Lightning news
Most blockchain advocates haven't even used Bitcoin
Bitcoin (BTC) popularised the term blockchain. Blockchains, or “decentralized and distributed digital ledgers used to record transactions across a network of computers,” have been around for over thirty years, the household name for a blockchain is Bitcoin. That’s despite the fact that the Genesis block was mined well over 14 years ago when George W. Bush was president and “I Gotta Feeling” by Black Eyed Peas topped the charts–Bitcoin is still top of the blocks. It’s to be expected, then, that most blockchain advocates would have used, understood or a the very least experimented with Bitcoin. Nope. Not so. Here’s …
Blockchain / March 2, 2023
Bitcoin node connection shuts down: BlueWallet users urged to withdraw funds
BlueWallet is sunsetting its lightning node connection to Lndhub.io according to an official statement. BlueWallet will cease custodial Lightning operations–meaning that BlueWallet users of the Bitcoin (BTC) Lightning Network must connect to nodes to continue using BlueWallet lighting services. What does BlueWallet sunsetting LndHub mean for you? - If you use BlueWallet for on-chain bitcoin: ✅ nothing - If you use other LndHub services (like LightningTipBot, LNbits, Alby): ✅ nothing - If you use the Lightning account hosted by them: ⚡️ Move your sats out Read on — calle ⚡️ (@callebtc) February 23, 2023 Calle, a Lightning Developer who tweeted …
Bitcoin / Feb. 24, 2023
'Bit-tendo' prototype offers Bitcoin retro games for bars, conferences
Play to Earn retro games with Bitcoin payouts may soon be making their way to a bar, conference, or meetup near you, according to a Feb. 12 Twitter post by Zebedee founder Christian Moss. The software is tentatively called “Bit-tendo.” Bitcoin Pay to Play & Play to Earn in Super Mario 3 on the original NES! #bitcoin #retrogames #lightningnetwork powered by @zebedeeio and @lnbits 200 retweets and i'll integrate SONIC "Bit-tendo" will be a free retro game bitcoin infuser for bars, conferences, meet ups etc pic.twitter.com/4GBuXX9pN2 — Christian Moss (@MandelDuck) February 12, 2023 The Twitter post includes a video of …
Bitcoin / Feb. 16, 2023
Nigerian innovator launches first active Bitcoin Lightning node in the country
A Bitcoin Lightning Network node (BTC) has struck the earth in one of the most challenging operating environments. Lagos, the capital of Africa’s most populous country, Nigeria, welcomed a new Bitcoin Lightning node this week, a vital step to better connect the continent to the layer-2 payments network atop Bitcoin, the Lightning Network (LN). The node runs on an old laptop powered by a diesel generator as Lagos regularly experiences energy and electricity blackouts. In a discussion with Cointelegraph, Megasley, who is the first Nigerian Lightning node of 2023 and the first active Lightning node in the country (as other …
Adoption / Jan. 11, 2023
MicroStrategy to offer Bitcoin Lightning solutions in 2023
MicroStrategy executive chairman Michael Saylor has shared his firm’s plans to release Bitcoin Lightning Network-powered software and solutions in 2023. In a recent Twitter Spaces on Dec. 28, Saylor shared that the company is exploring software and solutions that utilize the Lightning Network, such as solutions that “support” enterprise marketing as well as a cybersecurity solution aimed at corporate websites. The Lightning Network is a layer-2 payment protocol layered on top of Bitcoin’s blockchain that allows for off-chain transactions, raising payment throughput and lowering transaction fees. The business intelligence and tech company, known for its massive Bitcoin holdings, has been …
Adoption / Dec. 29, 2022
Crowdfunding gets leg up from Lightning Addresses on Bitcoin
The Lightning Network strikes again. In a small yet significant development for Bitcoin (BTC), a new type of BTC address has been introduced: the "Lightning Address." These unique identifiers are specifically designed for use on the Lightning Network, a layer-2 payment protocol that operates on top of the Bitcoin blockchain. A user-friendly addition to ways in which Bitcoin users can send, receive and even raise money, Lightning addresses can be custodial, or users can connect to their own nodes. Crowdfunding is among the most popular real-world use for Lightning Addresses. Cointelegraph spoke to MetaMick, the CTO of Geyser Fund, to …
Bitcoin / Dec. 20, 2022
