#Lightning Network

Christian Decker is one of the true Bitcoin veterans and the first person in the world to get a Bitcoin related PhD. Today the Switzerland-born engineer is one of the leading developers at Blockstream working on Lightning Network specifications and C-Lightning implementation. In an exclusive interview with TheCryptoSutra, Christian Decker tells how he came to […]

Blockstream’s engineering team has announced the release of v0.7 c-lightning, the company’s implementation of Lightning Network protocol.

TheCryptoSutra is happy to announce that our own Lighting node is now live and running. The setup has been completed and the node can be found at ln.thecryptosutra.com.

Blockchain technology firm Bitfury has announced the release of a comprehensive suite of products designed to make the use of Lightning Network easier for vendors and consumers.

According to data provided by Blockchain. com, over $410 billion was transacted in Bitcoin (BTC) in 2018, averaging over $13,000 per second.

Blockchain technology firm Blockstream has expanded its Bitcoin satellite service to the Asia-Pacific region. The company also added support for Lightning Network transactions, which will allow users to pay for its service using the second layer scaling solution as soon as in January 2019.

Bitrefill was one of the first companies to embrace Lightning Network for its mobile phone top-up service, however, as CEO Sergej Kotliar admits, the technology has its own tradeoffs and shouldn’t be considered “the entire solution of all the scaling problems forever.”

Sweden-based bitcoin startup Bitrefill focused on topping up mobile phone accounts and selling gift cards has garnered some attention from the community in the recent months after implementing some innovative solutions.

A team of coders from Imperial College London and Cornell University has come up with a brand new solution for bitcoin network scalability, which uses trusted execution environment in the components of secure hardware.

Bitcoin’s blocksize debate is about the technical contradiction between the speed of transactions and the network’s centralization. One of the parties, which we may conventionally dub “entrepreneurs”, is interested in the network’s scaling, while the other party, the so called “idealists”, is resisting further centralization. Each of these parties has its arguments, but is there […]

Decentralized social network Yours is closing in on its launch. Currently, the team gives away invites to anyone who had provided their e-mail on the project’s landing page. The invites will be distributed within the next few weeks, however, it’s still unknown whether there’s a limited number thereof.

BitFury Group published a whitepaper describing Lightning Network’s protocol routing as applied to micropayments in Bitcoin network. The proposal is a hybrid routing algorithm incorporating two phases: proactive update of routing scheme, which stores network topology data; and subsequent active data collection if Lightning Network sends a request. “Flare will allow for huge scalability of […]