Lightning Network

Bitcoin’s Lightning Network Version 1 RC is Here, Mainnet Beta Implementations On The Way

4 days ago 7ring 0
According to a post from three Lightning Network development teams on Medium, a release candidate for version 1.0 of the Lightning Network protocol has been completed, which includes compatibility between three different implementations of this layer-two scaling solution for Bitcoin. Multiple teams working on the Lightning Network first started to work towards the standardization of Read More

Lightning Must Strike Soon, Bitcoin Facing Backlogs as Scalability Solution Awaited

4 weeks ago 7ring Comments Off on Lightning Must Strike Soon, Bitcoin Facing Backlogs as Scalability Solution Awaited
At press time, the Bitcoin network is currently facing a backlog of over 135,000 unconfirmed transactions and fees have soared. This comes days after the proponents of the SegWit2x scaling solution announced they wouldn’t move forward with a doubling of Bitcoin’s block size due to lack of consensus. Since larger blocks are clearly dead in Read More