Lightning Shines For Its Practicality
Applications built on top of the Lightning Network allow for micropayments, opening the door for integrations with existing video games and podcasts.This is an opinion editorial by Koji Higashi, a host of the Diamond Hands community.This is the second article based on the content of the “Understanding Lightning” report produced by the Diamond Hands community, the largest Lightning Network community in Japan. The report aims to provide an overview of Lightning’s technology and ecosystem for a nontechnical audience. The first article can be found here.Micropayments With Lightning....
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A chart based on the practicality of bitcoin for daily expenditures was introduced on many popular bitcoin online forums, including Reddit. The user, who goes by the alias “themetalfriend” is a bitcoin enthusiast who formulated the chart after using bitcoin to finance his day-to-day life in Germany. Bitcoin practicality chart shared by Reddit user....
The founder of Lightning company LNPay.co discusses how his API service helps businesses integrate Lightning
People who run Lightning Network nodes can charge fees to process transactions through their Lightning channels, thus earning small amounts of BTC. For instance, depending on network activity, a single Lightning node could route $10,000 worth of transactions per month and receive a 0.25 percent fee ...
The Lightning Network is one of the most bullish developments that the Bitcoin ecosystem has seen so far. And all the available metrics point up, a healthy and vibrant network is brewing. However, investor Kevin Rooke took a deeper look and found out that the Lightning Network is probably even bigger than previously thought. “Inaccurate comparisons and privacy preserving features make it hard to truly understand how big the Lightning Network is.” Related Reading | Bitcoin Lightning Network Reaches Record Capacity What does Rooke mean by that? Let’s find out. The Lightning Network By....
Lightning Labs, one of the prominent companies working to realize the lightning network, announcedthis week the alpha release of the open-source lightning daemon they've been spearheading: LND. While only compatible with Bitcoin’s testnet so far, the software is relatively feature-complete and operational. “We’re now looking for the wider community to test the software,” Joseph Poon, Lightning Labs developer and co-author of the lightning network white paper, told Bitcoin Magazine. “To get it ready for widespread use, but also to explore new use cases this enables.” The Lightning Network.....