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Tag: micropayments

Research Suggests Lightning Network Falters to Process Large Amounts, Protocol Founder Fights Back

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

Research Suggests Lightning Network Falters to Process Large Amounts, Protocol Founder Fights Back

The Lightning Network (LN) protocol was extremely well-received by members of the cryptocurrency community after its release in January 2018 and was touted to massively improve Bitcoin’s transactional speeds and the efficiency of processing micropayments. However, research suggests the protocol falters in processing larger payments. Lightning But not Huge? As per a report by Diar, a cryptocurrency research vehicle on…

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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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Bitcoin’s Lightning Network Gets its First LApp from Blockstream: FileBazaar

Category: Bitcoin, Blockchain, Business, News, Tech

Bitcoin’s Lightning Network Gets its First LApp from Blockstream: FileBazaar

Blockstream released the first of their Lightning Apps (LApps) on March 22, as part of their seven days of LApps, with six more planned to be unveiled every day until March 28. By using bitcoin, you will be able to buy and sell digital files with micropayments on the Lightning Network. FileBazaar Builds on Lightning Charge The Lightning Network is…

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Cardano Review

Category: Altcoins, Cryptocyclopedia, News, Tech

Cardano Review

When analyzing any coin in the crypto ecosystem, it’s always important to first get a better understanding of the coin’s backstory and inception. So, before we can go into any detail about Cardano, its token currency ($ADA), purpose or anything, we will provide a brief overview of the founder’s background and his specific affiliation with cryptocurrency. Charles Hoskinson Currently, Charles…

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Air: A Secure Digital System for Enhanced Identity Management

Category: Blockchain, Business, News, Tech

Air: A Secure Digital System for Enhanced Identity Management

Blockchain technology is progressively becoming the Holy Grail for disruption throughout many industries. From new financial applications up to new ways of managing and distributing charity funds, the technology underpinning Bitcoin is making its way into everyday life. Currently, there are a lot of projects in development; some are more concerned with the financial application and the creation the so…

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Synereo Launches First ‘Attention Economy’ App Qrator

Category: Altcoins, Blockchain, Entertainment, Interviews, News

Synereo Launches First ‘Attention Economy’ App Qrator

Blockchain startup Synereo announced that is has launched its first app for the “attention economy” called Qrator. Qrator allows individuals to get rewarded for creating digital content and enables curators to be paid for spreading quality content online. Synereo is a Tel Aviv-based startup that was founded in 2014 by Dor Konforty with the aim to develop an entirely decentralized…

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Kim DotCom Aims to Bring Bitcoin to the Masses via BitCache and MegaUpload 2.0

Category: Bitcoin, Entertainment, News, Tech

Kim DotCom Aims to Bring Bitcoin to the Masses via BitCache and MegaUpload 2.0

Eccentric Internet entrepreneur Kim Dotcom gave his Twitter followers a first look at his new file-sharing platform that will allow users to charge a small amount of money for their uploaded for which they will receive bitcoin micropayments as payment when it is viewed. While New Zealand-based Kim Dotcom is still facing extradition to the U.S. for running the illegal…

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Decentralized Data Storage Platform Storj Migrates to Ethereum Network From Bitcoin

Category: Blockchain, Business, Ethereum, News

Decentralized Data Storage Platform Storj Migrates to Ethereum Network From Bitcoin

Storj, the open-source distributed cloud storage platform, officially migrated from the bitcoin-based Counterparty protocol to the Ethereum network on March 23. Bitcoin browser Brave is also looking to the Ethereum blockchain to add value to its offering. Storj is a protocol which operates as a decentralized data storage platform wherein users can store information within a secure ecosystem. Previously, Storj…

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MegaUpload 2.0 and BitCache Potentially Delayed For 11 Months

Category: Bitcoin, Business, News

MegaUpload 2.0 and BitCache Potentially Delayed For 11 Months

Tech entrepreneur and Internet activist Kim Dotcom delays Megaupload 2.0 as well as Bitcache, a supposed off-chain micropayment system utilizing the Bitcoin blockchain. Renowned Internet activist and tech entrepreneur Kim Dotcom has appeared multiple times in the public spotlight. He initially gained attention when his Internet creation Mega, an anonymous file-sharing service, was taken down by the United States government,…

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Can Lightning Enable Micropayments in Other Cryptocurrencies?

Category: Altcoins, Bitcoin, Commentary, News

Can Lightning Enable Micropayments in Other Cryptocurrencies?

The Lightning Network, better known as Lightning, is a unique scalability solution eagerly anticipated by the Bitcoin community and industry. Toward the end of 2016, experts including Andreas Antonopoulos and Litecoin creator Charlie Lee introduced the concept of implementing Lightning in other cryptocurrencies apart from bitcoin. Lightning is essentially a smart contract project that was first submitted by Joseph Poon…

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