Lightning Network

Bitcoin network has officially surpassed one billion processed transactions. According to data published on Clark Moody Bitcoin, one billionth transaction was processed in block 842,241 at 9:34 pm UTC on May 5.  This achievement comes exactly 15 years, four months, and four days after the pseudonymous founder, Satoshi Nakamoto, mined Bitcoin’s first block on Jan. […]

In an interview with CNBC on Sept. 11, David Marcus, the ex-PayPal executive and co-founder of the Bitcoin Lightning-focused payment service Lightspark, said he believes Bitcoin’s Lightning Network could simplify sending money across jurisdictions.  The lightning network aims to make Bitcoin transactions cheaper, faster, and more practical for small payments. It processes Bitcoin transactions independently […]

Binance announced the successful integration of Bitcoin over the Lightning Network (LN). Binance customers can now deposit Bitcoin into their accounts and withdraw it using the scaling technology. The Lightning Network of Bitcoin allows for faster, cheaper, and highly scalable transactions. This enables users to establish non-blockchain transaction routes. People can use the integration to […]