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BlockchaINVEST • January 7 - March 11, 2019

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Tag: Lighting Network

Bitrefill Launches Thor Lighting Channel For Superfast Bitcoin Transactions

Category: Adoption, Bitcoin, Development, Tech

Bitrefill Launches Thor Lighting Channel For Superfast Bitcoin Transactions

Bitrefill, a California-based that facilitates crypto payments, has launched its Thor Lightning Channel, a service that allows people to transfer bitcoin speedily and receive superfast payments via Bitrefill’s node on the Lightning Network, according to the firm on January 9, 2019. Lightning Fast Transactions Now Possible Bitrefill has launched Thor, a service the firm says makes it possible for anyone…

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Crypto Artist Sells Smallest and Cheapest Work of Art Ever Through c-Lightning

Category: Bitcoin, Blockchain, Business, Finance, News, Platform, Tech

Crypto Artist Sells Smallest and Cheapest Work of Art Ever Through c-Lightning

An artist by the name of “crypto graffiti” has sold the smallest artwork in history in a “micro auction” to promote the c-Lightning micropayments system, the artist announced in a Reddit post on December 20, 2018. Smallest and Cheapest Work of Art in History Sold for Bitcoin Outside of the relatively enclosed community of the art world, it seems that…

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Bitcoin Drops Further as Much-Awaited Bitcoin ETF Is Pushed Down the Road: BTCManager’s Week in Review Dec 10

Category: Altcoins, Bitcoin, Blockchain, News, Platform, Tech

Bitcoin Drops Further as Much-Awaited Bitcoin ETF Is Pushed Down the Road: BTCManager’s Week in Review Dec 10

The price of bitcoin dropped by over 15 percent versus last week’s close after it became clear that the crypto markets will have to wait longer for a potential Bitcoin ETF to be approved in the U.S. “Crypto Mom” Provides Insights Hester Peirce, a commissioner of the SEC often referred to as “crypto mom” for her positive stance towards cryptocurrencies,…

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Bitcoin Transactions Get a Charge from the Lightning Network

Category: Adoption, Bitcoin, Blockchain, Development, Finance, News

Bitcoin Transactions Get a Charge from the Lightning Network

On September 5, 2018, the Lightning Network launched hoping to give Bitcoin adoption another charge. Lightning Network collaborated with payment processing startup CoinGate which is adding 4,000 merchants to the off-chain system CoinGate merchants can accept payments from the Lightning Network which include high-end watch brands like Chronoswiss, and Louis Chevrolet. CoinGate has also attracted online brands like the gaming…

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Sparkswap Promises to Combine Centralized and Decentralized Exchange Functionality

Category: Bitcoin, Blockchain, Cryptocyclopedia, Exchange, Guides, News

Sparkswap Promises to Combine Centralized and Decentralized Exchange Functionality

Litecoin creator Charlie Lee is a hard man to please, so when he endorses a crypto project, people generally sit up and take note. On August 2, 2018, he retweeted a tweet announcing the launch of Sparkswap, a revolutionary new method of trading crypto across blockchains with all the speed advantages of a centralized exchange, but without any of the…

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Lightning Network capacity increases by 10 Bitcoins, Maximum Capacity Now at 50 Bitcoin

Category: Bitcoin, Blockchain, News, Platform

Lightning Network capacity increases by 10 Bitcoins, Maximum Capacity Now at 50 Bitcoin

The Lightning Network has long been touted as a potential solution to the bitcoin scalability debate. It was widely believed that once the network went live, the number of transactions in the mempool would decrease by a significant amount. As of July 10, the capacity of the Lightning Network has increased to a whopping 50 BTC, equivalent to over $330,000….

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Lightning Network-Powered Pokemon Game Displays Ease of Processing Bitcoin Payments

Category: Bitcoin, Blockchain, News, Tech

Lightning Network-Powered Pokemon Game Displays Ease of Processing Bitcoin Payments

A blockchain developer has created a Pokemon-themed game running on the Lighting Network (LN) to prove its technical capability. Move over Kitties As per a TNW report on June 19, 2018, software engineer, João Almeida has created Poketoshi, a Lightning Network-based game merging Nintendo’s classic game with blockchain technology. While blockchains are touted as a disruptive advancement to take the…

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Lightning Network-based Satoshi’s Place Brings Art and Bitcoin Together

Category: Bitcoin, Business, News

Lightning Network-based Satoshi’s Place Brings Art and Bitcoin Together

Established by an unknown 21-year old enthusiast, Satoshi’s Place demonstrates the power of micro-transactions with the Lighting Network under the guise of an advertising space. Interestingly, the board resembles a graffiti wall instead of a marketing platform, additionally making for a source of entertainment. Lightning in an Advertising Bottle Satoshi’s Place proudly wears its influences on its sleeves, closely resembling…

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Bitcoin Candy Dispenser Reveals Sweet Future for Bitcoin Micropayments

Category: Bitcoin, Blockchain, News, Tech

Bitcoin Candy Dispenser Reveals Sweet Future for Bitcoin Micropayments

Since the price of bitcoin (BTC) hit the moon and earned global recognition, many have criticized the flagship cryptocurrency for its inability to process micropayments such as purchasing groceries or paying for chocolate at a neighborhood store. The Knezic Revolution However, a Swiss coder has proven all bitcoin pessimists wrong by developing a candy dispenser with BTC as its only…

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Microsoft Aims to Solve User Privacy Concern with a Bitcoin Blockchain-Backed User Data Repository

Category: Bitcoin, Blockchain, Business, Ethereum, News, Tech

Microsoft Aims to Solve User Privacy Concern with a Bitcoin Blockchain-Backed User Data Repository

On Wednesday, May 16, 2018, Microsoft took the stage at Consensus 2018 to showcase its flagship presentation, “Decentralized identity for a decentralized world.” The project aims to enable users to own and control their identity in a decentralized manner on a blockchain. Decentralized Tool to Enhance User Privacy Microsoft’s first notable announcement to create a decentralized digital identity came through…

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