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Bitcoin Is Bad for Payments, But Lightning Solves This: Samson Mow

News Blockstream Chief Strategy Officer (CSO) Samson Mow says Bitcoin (BTC) is bad for payments but the Lightning Network solves this. Mow — who is also a co-founder of formerly top cryptocurrency exchange BTCC — made his remarks in an interview for SFOX blog on Aug. 15. Lightning changes the whol..

Blockstream Unveils Bitcoin Mining Center as Hash Rate Surges

Blockstream, by many measures, is one of the most important companies to the Bitcoin and broader cryptocurrency ecosystem. The San Francisco-based company, which was founded by the creator of the Proof of Work system that Bitcoin leverages, has found itself involved in some of the industry’s most i..

Blockstream Bitcoin Mining Services Aim To Enhance Decentralization

Blockstream yesterday announced a brace of new Bitcoin mining services, with an eye firmly on network decentralization. Blockstream Mining is a co-location and hosting service housed in two huge new data-centers, while Blockstream Pool is the world’s first mining pool to use the BetterHash protocol...

What Are Sidechains? Extending & Providing Extra Functionality to Existing Blockchains

Sidechains are an essential innovation in the blockchain field with some interesting long-term implications and effects on the broader interoperability and scalability of blockchain networks. They are effectively extensions of existing blockchains that increase their functionality and allow for vali..

Was Tether the Unknown Bitcoin Whale Behind Monday’s $2.27 Billion Transfer?

The massive $2.27 billion bitcoin transfer that occurred on Monday has led to the emergence of fanciful theories that Tether might be creating a private dark pool for future USDT issuance. The Facts: Bitcoin Whale Moves $2.27 Billion in Six Hours Monday (July 29, 2019) turned out to be an eventful ..

Tether Live on Liquid Network as Judge Postpones Verdict on NYAG — Bitfinex Case

Blockstream has announced the launch of Tether (USDT) support on the Liquid Network. This news comes amid a flurry of features being added to the company’s flagship project. Meanwhile, the New York Supreme Court has postponed hearing on the case between the state’s Attorney General’s office (NYAG) ..

Ethereum’s Wrapped Bitcoin Set to Eclipse Lightning Network Capacity

Since the project launched a little over six months ago, Wrapped Bitcoin (WBTC) has roughly $5.9 million or 558 BTC locked into the system. At the rate WBTC’s token contract is climbing, the project is close to surpassing the Lightning Network’s capacity in the near future. Also read: The ”Wrapped ..

Blockstream Announces New Lightning Network Upgrade

Blockstream announced the v0.7.1 release of C-lightning. This version is one of the several technological improvements intended to make Bitcoin lightning network transactions cheaper, faster, and safer. C-Lightning To Run Faster Synchronizations While Reducing Bandwith Consumption Bitcoin and its u..

Lightning Network’s Antifraud Methods Inferior to Nakamoto Consensus, Research Shows

The Lightning Network, the touted scaling solution for the BTC chain, has recently seen its capacity decrease significantly and the beta project is still best suited for a cliche of technically savvy users. Now according to an analysis by Bitmex Research, the Lightning Network’s nodes have taken 2.2..

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