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Vizag Fintech Festival • October 22-26, 2018

The Vizag Fintech Festival 2018 is poised to be the nation’s largest Financial Technology event. The week-long event will take place from…

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Tag: Lighting Network

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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Lightning Labs CEO Says We Are Entering A “Bitcoin, Not Blockchain, World”

Category: Bitcoin, Business, Finance, News, Tech

Lightning Labs CEO Says We Are Entering A “Bitcoin, Not Blockchain, World”

No matter which side of the fence one stands in the raging debate concerning the future of bitcoin, there is by and large a general consensus that the underlying technology that powers cryptocurrencies have brought along radical promises. Even the Wall Street and the traditional financial services sector worldwide agree on the point that blockchain is the most prominent positive…

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How Complex Bitcoin Politics Led to the Creation of Decred

Category: Altcoins, Bitcoin, Commentary, News

How Complex Bitcoin Politics Led to the Creation of Decred

On February 8, 2016, the cryptocurrency project Decred was launched. With the increasing number of altcoins entering the market, this was not an overly noteworthy event. However, following its entry into the cryptocurrency market, Decred was received very positively. Decred started trading at $0.95 upon launch but its value has been steadily increasing and it is now worth $50.48, only…

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