Twitter CEO Jack Dorsey Engages in Bitcoin Lightning Network ‘Torch’ Experiment

2019-2-7 19:20

Jack Dorsey has taken part in a ceremonial usage of Lightning Network “for the laughs. ” The idea mimics the Olympic torch. Participants pass microscopic amounts of Bitcoin around the Lightning Network, using Lightning-enabled wallets to generate and pay invoices.

Dubbed the #LNTrustChain, the experiment demonstrates that Ligthning Network can send tiny amounts of Bitcoin. Each participant receives the full amount of the torch and adds 10 Satoshi to it. They then pick another person and the “trust chain” gets longer. The experiment even has a website. The first transaction was for 100 Satoshi. By the time it got to Dorsey,

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Bitcoin is the Only Crypto Asset for Twitter’s Jack Dorsey as He Uses BTC’s Lightning Network

A recent initiative was launched by a pseudonymous Twitter user, promoting the reach and functionality of the Lightning Network with an experiment called the “lightning torch.” Each person in the lineup is meant to send the accumulated amount to someone else that they think will pass on the BTC. One of the most recent recipients […]

2019-2-6 08:11


South Korea Is Trialing Blockchain Voting — Here’s What That Means

South Korea will test out a new blockchain voting system this month, sources close to the developments have confirmed to Bitcoin Magazine. Developed by the country’s National Election Commission (NEC) and its Ministry of Science and ICT, the distributed ledger system is based on IBM’s Hyperledger Fabric and will be used to authenticate voters and save voting results in real time.

2018-12-4 21:41


SWIFT Partners With MonetaGO to Bring Blockchain to Indian Banking System

SWIFT has announced a pilot program in partnership with MonetaGo to explore distributed ledger technology in its financial messaging service. The company’s Indian subsidiary will experiment the technology with local customers banks which will use a shared distributed ledger network designed to improve the efficiency and security of their products and procedures as well as to meet.

2018-11-22 12:00


Ôîòî:

An Australian Blockchain Experiment: Tracking Global Almond Shipments

Following a successful 2016 trial of blockchain technology in an interbank open account transaction, the Commonwealth Bank of Australia (CBA) has partnered with five international and Australian companies to ship 17 tonnes of almonds from Melbourne, Australia, to Hamburg, Germany, using a new distributed ledger platform built on the Ethereum blockchain.

2018-7-31 23:13