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

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

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-t…

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A New Bitcoin Scaling Solution: Better Infrastructure For Micropayments

A New Bitcoin Scaling Solution: Better Infrastructure For Micropayments

Over the past two years, the majority of bitcoin developers in both the open-source development community and private sector have advocated for the integration of second-layer payment channels like Lightning, to enable micropayments or small transactio…

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Path Towards Better Privacy in Bitcoin Becomes Clearer, But Will Still Take Time

Path Towards Better Privacy in Bitcoin Becomes Clearer, But Will Still Take Time

While bitcoin is often referred to as an anonymous online currency that is used by criminals on the dark web, the reality is that the P2P digital cash system does not offer much privacy to its users at all. Many blockchain analytics companies have popp…

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Path Towards Better Privacy in Bitcoin Becomes Clearer, But Will Still Take Time

Path Towards Better Privacy in Bitcoin Becomes Clearer, But Will Still Take Time

While bitcoin is often referred to as an anonymous online currency that is used by criminals on the dark web, the reality is that the P2P digital cash system does not offer much privacy to its users at all. Many blockchain analytics companies have popp…

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How Bitcoin’s Lightning Network Can Be Used as a Decentralized Betting Platform

How Bitcoin’s Lightning Network Can Be Used as a Decentralized Betting Platform

One of the more interesting presentations at the Scaling Bitcoin workshop at Stanford University over the weekend was MIT Digital Currency Initiative Research Scientist Tadge Dryja’s talk on discreet log contracts. Through this type of smart-contractin…

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Bitcoin Fees are Rapidly Decreasing With SegWit

Bitcoin Fees are Rapidly Decreasing With SegWit

Bitcoin fees are rapidly decreasing due to the integration of the Segregated Witness (SegWit) by leading wallet providers. According to the blockchain analysis platform OXT, less than 10 percent of current bitcoin transactions are SegWit-enabled. Which means, only a small portion of users are experiencing lower fees and reduction in transaction size. But, despite the gradual […]

This post Bitcoin Fees are Rapidly Decreasing With SegWit first appeared on Coinjournal.

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$44 Million in Ethereum Moved With $0.13 Fee, How Can Bitcoin Reach Similar Scalability?

$44 Million in Ethereum Moved With $0.13 Fee, How Can Bitcoin Reach Similar Scalability?

Bitcoin fees have significantly decreased over the past few months, especially since the lock-in of the Bitcoin Core development team’s scaling solution and transaction malleability fix Segregated Witness (SegWit) and the proposal of SegWit2x. Leading bitcoin wallet platforms including Blockchain, the second largest non-custodial bitcoin wallet application behind Coinbase, currently recommends a $0.88 fee for […]

This post $44 Million in Ethereum Moved With $0.13 Fee, How Can Bitcoin Reach Similar Scalability? first appeared on Coinjournal.

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Bitcoin Price Continues to Rise in Spite of Increased Competition

Bitcoin Price Continues to Rise in Spite of Increased Competition

During the recent Blockstack Summit 2017 event, there was a panel discussion on the usefulness of digital currencies, such as bitcoin, for payments. The panel featured 21 CEO Balaji Srinivasan, Lightning Labs co-founder Elizabeth Stark, and Yours CEO Ryan X. Charles. Additionally, Adamant Research Editor in Chief Tuur Demeester moderated the discussion. In addition to […]

This post Bitcoin Price Continues to Rise in Spite of Increased Competition first appeared on Coinjournal.

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Early Stage Investor Talks Bitcoin’s Scalability & Long-Term Vision

Early Stage Investor Talks Bitcoin’s Scalability & Long-Term Vision

It’s taken the Bitcoin industry years to reach an agreement on how to best scale Bitcoin and begin the process of activating Segregated Witness, a solution which was originally proposed in December 2015. Despite extensive analysis from experts including Blockstack co-founder Ryan Shea which proved SegWit to be a secure and practical solution which solves […]

This post Early Stage Investor Talks Bitcoin’s Scalability & Long-Term Vision first appeared on Coinjournal.

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