Atomic Swaps Are Coming to BTCPay This Year, Says Nicolas Dorier [Interview]

Bitcoinist caught up with Nicolas Dorier, a developer of open-source and self-hosted Bitcoin payment processor alternative, BTCPay, who spoke about upcoming features such as atomic swaps, and making BitPay obsolete for businesses that don’t care about handling bitcoin.  ‘Nothing is Unsolvable in the Long Run’ Bitcoinist: In August 2017, you posted one of the most…

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Lightning Network Milestone: 'Micro-Auction' Art Piece Sells for $0.000000037

A ‘Black Swan’ art piece by Cryptograffiti has auctioned to the lowest bidder for a milli-satoshi or just $0.000000037 thanks to the Bitcoin Lightning Network, making the winning likely the world’s cheapest auction.  The ‘Black Swan’ A Reddit user going by the name Cryptograffiti shared his story of creating and auctioning a tiny piece of art called “Black Swan.”…

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Builders on Wall Street: Bitcoin Devs Host Lightning Hack Day

It was described as “not a normal conference.” Sure, speakers took to the podium to present their futuristic ideas – a staple at the cryptocurrency space’s many, many conferences. But the Lightning Hackday, which took place in the heart of Wall Street on October 27th and 28th, was all-in-all more of a community-led endeavor with…

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This E-Bike Accepts Payments With Bitcoin's Lightning Network

Lightning Network has certainly inspired the home-brew hardware and software community to develop case-of-use scenarios for its micro-payments.  On Yer Bike Following Poketoshi, a Coke vending machine, and a real Swiss cafe, a German hacker has now developed a lightning-powered e-bike. The bike is a pretty standard 28-inch gents model, with an electronic conversion kit retrofitted. The…

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Lightning Network – The Good and The Bad, Explained by a Bitcoin Maximalish Programmer

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HTC 'Exodus' Blockchain Phone To Support LTC, Lee to Advise Project

Charlie Lee, the creator of Litecoin (LTC), has been announced as an adviser to the development of HTC’s “Exodus” blockchain phone following Mr. Lee’s recent tweet that stated he had met with the HTC team and that the Exodus phone will natively support LTC. Also Read: Football Team in Gibraltar to Pay Its Players in Cryptocurrency…

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Trump is setting up FED, same time, flow of inflation into Bitcoin ready! 😁👍🏻

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Bitcoin’s Lightning Network Will Change Cryptocurrency (Andreas M. Antonopoulos)

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Cryptocurrency – What is Bitcoin’s Proof of Work (Pow) & Lightning Network? Explained in Hind

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WeChat’s 1 Billion Users Adopt Bitcoin Cash? & Andreas Antonopoulos Discussion | Bitcoin News

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'Be Vigilant' – One Person Behind Lightning Network 220% Capacity Spike

Concern is mounting over Bitcoin’s Lightning Network after an advisor to pro-Bitcoin Cash website Bitcoin.com almost doubled its capacity this week. Bitcoin.com Advisor Doubles Lightning Capacity Andreas Brekken, owner of Shitcoin.com and an associate of Bitcoin.com owner Roger Ver, who has publicly criticized Lightning, currently controls a Lightning Network node with a capacity of 35.4…

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CoinGate Pilot Allows Merchants To Test Lightning Network

The cryptocurrency payment gateway recently launched a Lightning Network pilot. According to a recent announcement, the crypto payment service CoinGate is allowing over 100 merchants to accept Lightning Network (LN) payments as part of the company’s pilot program. The announcement comes after CoinGate tested LN payments on its demo shop. The company stated, “Several projects…

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CEO of Shitcoin.com Becomes Biggest Node Ever on Lightning Network

Andreas Brekken, man behind anti-bitcoin rating site, became the biggest node on Lightning Network after opening channels worth ~$50k Andreas Brekken, CEO of controversial anti-bitcoin media shitcoin.com, became the biggest node ever on the Lightning Network after opening channels worth $50,000 which resulted in a 15% of the whole network’s capacity. This sparked a heated…

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Censorship, Bans, and ETH Scams: Twitter Suspends Bitmain's Official Account

This week the Twitter handle @Bitmaintech was locked down because Twitter administrators claimed the account belongs to a 4-year-old. The Twitter handle’s owner and Bitmain’s head of marketing have complained to the social media company’s support team and Twitter’s CEO Jack Dorsey. The account lockdown marks the second high profile bitcoin-related account that’s been banned…

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What are payment channels? (eg. the Lightning Network)

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A Real-Time Fight Over Shitty Art Is Becoming a Big Deal for Bitcoin

A bird? A plane? No, that’s just a giant penis spouting flaming bitcoin. Such is the canvas at Satoshi’s Place, a web app that allows savvy users to create digital pictures by sending small amounts of bitcoin. In the weeks since its release, the graffiti tool has become the site of territorial battles of pixel-space,…

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Patching the Lightning Network

As the beta implementation of the Lightning Network sends the first transactions across the blockchain, two developers have published a research paper proposing an important modification. By its proponents, the Lightning Network is touted as Bitcoin’s saviour, potentially solving the scaling issues that prevent the blockchain from processing the number of transactions per second that…

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'Layer 2' Blockchain Tech Is an Even Bigger Deal Than You Think

Michael J. Casey is chairman of CoinDesk’s advisory board and a senior advisor of blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. Welcome to the “Layer 2” era. We are now entering an exciting new phase of blockchain development…

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Strike API for Lightning Network Went Live

A new API that operates on the Lightning Network layer aims to make it easier for merchants to accept Bitcoin while lowering implementation overhead. The Lightning network provides a convenient payment method for people who do not want to contend with Bitcoin’s fluctuating transaction fees or slow block verification. Some companies might find it difficult…

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Lightning + NFC? The New Plan to Bring Bitcoin to Retail

Imagine a way to expand bitcoin payments to millions per second. Now, imagine a clunky, command-line interface. That’s the extent of the divide between the vision enabled by bitcoin’s best-yet scaling solution, the lightning network, and the current state of its design. But while that’s daunting, developers are moving ahead on designs to make the…

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