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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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Former blockchain firm ConsenSys’ ventures head Kavita Gupta joined security token project Dusk Network.As industry news outlet The Block reported on Aug. 30, Gupta joined Dusk Network, an Amsterdam-based startup trying to help companies tokenize their equity shares. Dusk Network co-founder Mels Dees claims that the company is also
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All-time revenue for Bitcoin (BTC) miners has topped $14 billion, according to fresh data from Coin Metrics.As Yahoo! Finance reported on Aug. 30, despite the massive increase in the network’s hash rate — a factor that depresses the profitability of mining — there’s still more money in the game
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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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Parity, a blockchain infrastructure company that runs the core of the Ethereum network, is delaying the Ethereum core devs’ planned hardfork until Sept. 6.Waiting on ParityEtherWorld founder Pooja Ranjan provided notes from Ethereum Core Devs Meeting 69 via GitHub on Aug. 24 — a day after the dev meeting
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Gemini, the cryptocurrency exchange founded by the Winklevoss twins, is joining crypto-friendly bank Silvergate’s Silvergate Exchange Network (SEN) to speed fiat transfers.Real-time fiat money transfersGemini announced the move in an official blog post on Aug. 27. According to the announcement, the main benefit of the exchange’s partnership with Silvergate
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After a year and a half of hard work and hype, the VideoCoin Network project has debuted its blockchain-powered video infrastructure platform – the VideoCoin Network. The network is for distributing, encoding, and storing video content, and going into the video processing and delivery arena. advertisementFor the first time, users
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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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Standard Bank, Africa’s largest bank by total assets, has joined blockchain-based trade finance network, the Marco Polo Network.Standard Bank will now develop trade finance solutions alongside major global financial institutions such as French BNP Paribas and Dutch ING, according to a press release on Aug. 22.Backed by the world’s
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