Lightning Network


Tech

Bitcoin Messenger Explores Censorship Resistance During Coronavirus Crisis

A new bitcoin privacy technology was born this week, using the Lightning Network and inspired by the politics of the COVID-19 crisis.

MASKS ON: Juggernaut, a new messaging experiment, uses the censorship-resistance of the Bitcoin network. (Credit: Shutterstock)

Tech

Researchers Surface Privacy Vulnerabilities in Bitcoin Lightning Network Payments

Privacy holes in the Lightning Network, a bitcoin transaction settlement layer, are leaking payment information.

FLASH: Balances on the Lightning Network can be revealed by relatively straightforward cyberattacks, researchers say. (Credit: Shutterstock)

Finance

Cannabis Shops Are Using Zap's Lightning App During Coronavirus Cash Crunch

The Lightning Network startup now offers fiat-friendly bitcoin payment tools. Cannabis dispensaries in Colorado are an early proving ground.

Zap founder Jack Mallers speaks at the 2019 Lightning Conference in Berlin. (Photo by Will Foxley for CoinDesk)

Finance

Bitcoin's Lightning Becomes Latest Protocol to Court Publishers With Micropayments

With paywall systems for a whole bevy of assets, crypto payments could revolutionize the media industry – if demand actually matched supply.

Lightning Labs co-founder Olaoluwa Osuntokun at the 2019 Lightning Conference in Berlin.

Tech

How to Protect Bitcoin for Your Heirs With the Push of a 'Dead Man's Button'

What happens to your bitcoin after you die? Lightning developers think a "dead man's button" could be a new tool to passing your crypto to your heirs.

If a "dead man's button" isn't pressed one week, it is assumed the user is dead and the service automatically dispenses a "secret," which heirs can use to retrieve the crypto.

(Image via Library of Congress.)

Tech

Bitcoin's Lightning Network Is Growing 'Increasingly Centralized,' Researchers Find

Bitcoin's lightning network is growing "increasingly centralized," making it more susceptible to attacks, asserts a new paper by security researchers.

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Tech

Top Bitcoin Developers Face Off in a Lightning-Powered Boxing Match

The esports smackdown was meant to highlight the power of bitcoin's lightning network – since the cutting-edge payments system is fast, cheap and lets users send tiny payments, even a fraction of a cent.

LIGHTNING STRIKE: The two devs duked it out in a digital boxing match. (Photo courtesy of Michael Folkson)

Finance

Plasma Became Optimism and It Might Just Save Ethereum

The Plasma Group reformed as Optimism and is working to make ethereum's calling card, smart contracts, work above the base layer.

Optimism co-founder Jinglan Wang

Finance

Lightning Labs Raises $10M Series A to Be the 'Visa' of Bitcoin

Lightning Labs has raised $10 million in Series A financing as it gears up to launch its first paid service for merchants accepting bitcoin payments.

Elizabeth Stark speaks at the 2019 Blockstack Summit in San Francisco. (Credit: Gary Sexton / Blockstack Summit)

Finance

Zap's New Product Lets Merchants Take Dollars Over Lightning Network

"Merchants can accept bitcoin and lightning payments with the same infrastructure, except they never touch the asset," explained Zap founder Jack Mallers.

Zap founder Jack Mallers speaks at the 2019 Lightning Conference in Berlin. (Will Foxley/CoinDesk archives)