Lightning Network
Bitcoin Lightning Network Growth Passes New Milestones
The Lightning Network, a layer 2 payments solution built on top of the Bitcoin blockchain that enables secure, private and near-instantaneous transactions at little to no cost, has surpassed 25,000 active nodes for the first time. This indicates the network is growing stronger with more nodes and channels.
Lightning Network Nodes Surpass 25K for First Time Ever
CoinDesk's Galen Moore discusses his assessment of skyrocketing activity on Bitcoin's Lightning Network as it surpassed 25,000 active nodes for the first time. "The supply is up, for sure, but is the demand up?" Moore asked. Plus, his take on emerging markets taking on crypto as reported in Chainalysis' 2021 global crypto adoption index.
Bitcoin Lightning Network Growth Passes New Milestones
However, only about 58% of nodes are operating channels and earning yield.
Lightning Labs CTO ‘Roasbeef’ on the Purpose and Progress of Bitcoin’s Lightning Network
Bitcoin’s Lightning Network has reached a new milestone, exceeding 2,000 BTC. Referred to as a “second layer” system, it is designed to reduce the time and fees to send bitcoin during periods of high network traffic.
The Future of Bitcoin and the Lightning Network
Lightning Labs co-founder and CTO Olaoluwa Osuntokun, also known on social media as “Roasbeef,” discusses the future of bitcoin and the Lightning Network, which some hail as the most important project for the most crucial asset in the digital asset space. Plus, his take on DeFi on the Bitcoin blockchain.
Lightning Network Gets Boost From El Salvador’s Bitcoin Law
Bitcoin committed to Lightning channels has grown about 30% since El Salvador's bitcoin law passed, according to CoinDesk Research. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Bitcoin Holds Above $32K as Sentiment Improves
Cryptocurrencies are mostly higher on Friday as bullish sentiment returns into the weekend, with bitcoin trading around $32K at press time.
Blockstream Rolls Out a Bitcoin Lightning Node for N00bs
The startup says its new Greenlight service lets users maintain complete control over their BTC while setting up a node on its cloud infrastructure.
What’s Next for Bitcoin as It Heads for Lowest Weekly Close Since June
Bitcoin is headed for its lowest weekly close since June 14 and remains in a lull into the weekend.
Las Vegas Strip Club Now Accepts Bitcoin Payments Over the Lightning Network
The club is accepting bitcoin payments only for bottle service, but plans to expand transactions to food, admission and tips.
