Lightning Network -- the dominantly espoused layer-two scaling solution for bitcoin -- is still very much so a work in progress. Nevertheless, the experimental network has hit the notable 1,000 node milestone, a development that will have supporters hopeful for the future and detractors as entrenched as ever. Also see: Dutch Finance Minister Proposes ICO Regulation to … [Read more...] about Bitcoin Scaling: Lightning Network Hits 1,000 Node Milestone
Bitcoin scalability
CoinPoint Holds Big Bitcoin Cash Party in London
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Bitcoin Press Release: CoinPoint rocked the night away during their successful Bitcoin Cash Party at Tapa Tapa Bar near Excel Conference Centre in London last February 8th, 2018. Dr. Craig Wright of nChain and English professional snooker player Ronnie O’Sullivan joined the party, along with nearly 200 attendees composed of gaming executives and crypto industry leaders from … [Read more...] about CoinPoint Holds Big Bitcoin Cash Party in London
New Age: Bitcoin Experiences First Sustained Period of SegWit Dominance
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Today, in the early hours of the February 28th, there was an 11 block (roughly 2 hour) period where each bitcoin block mined had more SegWit transactions than not. This event marks an inflection point for the original cryptocurrency, signaling the start of general SegWit use and acceptance on the network. Also see: The Craig Wright Bitcoin Suit Is Baseless, According to … [Read more...] about New Age: Bitcoin Experiences First Sustained Period of SegWit Dominance
Bitcoin Scalability Won’t Solve Anything, Here’s Why
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The Bitcoin scalability debate. It has plagued the community for years, and has resulted in two versions of the coin, each with its own groups of supporters warring with each other on social media. Both have the same goal in mind: making Bitcoin scalable enough to take over the world without giving up too much decentralization. However, neither side’s solution will work -- and … [Read more...] about Bitcoin Scalability Won’t Solve Anything, Here’s Why
The Future of Bitcoin? Green Energy + Lightning Network
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The most biting critiques against bitcoin currently pertain to its scalability issues and the astonishing amount of electricity it takes to the secure the cryptocurrency's network. These critiques will fall by the wayside as the Lightning Network and green energy mining come into their own together. Also see: Comedian Ellen DeGeneres Welcomes Bitcoin to the … [Read more...] about The Future of Bitcoin? Green Energy + Lightning Network
