Pickhardt Payments: How To Send Large Bitcoin Payments On Lightning

Pickhardt Payments: How To Send Large Bitcoin Payments On Lightning

The work of Rene Pickhardt shows that despite being mainly used for small, fast Bitcoin transactions, Lightning can also deliver large payments.The Lightning Network is seen as the main solution in the Bitcoin ecosystem for making small BTC transactions feasible, as it enables the smallest of payments to be sent for nearly no fees.Indeed, Lightning has come a long way since first being designed in 2015 and having gone live in 2018. There are now over 88,000 public channels holding over 4,000 BTC, according to data from Txstats.com.The Bitcoin overlay network enjoyed substantial growth over....


Related News

Email Subscription Platform Substack Adds Bitcoin Lightning Payments

Substack with over half a million subscribers, announced Monday it has integrated Bitcoin Lightning payments in collaboration with OpenNode, a payment processor offering Bitcoin and Lightning optimized API solutions for businesses.

Storj and Counterparty Create a New Lightning Based Payments Technology

Storj along with Counterparty have developed a new payments technology based on Lightning Network to support crypto-asset payments on the Counterparty Network. Storj, the blockchain based decentralized cloud storage services provider has joined forces with Counterparty, a Bitcoin blockchain based smart contract tools provider to create a new payments channel technology. The technology developed by Storj is currently in the proof of concept stage and it will be used for enabling payments on the Counterparty network using Counterparty tokens. Storj’s concept payments technology is built to....

Making Lightning Payments Private Again With pLN

pLN is a new wallet project that aims to make it easy for users to follow the “happy path” of making bitcoin payments privately on Lightning.

Bitpay Adds Lightning Network, Youth Fashion Brand Pacsun to Accept Payments ...

On April 6, one of the largest cryptocurrency payment platforms in the world, Bitpay, announced the Atlanta-based company has integrated bitcoin payments via the Lightning Network. According to the announcement on Wednesday, the youth-focused American retail clothing brand Pacific Sunwear (Pacsun) will be the first merchant to leverage Bitpay to accept Lightning Network payments. Payment Platform Bitpay Adds Lightning Network Support, Pacsun Accepts Lightning Payments Bitpay is now allowing bitcoin payments via the Lightning Network (LN) in order to allow bitcoin users to pay using the....

Bitcoin Startup Blockchain Announces the Thunder Network  

Bitcoin-centric startup Blockchain has announced and released the alpha version of its Thunder Network – a payments channel that it claims will prove to be the first usable implementation of the Lightning network for off chain bitcoin payments that settles back to the main bitcoin blockchain. Bitcoin startup Blockchain has announced the first version of the Thunder Network, with an alpha release of the code. The payment technology prototype is described by Blockchain as a “way to send money ‘off-chain’ to other parties in a trustless manner based on the lightning network.” In its....