Here’s What Happens When You Use Lightning Network for the First Time

Do you remember receiving your first bitcoin? Seeing those satoshis arrive in your wallet is a magical, almost spiritual, experience. In that moment, the most beautiful thing about bitcoin is not its censorship resistance or pseudonymity: it’s that it works at the first time of asking. No pending account verification, no weekend processing delays, and … Read more

How Bitcoin’s Peer-to-Peer Cash System Was Revealed 11 Years Ago

On October 31, 2008, on the eve of Halloween, Satoshi Nakamoto published the Bitcoin whitepaper. Since then the revolutionary design of the network has changed the lives of many and has transformed how we look at money today. Also read: China Ranks 35 Crypto Projects as President Xi Pushes Blockchain The 11th Anniversary of the … Read more

Smart Contract Blockchains Are Struggling to Scale

Second generation blockchains were presented as being faster, cheaper, and more scalable than Bitcoin. Third generation chains (basically anything that came after Ethereum) promised even greater optimizations. In the event, these networks have run into the same difficulties as Bitcoin, with competition for scarce resources leading to mounting costs and congestion. To tackle these problems, … Read more

Bitcoin Cash Proponents Prepare for Forthcoming Upgrade Features

In five weeks, the Bitcoin Cash (BCH) network will upgrade once again, adding two new features to the blockchain. The first component added will be Schnorr support for OP_Checkmultisig, which will allow more complex mechanics to multi-signature transactions and all signature checking operations will support Schnorr signatures. Lastly, the upgrade will finalize the BIP62 malleability … Read more

Bitcoin’s Scaling Problems Forced Facebook to Launch Libra

If it wasn’t for Bitcoin there would be no Libra. That much is self-evident, since Satoshi’s creation laid the groundwork for every crypto asset that’s followed. The extent to which Bitcoin was responsible for spawning Facebook’s currency has now been made brutally clear in an interview with Abra’s Bill Barhydt. The investment platform’s CEO claims … Read more

Tron’s dAppChain Offers Unlimited dApp Capacity for Developers

Scaling cryptocurrency projects is an ongoing challenge for a growing community of developers. Even Tron, the seemingly increasingly popular project, has a need for scaling which might require some outside-of-the-box solutions. dAppChain is a sidechain dedicated specifically to dApps. It will provide these apps and their developers with numerous benefits which can lead to a … Read more

Bitcoin Cash 2-Year Anniversary: Celebrating Protocol Development and Achievements

Today Bitcoin Cash (BCH) fans from all around the world will be celebrating the 2-year anniversary of the BCH network. The day is a great occasion to commemorate the dedicated BCH software engineers and the passionate community, alongside the number of achievements accomplished since August 1, 2017. Also Read: Btc.top CEO Highlights the Benefits and … Read more

Btc.top CEO Highlights the Benefits and ‘Golden Mean’ of Bitcoin Cash

On July 23, the CEO of Btc.top, Jiang Zhuoer, debated Nchain’s chief scientist Craig Wright in regard to the civil war between BCH and BSV that took place in November. Amid the debate hosted by Bitkan, Zhuoer highlighted the top three advantages tied to the Bitcoin Cash ecosystem. During the dialogue, Zhuoer also emphasized that … Read more