Lightning Labs Adds Multi-Asset Support To LND With Taro
The race to add stablecoin support to the Lightning Network continues on multiple fronts. We’ve seen proposals such as CFD backed stable values, porting Liquid Assets from the Liquid Network to Core Lightning, Omnibolt used to move Omni-assets on Lightning and the proposal of using balanced channels with the help of DLCs. Each method has […]
What Is Eltoo?
The Lightning Network is by far the most popular second layer scaling solution for bitcoin. Not without good reason, it offers users the ability to move small amounts of satoshis around for next to no cost with instant settlement making daily purchases practical, as well as options like streaming funds. The Lightning Network unlocks a […]
What Is A Bitcoin Improvement Proposal (BIP)
Bitcoin is a multi-layered system of physical hardware, energy expenditure, database management, and governance, and it’s all managed through code. Code that everyone running a node has to agree on while having programmable money provides us with loads of options. It has to be used sparingly. Shitcoiners have taken the opposite bet and think that […]
What Are Bitcoin Whisper Addresses?
The bitcoin blockchain’s pseudo-anonymous nature and how we move between fiat on-ramps or off-ramps or link public addresses to online identities can make it hard to maintain privacy when using the chain. We’ve seen how these privacy limitations can affect the ability of bitcoin to reach specific people or causes. As governments and financial institutions […]
What Is A Dual Funded Lightning Channel?
Scaling bitcoin in layers comes with a host of new issues that need to be tackled since you’re establishing new environments and bridges between them. The Lightning Network has been the most popular implementation of these second-layer solutions. It offers fast and instant settlement between parties on the network, making it ideal for daily payments, […]
What Is LN-URL And How Does It Work?
The Lightning network has become an integral part of any bitcoiners growing arsenal. As its popularity grows and more bitcoin is locked in payment channels, it could be critical to the future of bitcoin. If you’ve ever played around with a Lightning-enabled wallet or used a Lightning-enabled App (Lapp), you’ve probably noticed it’s still pretty […]
What Are Bitcoin Submarine Swaps?
As bitcoin scales in layers, it provides new solutions for developers and consumers. It also offers new and exciting challenges to close the gap between layers and abstract away complexity. One issue between lightning and the base chain is getting funds in and out of the two environments without having to open and close channels. One […]
The Safety Of Scaling Bitcoin In Layers
The scaling debate around blockchain technology continues. As long as bitcoin’s scaling solutions have not integrated into wallets, exchanges and applications, there’s an opening for altcoins to claim they’ve solved the problem. If you hang around the bitcoin space long enough, you’ll probably be exposed to some of its scaling critiques; it’s too slow, it […]
How Long Does A Bitcoin Transaction Take?
Making a bitcoin transaction for the first or one-hundredth time can be a never wrecking experience. Once your bitcoin is out in the ether, that is the mempool; waiting for those confirmations can rattle anyone. Your mind starts to wonder, did I use the correct address, did I set the proper fee, is the node […]
What Is Check Template Verify?
Bitcoin gets a fair amount of stick for “not innovating” fast enough and that these other cryptocurrencies are racing ahead by improving their technology. When you focus only on the technology, you tend to allocate resources to all sorts of ideas and features. Many of which aren’t necessary and offer very little to the network, […]