Lightning

During the Bitcoin 2019 conference, Adam Back and Scott Stornetta discussed their role in Bitcoin’s white paper and BTC’s future.

Bitcoin Magazine’s Week in Review for week of June 22nd, 2019

Micropayments are paid out between nodes that host the mesh network, encouraging users to maintain an ecosystem of devices without relying on the internet.

Coinsource has become one of the largest providers of Bitcoin ATMs, working to expand its network and access to the original cryptocurrency.

Watchtowers, a new technical feature from Lightning Labs, will keep an eye on Lightning Network channels and potential bad actors.

To make managing liquidity as efficient as possible, Lightning Labs has developed a proposal called “Hyperloop," a concept that aggregates swaps so that individual transactions don’t occur on-chain with individualized signatures and outputs.

"There is no such thing as consensus on the Lightning Network; instead, we have compatibility. That means you can literally break the rules of the majority, as long as there are other people that have an incentive to break the rules with you. "

Microsoft is building Project ION, a trustless digital identity scheme, on Bitcoin.

Popular Bitcoin and Lightning Network wallet BlueWallet has released a smartwatch-compatible version of their wallet app, the first attempt to bring Lightning support to the Apple hardware.

Lightning Labs has released an alpha version of its Lightning Network wallet. The desktop application is now compatible with Bitcoin’s mainnet and it leverages Neutrino to give users a lightweight option to control their own funds.