THE LIGHTNING NETWORK EXPLAINED (LITECOIN/BITCOIN)

rspower (48)in #bitcoin • 7 years ago

Source: Franklyn [Litecoin]

Breaking News !

Offchain Solutions: The Lightning Network - CryptoSlate

CryptoSlate: When trading within the wallet, the transactions happen instantly. Users will still need to make an initial transaction from ... main blockchain to the LN wallet, but once it is there the transactions within that wallet will happen at lightning ...

Atomic Swaps: How the Lightning Network Extends to Altcoins - Bitcoin Magazine

Bitcoin Magazine: But altcoins that are forked from ... codebase — like Litecoin, Dogecoin or Zcash — are typically capable of hosting lightning networks as well. Other altcoins, as long as they include similar or more extensive scripting capabilities (like ...and more ...

Charlie Lee Wants to Test a New Solution for Bitcoin Fee Estimation on Litecoin - CoinJournal (blog)

CoinJournal (blog): Litecoin, which is an altcoin that has long been marketed as the “silver to ... gold”, was not the most difficult thing for creator Charlie Lee to launch. He simply took the Bitcoin Core codebase, changed a few parameters (such as the block time ...and more ...

Wallet Developers Express Security Concerns Over BitPay's ... - Bitcoin Magazine

Bitcoin Magazine: On December 14, 2017, BitPay announced a first step toward enforcing the payment protocol: All orders of the BitPay Card will require payments from Payment Protocol-compatible wallets, such as ... own wallet and a few others. This announcement ...and more ...

Paying $15 to Send $25 Has Bitcoin Users Rethinking Practicality - Bloomberg

Bloomberg: Even if the most promising solution, called Lightning Network, is implemented, fees could remain high as demand increases, said Charles. ... why he switched to bitcoin cash, which charges lower fees. Read more on the history of financial market ...and more ...

Litecoin & Atomic Swap Cross Trading – Easier Cheaper & Faster - OracleTimes

OracleTimes: There are several very substantial reasons why long-term Litecoin price prediction forecasts are looking very positive at the moment. Litecoin is making a significant impact on East Asian markets, especially in light of growing cryptocurrency exchange ...and more ...

Which Altcoins Are Implementing SegWit? - Bitcoin Magazine

Bitcoin Magazine: Segregated Witness (SegWit) — the proposed upgrade to the Bitcoin protocol developed by the Bitcoin Core developers — is still far from activation. Requiring 95 percent of hash power to signal support for the solution, miner-adoption has seemingly ...and more ...

Vertcoin Debuts Second to SegWit, Lightning, Price Up 50 Percent - CoinTelegraph

CoinTelegraph: Vertcoin has become the second cryptocurrency do deploy Lightning Network technology after its SegWit activation this weekend. In a series of tweets on Sunday, developers confirmed both enhancements had successfully begun, ... price spiking over ...and more ...

Commentary: You Should Wait for a Better Bitcoin Before Investing - Fortune

Fortune: Because the blockchain decentralizes the administration of the protocol (its greatest strength), you have to convince the majority of users (either miners or owners depending on the blockchain) to adopt your new protocol. You ... just push something ...

Litecoin hits a record high and is up nearly 1400 percent this year - CNBC

CNBC: Litecoin creator Charlie Lee recently explained that he sees the cryptocurrency as being a key player in payments, whereas bitcoin is more a store of value. "Bitcoin will always be the gold standard because bitcoin will have the strongest network, the ...

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