Blockstream’s “c-lightning” team announced their latest update to their version of the lightning network protocol through a blog post on December 18th and there have been a lot of interesting changes. As noted by the developers, three significant changes make this update so interesting. For starters, any new lightning network nodes will be…
Throughout its ten year history, Bitcoin has experienced the greatest level of volatility of any asset ever created. It has endured significant challenges and setbacks, yet remarkably has remained by far the most valuable and significant cryptocurrency. As the general crypto market recovers, Bitcoin now finds itself in a strange position. Across the globe, there…
Cryptocurrency adoption is now moving in many directions as developers continue to explore use cases for blockchain technology. Nevertheless, its most important function will likely remain as a decentralized digital asset. As more people across the globe seek to use crypto for purchases, point of sale technology (POS) will increasingly be the bridge that enables…
The Bitcoin price recovery that began in April has flatlined, with the price remaining around USD $10,000 for most of this month. Although Bitcoin remains firmly in the top position in terms of market value, its status as the flagship cryptocurrency continues to face challenges. The current state of affairs within the blockchain space reflects…
This article explores the current state of the Lightning Network and the categories/industries which have adopted the second layer technology. They are pioneers breaking new ground and testing out a very important improvement and a potential solution to the Bitcoin scalability issue.
The scaling debate is, without question, one of the most contentious issues in the blockchain space. When it reached its boiling point in August 2017, Bitcoin adopted Segregated Witness (SegWit), opening the door to the creation of the Lightning Network (LN). Now active, this second-layer protocol promises the ability for Bitcoin to processes many thousands…
In August, 2017 the Bitcoin scaling debate reached its zenith when opponents of Segregated Witness (SegWit) forked the main chain to create Bitcoin Cash. Supporters of the two cryptocurrencies have since sought to discredit each other in what has been by-far the most vocal turf war in the crypto space. Nevertheless, although there is still…
Excitement among Bitcoin advocates continues to build as the flagship cryptocurrency has moved past $10,000 and is showing no sign of a significant correction. Not surprisingly, press coverage is increasing as is interest from a wide range of investors. Much of the data surrounding Bitcoin use indicates an overall resurgence in adoption, yet this same…
Since its creation in 2011 Litecoin has successful held its status as a top altcoin, despite significant market volatility and competition from more advanced platforms. It has recently seen a significant resurgence in value, once again showing its strength and proving critics wrong. With a strong community and development team as well as solid name…
Although e-commerce has existed for twenty-five years, and makes up a substantial portion of the global economy, the ability to spend very small sums online remains an elusive challenge. Blockchain advocates have long pushed cryptocurrency as a solution to this problem, and now that claim is nearing reality. Advancements in scalability and reduction of fees…