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 … Read more

A Look at What It Was Like to Operate the Lightning Network’s Largest Node

About two weeks ago news.Bitcoin.com reported on one guy who controlled the Lightning Network’s (LN) biggest node when he commanded 49 percent of the total funds held within the network. Since then, Andreas Brekken, the owner of the blockchain review website Shitcoin.com, wrote four reviews about his node that held 35.24 BTC and his daily … Read more

One Guy Controls the Lightning Network’s Biggest Node

BTC supporters were elated to discover recently that the Lightning Network’s (LN) capacity had spiked by 216 percent in just one day. Some individuals suspected the Build on Bitcoin conference had sparked more LN interest. However, onlookers have found the spike was due to a single node created by the owner of Shitcoin.com. According to … Read more

Looking Beyond the Lightning Network Hype: Every Day Users Experience Issues

Over the past few months, there’s been a lot of headlines and new wallets created for the notorious Lightning Network — The second layer payment protocol that’s being touted as a solution to the BTC chain’s scaling issues. The project is in its very early stages as the technology is still in beta, but people are … Read more

Satoshi’s Place Is the New Battleground for Bitcoin Core and Cash Supporters

There aren’t many things that bitcoin core and bitcoin cash supporters can agree on. If the two camps were a couple, they could reasonably be described as having irreconcilable differences. When Satoshi’s Place, a virtual graffiti wall powered by the Lightning Network (LN) sprang up, it was inevitable that the BTC and BCH factions would … Read more

SBI Bits Jerry Chan Discusses the Lightning Network and Colored Coins

At the Satoshi’s Vision Conference in Japan Bitcoin.com’s Jake Smith interviewed Jerry Chan the lead executive for SBI Group’s fintech arm ‘SBI Bits.’ Chan explains what SBI Bits is involved in and how it had embraced blockchain technology and cryptocurrency solutions. The firm has recently launched a mining pool that’s processing bitcoin cash blocks alongside … Read more

Price of Bitcoin Plunges Further to $7,500

In just the past week, the global market cap of all cryptocurrencies has fallen close to US$70 billion. In that same period, Bitcoin (BTC) has fallen 20% from a local high of US$9,000 to its current price of $7,500. Despite a number of bullish sentiments and news recently, the price of Bitcoin and cryptocurrencies across … Read more

Lightning and Mainnet: A Look at the Protocol’s Hype, Trials, and Error

Over the past few weeks, there’s been a lot of hyped up discussion about the Lightning Network (LN) from those who believe it will help scale the bitcoin core (BTC) protocol. The Lightning Network topic has now moved from BTC testnet experimentation to trialing LN over the currency’s mainnet using real BTC. LN development and … Read more

VPN Provider Now Accepts Lightning Network Payments

During the first week of the new year, many cryptocurrency enthusiasts have been talking about the Lightning Network (LN). So far the protocol has surpassed 610 nodes and 1882 channels while many bitcoiners, businesses, and developers have tried the technology on both testnet and mainnet. This week the virtual private network (VPN) service Torguard initiated … Read more

A New Second Layer: Channel Factories

Lately, there’s been a lot of discussion about a new concept called ‘Channel Factories.’ The technology ultimately makes the Lightning Network (LN) a ‘third layer’ and a ‘new layer’ rests in between the bitcoin blockchain and LN payment channels. Also read: Peter Thiel, Bitcoin Astronaut, Moves Markets with Crypto Moonshot Channel Factories: Adding Another Layer … Read more