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Tag Archives: Lightning Network

Lightning Network Mainnet Goes Live on iOS, Android

Jun 20, 2019

Olusegun Ogundeji

The mainnet alpha of the Lightning Mobile App for iOS and Android, the first on all major platforms, has been released. The Bitcoin mainnet in alpha release, for iOS (on Testflight) and Android (on Google Play), is set to  complement the recently launched Lightning App on desk...

Concerns as Lightning Network Capacity Drops

Jun 8, 2019

Olusegun Ogundeji

The Lightning Network (LN) capacity dropped recently according to latest figures from 1ML which monitors and provides relevant analysis about the 'Layer 2' payment protocol. The capacity which has passed the 1000 BTC mark back in March now sits around 951 BTC (as at this writing...

SegWit: Unconfirmed Transactions Rise With Bitcoin Price Again

May 19, 2019

Olusegun Ogundeji

It's that time again: the price of Bitcoin is rising and many coins are moving from one point to another. It's causing unconfirmed transactions to surge too. Not indeed a bad thing though it only slows down transactions for those who do not set higher fees. But it is a reminder on the need for ...

We Need a Lightning Network Logo! Contribute Your Cool Design

Apr 8, 2019

lylian Teng

The 2018 crypto market was volatile enough to cause serious anxiety among even its most resilient supporters. Despite the sluggish market, the bearish sentiment has not hampered the development of technology, particularly the lightning network. In stark contrast, the year 2018 has witnessed the l...

Bitcoin at $5000: What Has Changed Since 2017

Apr 4, 2019

Olusegun Ogundeji

Bitcoin has crossed the $5000 price range again (after its first reach in 2017) following a sudden breakout on April 2. Its unfolding price scenario would not be immediately considered or ruled out as a repeat of 2017. However, as the market reaction seems to be positive so far (at $5,214 at...

Former Mt. Gox Exchange CEO Gets Prison Sentence

Mar 16, 2019

Olusegun Ogundeji

After going on for about five years, a Japanese court has on Friday March 15 sentenced the former head of Mt. Gox cryptocurrency exchange to a two-and-half-year suspended term in prison. Mark Karpelès, a French national, was found guilty of falsifying records while he presided over th...

Chinese Players Absent in Lightning Network – Here’s Why

Mar 14, 2019

ChloeJiang

Mar 9, China-based digital wallet operator Hoo.com has launched a lightning network (LN) wallet. It is also the first Bitcoin lightning network wallet application in China. This initiative triggers the thinking of why the LN applications are so rare in China. According to the 1M...