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With the price of bitcoin jumping to fresh 2020 highs last month, those running the digital currency’s underlying infrastructure are pondering the consequences. Namely, the routing node operators at the heart of Bitcoin’s Lightning Network are busily bracing for the curious new users that usually come with a bull run. Bitcoin’s
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The team behind the Bitcoin Lightning Network’s leading software implementation is launching a marketplace for Lightning users to lease liquidity for payments on the second-layer network.Today, Lightning Labs announced the release of Pool, “a non-custodial, peer-to-peer marketplace for Lightning node operators to buy and sell access to liquidity,” according to
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The Lightning Network is a young protocol, and it’s going through some technical growing pains as its tech stack grows and its network expands. While most of the vulnerabilities (covered in part one of this series) are neither protocol-breaking nor easy to exploit, they’re still reminders that improvements come with
Read MoreLightning network node operators running LND versions prior to the Oct. 1 version 0.11 upgrade have been urged to upgrade immediately after a vulnerability was discovered affecting LND versions 0.10 and below.The vulnerability was made public in an Oct. 9 announcement from Lightning engineer Conner Fromknecht, Head of Cryptographic Engineering
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A vulnerability in LND versions 0.10.x and below has been disclosed to the Lightning Labs team, according to engineer Conner Fromknecht in the Lightning Network developer channel Thursday. In light of the disclosure, the firm is urging node operators to upgrade to versions 0.11.0 or higher as soon as possible. Source
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While so-called “DeFi degens” are busy bidding up the price of food-themed tokens, on the other end of crypto’s DeFi spectrum two teams working on the most popular implementations of Bitcoin’s Lightning Network have been busy pushing out new features. This week, both Lightning Labs, which maintains the Lightning Network Daemon (LND)
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With support from big players in the industry, LN Markets can guarantee its customers top-notch trading capabilities.LN Markets, a trading platform that is built on top of the Lightning Network, has concluded a pre-seed funding round for an undisclosed amount led by crypto exchange Bitfinex among other investors.LN Markets leverages
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The Layer 2 protocol holds $12.4 million worth of bitcoins. Source
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Last month, Bitcoin Lightning startup Strike announced it would be working with the world payment giant Visa. Now, another startup in the same vein, LastBit, which just launched its app in beta, will be going through the same Visa Fast Track program. This partnership will eventually make it possible for users
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Bitcoin’s Lightning Network has reached a significant milestone. An important capacity limit meant to protect users of the nascent protocol is being tweaked, toppling a barrier to entry for companies looking to adopt the novel payment system. LND, a leading Lightning Network implementation from startup Lightning Labs, has announced it has
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