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Bitcoin’s Lightning Network Is Vulnerable to ‘Looting’: New Research Explains
6.7.2020
Computer scientists Jona Harris and Aviv Zohar have examined the Lightning Network's "flood and loot" attack which preys on Bitcoin congestion
App Connects Bitcoin and Lightning Payments Directly to Your Bank Account
6.7.2020
The Strike app hopes to encourage mass adoption of the Bitcoin and Lightning Network by connecting it directly to a bank account or debit card
The IRS Investigation Division Is Requesting Information About Privacy-Centric Cryptocurrencies
4.7.2020
The United States tax agency has published a request for information pertaining to privacy-centric cryptocurrencies and technologies that obfuscate crypto transactions. The IRS-CI Cyber Crimes Unit request is also asking for information in relation to “layer two offchain protocol networks...
IRS Wants to Track ‘Nefarious’ Privacy Coin and Lightning Transactions
3.7.2020
The IRS is looking to expand its investigative capabilities around privacy coins, layer-two solutions, and sidechains
‘Running Drivenet:’ Bitcoin Proponent Discusses the Benefits of Drivechain Versus Lightning Network
2.7.2020
During the last few days, a number of cryptocurrency supporters have been discussing Paul Sztorc’s Drivechain project, also referred to as “Drivenet.” The Drivechain project has been a work in progress for years now, and just recently Sztorc published a new version of the Drivenet...
Bitcoin Startup Zap Is Working With Visa
2.7.2020
Lightning Network startup Zap, Inc. is partnering with Visa to offer the most user-friendly bitcoin services since Cash App
Cryptography Startup Brings Private Payment Channels to Tezos Blockchain
1.7.2020
Cryptography firm Bolt Labs has launched a private payment solution, zkChannels, on Tezos
Sendbit.io: Lightning Speed Crypto Wallet for Fiat Merchants
1.7.2020
Cryptocurrencies are known for their volatile nature, having wild price fluctuations in short spans of time. In the past few years, crypto payments have grown in popularity, and more and more services have started accepting crypto coins on their platforms. But many are wary of accepting digital...
Researchers Say New Lightning Network Attack Could Create ‘Chaos’
29.6.2020
The Lightning Network is susceptible to attacks that could drain Bitcoin wallets by flooding the blockchain
Yield Farming Pool Concept May Solidify Ethereum’s Role as BTC’s Main Sidechain
26.6.2020
Decentralized finance (defi) applications on the Ethereum chain have been growing wildly during the last two years. Now a number of synthetic versions of bitcoin, that leverage the Ethereum chain, has outpaced offchain solutions like Blockstream’s Liquid and the Lightning Network. Just...
Proof-of-Work vs. Proof-of-Stake for Scaling Blockchains
23.6.2020
It’s no secret that cryptocurrency has a scaling issue, so we look at various ways either proof-of-work or proof-of-stake could be effective
Blockchain Bites: Canaan’s Plunge, Revolut’s Control and Lightning Nodes in Africa
16.6.2020
Canaan Creative's stock is at the lowest price since going public while Revolut is simultaneously ceding ownership of and exerting control over client's crypto holdings
One Man’s Mission to Deploy Solar-Powered Bitcoin Nodes Across Africa
16.6.2020
A Nigerian entrepreneur has released a $500 kit for building solar-powered Lightning nodes in hopes of expanding bitcoin adoption across Africa
Bootstrapping Mobile Mesh Networks with Bitcoin Lightning
14.6.2020
Richard Myers says the future of ad-hoc mesh networks for SMS messages and Bitcoin transactions on your smart phone is here, but it needs the Lightning network to succeed
Why This Dev Built a ‘Centralized Ethereum’ on Top of Bitcoin’s Lightning Network
12.6.2020
Ethereum showed the limits of decentralization, says the creator of an explicitly centralized version that pays contracts via Bitcoin’s Lightning Network
Ethereum Has Become Bitcoin’s Top Off-Chain Destination
4.6.2020
The most popular way to use bitcoin off-chain is on Ethereum, recent data indicates
Lightning Network Overhaul Could Strengthen Bitcoin Privacy – But Many ‘Ifs’ Remain
3.6.2020
Bitcoin developers are exploring Point Timelock Contracts (PTLCs) to improve the privacy of payments on the Lightning Network
Bitcoiners Sprint to Improve Lightning Network in 2-Day Virtual Hackathon
2.6.2020
Unable to meet in person, developers around the world collaborated by videoconference for a 48-hour stretch to refine Bitcoin’s Lightning Network
Blockchain Battery Grids Are Powering Up at Lightning Speed
29.5.2020
Equigy, a blockchain platform for managing batteries connected to the electric grid, is expanding its operations in the European Union
Bitpay Has ‘No Current Plans’ to Support Liquid or the Lightning Network
29.5.2020
According to Bitpay’s Chief Marketing Officer, Bill Zielke, onchain bitcoin payments still rule the roost as far as payments are concerned. Zielke detailed that at least in the near future, Bitpay won’t be supporting the Lightning Network or Blockstream’s Liquid project. Liquid...