its adoption and capacity have accelerated during the past few months. The Lightning Network allows users to send fast and low-cost transactions via payment channels. Unlike the Bitcoin-based layer, lightning […]
The Lightning Network is the reason Bitcoin will be legal tender in El Salvador. The main chain couldn’t serve a whole country without a fast and reliable payment channel built on top of it. It’s as simple as that. However, is the Lightning Network invulnerable to attacks? Is its architecture as bulletproof as Bitcoin’s main […]
Cash App mentions that the Lightning Network feature is not available to users located in New York. Mobile payment service Cash App revealed that Lightning Network can now be used to transfer Bitcoin (BTC) through its app. With the new feature, its users can send their BTC to any Lightning or on-chain BTC address.Lightning Network is now available on Cash App. It's the fastest, free way to pay anyone in bitcoin. Buy tacos, tip your favorite Twitter comedian, or send a friend money abroad—anywhere that accepts lightning. pic.twitter.com/65TXSJ6yL6— Cash App (@CashApp) February 7,....
The Lightning Network, Bitcoin’s Layer 2 solution for fast and cheap transactions, has crossed the 1,500 BTC capacity milestone.
Blockstream successfully tests Lightning payment protocol on Bitcoin blockchain. The Bitcoin Lightning micropayments protocol has successfully passed the test. The protocol was tested recently by researchers from Blockstream, a company contributing towards the maintenance and development of Bitcoin Core protocol. People from across the world are increasingly using Bitcoin as a medium of value exchange and storage. This has led to a sharp rise in the number of transactions being processed by the Bitcoin blockchain on a daily basis. As the community continues to grow, the Bitcoin network....