Bitcoin [BTC] Lightning Network payments now possible via Bitcoin ATM

2019-4-1 18:30

One of the major issues that the Bitcoin [BTC] network was facing for a long time is scalability. This was significantly improved by the introduction of Bitcoin’s Lightning Network. The Lightning Network gained momentum in the beginning of 2019 and according to recent reports, making Bitcoin payments with the help a Bitcoin ATM via the Lightning Network is now a possibility.

Felix Weis, a developer and researcher, conducted a Bitcoin transaction with the help of Lightning Network at a Bitcoin ATM, during the Lightning Hackday in Hong Kong.

Source: Twitter

After the transaction, Weis stated,

“Just a proof of concept ‘top up your existing channel’. Lots of bugs but two different mobile wallets worked fine.”

This recent development and further implementation of the Lightning Network validated its importance as Bitcoin Lightning Network Capacity also breached 1,000 BTC recently.

The utilization of Lightning Network also drastically decreased Bitcoin’s transaction fees and improved the execution of instant transactions.

In a recent Weiss crypto rating, Bitcoin was given a relatively positive review,

“Bitcoin has been upgraded with the roll-out of its Lightning Network and is the best positioned to become a popular store of value for savers and investors.”

At press time, the Lightning Network boasted a network capacity of 1,058.76 BTC and the number of nodes and channels were 7,757 and 39,148, respectively.

The post Bitcoin [BTC] Lightning Network payments now possible via Bitcoin ATM appeared first on AMBCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 68973.85 (+0.11%)
Объем 24H $29.276b
Изменеия 24h: 0.16 %, 7d: 1.81 %
Cегодня L: $68761.13 - H: $69284.62
Капитализация $1359.305b Rank 1
Цена в час новости $ 4159.84 (1558.09%)

bitcoin network lightning atm via payments btc

Источник: ambcrypto.com

bitcoin network → Результатов: 126


Фото:

Bitcoin Network Remains Congested, But Is It Due to Possible Malicious Attack?

Since last week, the Bitcoin network has remained congested with more than 420,000 unconfirmed transactions, raising suspicions of a possible malicious attack. According to several developers and cryptocurrency community enthusiasts, the Bitcoin network is being attacked by persons who are willing to lose millions of dollars to render the network unusable. Bitcoin community expresses concern […]

2023-5-21 19:19


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Picasso’s Granddaughter: Our Family Will Continue Producing NFTs

Marina Picasso – granddaughter of the renowned painter and sculptor Pablo Picasso – said she and her son Florian will continue launching NFT collections depicting the artist’s work. The digital collectibles caused disputes among the family as some members did not agree with the initiative.

Golden Globe-Winner John Legend to Introduce NFT Platform for Musicians

The renowned singer, songwriter, and producer – John Legend – launched a non-fungible token (NFT) platform for musicians and entertainers. His partners in the initiative are Chris Lin – the man in charge of the digital music service KKBOX, Kevin Lin – Co-Founder of Twitch, and Matt Cheng – Founder of Cherubic Ventures.

GameStop to Launch a Blockchain-based NFT Marketplace

The American video game retailer – GameStop Corp. – partnered with Immutable X Pty Limited (a scaling solution for non-fungible tokens) to establish an NFT marketplace. As part of the deal, both parties created a $100 million fund.

Bitcoin Cash hard fork BCHA faces 51% attack

The recently forked BCHA chain is currently under attack by an anonymous miner that is attempting to force whatever is left of the chain into non-existence. The anonymous miner, known as voluntarisThe post Bitcoin Cash hard fork BCHA faces 51% attack appeared first on AMBCrypto.

Data clarifies why 2020 is a defining year for Bitcoin

The entire asset class is tied together. Whenever Bitcoin rises there is a certain inevitability of other altcoins rising along with it. It happened in 2017 and now it is happening in 2020. Over thThe post Data clarifies why 2020 is a defining year for Bitcoin appeared first on AMBCrypto.

Why we can't rule out Bitmex from the Bitcoin game just yet

For BitMEX, it hasn't been the best of years from a popularity perspective. First, it faced massive criticism during the March 13th crash, when traders lost money due to an alleged DDOS attack, andThe post Why we can't rule out Bitmex from the Bitcoin game just yet appeared first on AMBCrypto.