Bitcoin Lightning Network developer updates node software with Taproot support

Lightning Labs, a developer of the Bitcoin (BTC) Lightning Network (LN), released a beta version of the Lightning Network Daemon (lnd) — a complete implementation of the LN node — with added support to the latest protocol upgrades including Taproot and Musig2 among other improvements. lnd is a software component that handles various aspects within … Read more

Can you earn passive income running a Lightning node?

The prerequisites to run a Bitcoin Lightning node include an amount of Bitcoin to fund your Lightning channel, fiat money to buy the hardware equipment(s), and a Lightning-compatible wallet. Remember that Lightning nodes are non-mining nodes, which means you aren’t mining Bitcoin but are vital to validating Bitcoin blocks. Validation Nodes are the most common … Read more

Bitcoin and Lightning Network can save DeFi from adversity: MicroStrategy CEO

In light of the recent fragility in the decentralized finance (DeFi) sector, Bitcoin (BTC) maximalist and MicroStrategy CEO Michael Saylor feels that Bitcoin and the Lightning network can come to the rescue of the DeFi market. With two enormous protocols, Terra and Celcius, facing acute difficulties within a month of each other, the DeFi sector is … Read more

Bitcoin hash rate marks all-time high as BTC price drops below $25K

Bitcoin (BTC) hash rate, a network security measure based on computing power for mining, achieved a new all-time high (ATH) of 231.428 ExaHash per second (EH/s) amid an ongoing bear market that witnesses BTC price plunging below the critical $25,000 mark. Hash rate is directly proportional to the computing power of mining equipment for confirming … Read more

Bitcoin Lightning Network Capacity charges through 4,000 BTC

There’s cause for celebration from the world’s largest cryptocurrency. The Lightning Network hit the 4,000 Bitcoin (BTC) public capacity milestone, meaning $120 million in value is ready for peer-to-peer payments. The Lightning Network first broke the 1,000 BTC barrier in August 2020 and the 2,000 BTC barrier in July 2021. The capacity has doubled in … Read more

Bitcoin Lightning Network capacity crosses 3900 BTC marking a new ATH

Unwithered by the ongoing bear market, Bitcoin’s (BTC) underlying architecture continues to outperform itself — further securing, decentralizing and speeding up the impenetrable peer-to-peer network. The same holds true for the Bitcoin Lightning Network (LN). The Bitcoin Lightning Network capacity attained an all-time high of 3915.776 BTC as evidenced by data from Bitcoin Visuals, displaying a commitment … Read more

Bitcoin Pizza Day rewind: A homage to weird and wonderful BTC purchases

Happy Bitcoin Pizza Day! Before you dial for a Margherita to commemorate the world’s first real-world Bitcoin transaction, here’s a slice of trivia: What do a family holiday to Japan, a 50 Cent album, a steak dinner, and a framed cat photo all have in common?  They were all paid for with Bitcoin (BTC) by … Read more

Central bankers bellow Bitcoin on El Salvador’s Bitcoin Beach

The orange pilling adventure in El Salvador continues. In a video that beggars belief, 44 central bankers and financial delegates from emerging markets around the world shout “Bitcoin!” while posing for a photo in El Zonte, El Salvador: And all the Central Bankers screamed…. pic.twitter.com/MxdOrYD3lc — Bitcoin Beach (@Bitcoinbeach) May 20, 2022 It seems that … Read more

The Lightning Network Lunch: A Bitcoin contactless payment story

The Lightning Network (LN) just got a bit faster, as the suitably named Bolt Card now enables Bitcoin (BTC) enthusiasts to pay for goods and services using contactless technology.  A data analyst at the company behind the card, CoinCorner, took the Bolt card on a trial run on the Isle of Man, a British Crown … Read more

FTX Founder Sam Bankman-Fried Thinks Bitcoin Has No Future as a Payments Network – Bitcoin News

Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has given his take regarding the future of Bitcoin’s usage. Bankman-Fried stated he doesn’t believe that Bitcoin will work as a payments network, due to its limited capability for scaling to fulfill this task. However, he believes it might become “an asset, a commodity, and a … Read more