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“You get to talk to lightning nodes with dollars.”That’s how Zap CEO Jack Mallers described his lightning wallet’s new U.S. dollar clearing system in a phone interview with CoinDesk. Announced Thursday, the upgrade aims to address a number of hurdles faced by current cryptocurrency payment options.“You can download it, link
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Researchers from cryptocurrency exchange BitMEX have suggested that the privacy and scalability benefits of Bitcoin’s (BTC) implementation of the Lightning Network are less than expected.A report published by BitMEX on Jan. 11 illustrates the researchers’ efforts to determine the growth of the Lightning Network by trying to extrapolate information
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According of a research report from BitMEX, the largest cryptocurrency margin trading platform in the global market, the usage of the lightning network on bitcoin has surpassed expectations.More than 60,000 lightning network non-cooperative channel closures were recorded, and around 6,000 BTC were spent for closure transactions.The lightning network is a
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Bitcoin tech startup Blockstream said its c-lightning software team is the first to release a working version of "multi-part payments." While the name, c-lightning v0.8.0, is a mouthful, it's a big improvement for the user experience of the lightning network, a new layer that's probably bitcoin's best shot at scaling to
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Watchtowers, a semi-trusted payment channel sheriff, will keep the peace among lightning nodes. The new feature is likely to be implemented in the coming months.Spearheaded by Blockstream’s c-Lightning team, the Watchtowers are part of Eltoo, a proposed enforcement layer for the lightning network.“A Watchtower is basically outsourcing the penalizing of
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Since the mobile wallet app launched in June, Breez integrated with shopping and payment apps like Fold, MoonPay and Bitrefill, just to name a few. According to company data shared with CoinDesk, Breez’s ready-made lightning setup facilitated 4,273 transactions in October alone. That claim might be hard to swallow if
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Despite claims that ZmnSCPxj is an anonymous individual, Lightning developers likely know his identity. The individual attended October’s Lightning Conference in Berlin, giving a presentation during the conferences second day. The developer also appears to have spoken to others, such as c-Lightning’s Rusty Russel under Chatham House rules. Source
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"In the bitcoin space, only a fully [validating] node is the perfect solution for self-sovereignty. On the other hand, the SPV node is superior for storage size, internet connection bandwidth, and power consumption. We think that there may exist a new good solution to this trade-off problem. Nayuta mobile wallet
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The Stellar blockchain has been running its own version of bitcoin's Lightning Torch since the summer. Source
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Following an official announcement released by Bitfinex on December 4, 2019, users of the well-known exchange will be able to access the Bitrefill shop directly from the exchange interface and buy gift cards using the Lightning Network. Bitfinex for a New Digital Economy Yesterday, BTCManager presented the integration of deposits and withdrawals
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