Lightning

Lightning is Bitcoin: Myths and Misconceptions about the Payment Channel Network

Lightning is Bitcoin: Myths and Misconceptions about the Payment Channel Network

Key facts: Lightning is not an independent network of its own, as some mistakenly think. “Bitcoin is Lightning”, explain specialist bitcoiners on the subject. The terminology of the Lightning network has made some of its users and enthusiasts think that this solution is separate and totally independent of Bitcoin. While it is a network in …

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Fast or cheap payments? This Lightning Client Makes Sending Bitcoin Simple

Key facts: Lightning Labs’ new client makes searching for payment routes more efficient. It also includes MuSig2, to experiment with multisignature transactions. Lightning Labs announced the launch of its new client to interact with Lightning, the network of Bitcoin payment channels, adding new features to this popular software. The client named lnd 0.15 beta notably …

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New MuSig2 Multi-Signature Protocol Coming to Bitcoin Lightning Network

1 in 4 Ethereum transactions are made through rollups

Alex Bosworth, a developer at Lightning Labs, announced that MuSig2, the evolution of the multisignature protocol he designed, could be added to Bitcoin’s Lightning Network (LN) soon. “An update to MuSig2 is already in final revision for Lightning Loop,” Bosworth commented in a Tweetwhere he also mentions some of the advantages that this tool would …

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Bitcoin and Lightning in the same QR code: wallets that use this simple way to pay

Bitcoin Miner Earnings Bottom Before Recovering 20% ​​in 12 Hours

Key facts: BIP21 allows more parameters to be added to QR codes for BTC payments. The BOLT12 protocol is much more practical than BOLT11, but is still under development. QR codes are a tool that has revolutionized the world of smartphone payments, ranging from fiat banking applications to Bitcoin wallets, and even Lightning Network (LN). …

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Bitcoin Lightning Network Hits All-Time High in Average Payment Channel Capacity

Bitcoin Miner Earnings Bottom Before Recovering 20% ​​in 12 Hours

Sending large sums of money through the Bitcoin Lightning (LN) network is becoming more feasible, thanks to the constant growth that the average capacity of its payment channels has experienced. For this June 18, the average capacity of LN payment channels is 4.7 million satoshis, that is 0.047 BTC. It is the first time that …

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Bitcoin Hits Web3: Connect Your Lightning Node to an Internet or Mobile App

Bitcoin Miner Earnings Bottom Before Recovering 20% ​​in 12 Hours

Sending and receiving bitcoins between users of a mobile application or an Internet browser can be more easily managed thanks to Lightning Node Connect (LNC). This implementation allows connecting a Bitcoin Lightning Network node to another non-Bitcoin related software or nodein order to realize the concept of Web3: the interactive union between information protocols and …

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“So long, altcoin”: The final Ethereum Killer could be Bitcoin’s Lightning Network

Bitcoin Miner Earnings Bottom Before Recovering 20% ​​in 12 Hours

Key facts: Ethereum’s Solidity is more vulnerable than the programming language used by Bitcoin. There are already successfully active applications operating on the Bitcoin Lightning Network. Ethereum is often recognized as the ideal network to host applications thanks to the versatility it offers in the creation of smart contracts; however, Bitcoin’s Lightning Network (LN) is …

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Open a Lightning channel without confirmations from the Bitcoin network with this application

1 in 4 Ethereum transactions are made through rollups

Lightning is the payment network that works as the second layer of Bitcoin. Both networks are intimately linked, since to open a Lightning channel you need to make a transaction that is confirmed by the miners and added to the history in the main Bitcoin network. However, there is the implementation of turbo channels (Turbo …

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Who paid me? Follow a blind route to send bitcoins in Lightning

Edge Wallet enables Mastercard without KYC

Imagine sending a payment through the Lightning network and at the last moment the path that your satoshis (bitcoins or BTC) traveled to reach their final destination is hidden. This is the “blind route” proposal (blind path), that It consists of cryptographically hiding the path traveled by the satoshis of a payment in the Lightning …

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