Lightning Network

Bitcoin’s Lightning Network Is Shriveling Due to Terrible Incentives

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By CCN Markets: Usage of Bitcoin’s Lightning Network underwent a sizeable decline in 2019. According to data from BitcoinVisuals, 23% of Lightning Network payment channels closed down in the past five months alone. Meanwhile, the amount of Bitcoin locked up on the network for use in making payments fell 22% in the same time period. […]

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‘Bitcoin Jesus’ Roger Ver Epically Trolls Lightning Shills

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“Lightning fast” may eventually be a trademarked term for some crypto payments company or another, but “Bitcoin Jesus” Roger Ver used the phrase to hard-troll fans of the Lightning Network. Guerilla Marketing by Bitcoin’s Favorite Jesus Turned Judas Saying “Bitcoin Cash is lightning fast” and posting a video where a transaction is “completed” within 15 […]

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Bitcoin’s Use Case for Payments Strengthens with Lightning-Powered App

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Fed Chairman Jerome Powell believes that bitcoin’s primary use case is as a store of value, not payments. He said yesterday, “almost no one uses bitcoin for payments.” That could be about to change. The Chairman of United States central bank when asked about Bitcoin: “They use it as a store of value…like Gold….that’s not […]

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Next Bitcoin Bull Run Will See Crypto Market Rise ‘10x’: Pantera CIO

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The co-chief investment officer of one the cryptocurrency industry’s largest investment firms said that he expects the next bitcoin bull run to carry the cryptocurrency market cap 1,000 percent above its current valuation. Pantera Capital’s Joey Krug m…