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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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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How Second-Layer Solutions Enable Private Transactions and Help Ethereum To Scale

How Second-Layer Solutions Enable Private Transactions and Help Ethereum To Scale

Since early 2017, the developers behind most leading public blockchain networks such as Bitcoin and Ethereum have begun to actively develop second-layer solutions mainly for scalability purposes. Most notably, in Bitcoin, the Bitcoin Core development t…

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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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Segregated Witness (SegWit) Locks In On Bitcoin

Segregated Witness (SegWit) Locks In On Bitcoin

Segregated Witness (SegWit), a software improvement to the Bitcoin network, has reached its lock-in threshold, now heading towards the two-week “grace period” before full activation. The upgrade reached the necessary threshold yesterday with a 100% of bitcoin mining pools signaling support for the proposal. The two-week waiting that follows will give users and mining pools […]

This post Segregated Witness (SegWit) Locks In On Bitcoin first appeared on Coinjournal.

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Litecoin bound for a new growth spurt

Litecoin bound for a new growth spurt

Dubbed “the digital silver,” Litecoin is a digital currency that can be described as Bitcoin’s younger sibling. But everyone dropped the “younger” part for a while on July 5 when the trade volume of LTC surpassed US$1 billion, leaving BTC in the rearview mirror for a moment. According to our forecast, the foreseeable future may find “the digital silver” trading at $65 per 1 Litecoin.

The post Litecoin bound for a new growth spurt appeared first on Crypto Insider – Bitcoin and Blockchain News.

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Developers are Utilising Ethereum For Video Games

Developers are Utilising Ethereum For Video Games

Immutability deriving from Bitcoin’s proof of work consensus protocol and its mining ecosystem has proven to be beneficial for a variety of applications including identity verification and data processing. Outside the traditional realm of finance, developers are beginning to utilize the immutable nature of blockchain technology to create a more transparent and fair gaming environment. […]

This post Developers are Utilising Ethereum For Video Games first appeared on Coinjournal.

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