Bitcoin Lightning Network Growth Is Organic, Coming From Real-World Adoption
Bitcoin’s Lightning Network (LN) capacity recently surpassed an all-time high of 5,000 BTC.
The Studies on Lightning Network
Bitcoin was created by Satoshi Nakamoto in 2009, with draft code for payment channels included in the original software. The community worked to develop the Lightning Network to realize Bitcoin's mission of a peer-to-peer electronic cash system.
Lightning Network Reaches All-Time High in Bitcoin Capacity
Lightning Network, a Layer 2 payment network built on top of the Bitcoin blockchain, has reached an all-time high in terms of capacity, or the amount of bitcoin (BTC) locked in payment channels.
Bitcoin’s Lightning Network Powers Strike’s Expansion to the Philippines
Jack Mallers, the founder and CEO of Zap Solutions, a Bitcoin payments start-up that uses the Lightning Network, says that the company’s platform, Strike, now enables fast direct transfers of U.S. dollars to banks and mobile money accounts in the Philippines.
What Is the Lightning Network? How Does It Work?
The Lightning Network is a second-layer scaling solution for the Bitcoin blockchain that aims to solve the issue of slow transaction speeds and high fees on the Bitcoin network.
Strike Expands Lightning Network-Powered Remittances to Philippines
Digital payments firm Strike is expanding its international money transfer service that runs on Bitcoin’s Lightning Network to the Philippines, in a push to tap into the country’s $35 billion remittance market, one of the world’s largest.
Nigerian Innovator Launches First Active Bitcoin Lightning Node in the Country
A new Bitcoin lightning node in Nigeria could inspire individuals to take “control of their financial future” and break free from ‘rotten' financial systems node runner Megasley told Cointelegraph.
Lightning Network Gets Physical Form in Australia With Bitcoin ATM
The Australian city of Coolangatta has got its first Bitcoin (BTC) ATM with integrated Lightning network capabilities. The new ATM has been installed at The Strand shopping center in Coolangatta and is now available for use by the public.
MicroStrategy Will Launch Bitcoin Lightning Enterprise Plugin In 2023
Michael Saylor, executive chairman of MicroStrategy, said on Dec. 28 that his company will introduce a Lightning Network-based product in 2023.
Crowdfunding Gets Leg Up From Lightning Addresses on Bitcoin
The Lightning Network strikes again. In a small yet significant development for Bitcoin (BTC), a new type of BTC address has been introduced: the “Lightning Address.” These unique identifiers are specifically designed for use on the Lightning Network, a layer-2 payment protocol that operates on top of the Bitcoin blockchain.
