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Posts Tagged ‘Network’

Bitcoin Tips Now Available on Twitter via Lightning Network

A new Chrome and Firefox browser extension is has enabled Bitcoin (BTC) tipping on Twitter via the Lightning Network.  Tippin.me uses Bitcoin’s second-layer scaling solution, the Lightning Network, to make tipping almost instantaneous and with incredibly low fees of fractions of a cent. The project was created by Sergio Abril and is still in development.…

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Major Omani Bank Joins RippleNet Cross-Border Payment Network

Oman’s second largest bank by market value, BankDhofar, has begun using RippleNet technology for cross-border payments to India. The news was tweeted by the managing director of South Asia and MENA at Ripple, Navin Gupta, on Feb. 16. RippleNet is a global blockchain-based payment network of institutional payment providers, that was developed by technology company…

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Top 5 Cities Embracing Bitcoin’s Lightning Network

Bitcoin’s Lightning Network implementation is going from strength to strength, but statistics about its growth make for interesting reading. 2019’s Big Bitcoin Trend Bitcoinist regularly reports on Lightning’s progress, with the ecosystem now breaking new records on a weekly basis. As a technology which is still very much in its earliest phases, however, what does…

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Japan’s Biggest Bank Launching Blockchain Payments Network in 2020

Mitsubishi UFJ Financial Group (MUFG) – Japan’s largest financial group and the world’s fifth largest bank by assets – is launching a blockchain-based payments network next year. The firm announced Tuesday that it has formed a joint venture with U.S.-based fintech firm Akamai Technologies to develop the platform “by the first half of 2020.” Called…

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Bitcoin Lightning Network Hits 6,000 Nodes After Week Of Twitter Spotlight

Bitcoin’s mainnet Lightning Network implementation has hit new records across the board as its rapid growth continues in 2019. 6,000 Nodes, $2.4 Million Capacity Data from monitoring resource 1ML.com confirms that the number of active nodes, channels and overall transaction capacity of Lightning are all now higher than ever in its thirteen-month history. The increase…

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Lightning Network Beats Apple Pay in Merchant Onboarding, New Study Finds

Lightning Network is only a few seconds slower than the best (centralized) digital payment solutions on the market such as Apple Pay, and is actually “days faster” when it comes to onboarding merchants, according to researcher JP Thor. How Do Lightning Payments Compare to Debit Cards? Taking the challenge laid down by Anothony Pomplian, Thor…

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Bitcoiners Call For Elon Musk to Accept the Lightning Network Torch

Participants in the ongoing Lightning Torch Bitcoin transaction relay have turned their attention to involving Tesla CEO Elon Musk after Twitter’s Jack Dorsey joined this week. First Dorsey, Now Musk? Lightning Torch, which involves users of Bitcoin’s Lightning Network implementation sending a transaction between themselves, increasing its value with each stop, has gained a loyal…

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Developers Behind Ethereum App Aragon Weigh Launching a Second Network on Polkadot

Developers behind ethereum decentralized application (dapp) Aragon are considering building a second network on the blockchain interoperability protocol known as Polkadot. While Swiss company Aragon One AG stressed that it still intends to support launch of the Aragon Network on the ethereum blockchain this year, cofounder of the project Jorge Izquierdo revealed this week that they…

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Bitcoin Obituaries ‘Graveyard’ – Pay Your Respects via Lightning Network

Bitcoin users can now fight the naysayers and expand their knowledge of the Lightning Network – by purchasing flowers to leave at the ‘Bitcoin Graveyard.’ Bitcoin Obituaries 2.0 A project from cryptocurrency education platform Niffler.co, the Graveyard takes a popular talking point, the Bitcoin obituary, one step further, providing an actual place of rest for…

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A New Test Network Just Activated and Ethereum 2.0 Will Be Using It

A highly anticipated upgrade to ethereum is gearing up for its first dry run, and the test network of choice will be an unfamiliar name to many. Launched today, the Görli blockchain will be the proving ground for Prysm, software created by Prysmatic Labs that will feature the first of three phases of deployment of the upgrade, often…

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