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Lightning Network payment channels on Bitcoin declined 23% in the past five months. Are the incentives there to make it a viable scaling solution? | Source: ShutterstockBy CCN Markets: Usage of Bitcoin’s Lightning Network underwent a sizeable decline in 2019. According to data from BitcoinVisuals, 23% of Lightning Network
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Bitcoin (BTC) turned 10 years old recently, and if someone were to tell its founder, Satoshi Nakamoto, in 2008 that the new decentralized currency would still be thriving in 2019, he/she/they may assume that the experiment succeeded. However, an idea like Bitcoin is capable of existing even if it isn’t very
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Australian software programmer and Bitcoin’s (BTC) Lightning Network coder Rusty Russell warned users that “security issues have been found in various Lightning projects which could cause loss of funds.”Urgent update recommendedOn Aug. 30, Russell published a tweet urging LN nodes operators to update their software as soon as possible.
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Andreas Antonopoulos announced his new “Mastering Lightning Network” book, co-authored by René Pickhardt and Lightning Labs CTO, Olaoluwa Osuntokun.Antonopoulos, Osuntokun and Pickhardt announced their new book, “Mastering Lightning Network,” in a YouTube video published on Aug. 28. In the video, Antonopoulos noted that the three will start writing in September
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Is Bitcoin’s Lightning Network Secure Enough to Use? August 24, 2019 by Jeff Fawkes Bitcoin’s Lightning Network has been in development for several years now. But is it ready and secure for mainstream use? Let’s make a deep dive into what is currently going on in its development, and examine
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