Not medical advice: Bitcoiner implants Lightning chip to make BTC payments by hand
The Lightning Network continues to shock the Bitcoin (BTC) community. A swiss IT Professional called F418 (not his real name) surgically implanted a Lightning-enabled chip into his right hand to make Lightning Network (LN) payments. Speaking with Cointelegraph, F418 said he experimented with body modification and LN payments for fun. He does not recommend that Bitcoin enthusiasts take the layer-2 payments network, the LN, into their own hands as he did. “The use is just to show that it is possible and you can do stuff like that." He added that most people carry cards, it’s just his hand has …
Bitcoin / Dec. 13, 2022
Bitcoin advocate dishes out sats over Lightning Network to raise BTC awareness
A Bitcoin (BTC) advocate on Twitter known by the name of ShireHodl, or simply Shire, sent over 110 micropayments to first-time Bitcoin Lightning users in response to Michael Saylor's Lightning Network pool. Shire asked those new to Lightning to download a Lightning wallet from App Store or Google Play Store and to send him a QR invoice. To pay the invoice, Shire scanned the code with his camera, and the Bitcoin Lightning Network did the rest. In the Tweet, Shire said he’d send 1000 sats to as many people as he can be bothered before sleep. OK guys. Sent 76 …
Adoption / Dec. 6, 2022
Strike partners with Bitnob to facilitate cross-border payments into Africa
The Lightning Network has struck Ghana, Kenya and Nigeria. During a conference in Ghana, Strike CEO Jack Mallers announced that the Bitcoin (BTC) payments company has partnered with the mobile app Bitnob to facilitate payments into Africa. Mallers made the announcement on stage at AfroBitcoin, a Bitcoin conference in Ghana's capital city of Accra. He stood alongside Bernard Farah, the Nigerian CEO of Bitnob, following a short presentation on how it works. Money transfers into Africa take advantage of the Lightning Network, the layer-2 payments network built atop Bitcoin. The feature is called “Send Globally,” and it enables instant, low-cost …
Bitcoin / Dec. 6, 2022
Subway accepts Bitcoin, so users can get a sandwich on the Lightning Network
No, it’s not Groundhog Day. Subway is accepting Bitcoin (BTC), again — but this time it’s using the fast, nearly free Bitcoin Lightning Network. Kicking off the 7-day #usingbitcoin week with Lunch at Subway, Chausseestrasse in Berlin! 50% off when paying with #bitcoin #spendyourbitcoin pic.twitter.com/f81kdMOnEQ — felix (@felixbillert) October 19, 2022 The world’s largest franchise by number of restaurants is trialing Bitcoin payments at three Subways in Germany’s capital, Berlin. Subway first experimented with Bitcoin almost 13 years ago in Moscow, Russia. Over the past few months, Daniel Hinze, the Berlin Subway franchise owner, recorded over 120 Bitcoin transactions. In …
Bitcoin / Nov. 9, 2022
Shopify users get their hands on Tezos NFTs with new partnership
Tezos blockchain partnered with Web3 automation platform Taco to allow Shopify users to access Tezos nonfungible tokens (NFTs) via Taco’s NFT loyalty program. The e-commerce giant has established itself as a growing destination for brands looking for Web3 engagements. Taco app allows brands to integrate Web3 solutions such as NFTs to increase engagement with customers and e-commerce platforms such as Shopify use Taco app plugins to offer these services to their merchants. The NFT loyalty programs aid brands in strengthening their bonds with consumers, boosting customer engagement and retention. The latest integration of Tezos NFTs would help the blockchain utilize …
Blockchain / Oct. 19, 2022
Tap-to-pay Bitcoin Lightning Bolt cards strike El Salvador
El Salvador-based Bitcoin (BTC) holders could soon spend their BTC using the “tap-to-pay” feature wherever the near-field communication services (NFC) card readers are available. The cardless pay service would be utilizing Lightning Network (LN) to facilitate retail BTC transactions. Contactless card payments are quite popular in the current fast-paced world, and with the help of LN, these services can now be utilized by BTC holders as well. The Bitcoin Lightning services are being introduced in El Salvador by CoinCorner, which has, in turn, partnered with IBEX, a lightning infrastructure services company, to add NFC support across businesses in the country. …
Adoption / Oct. 12, 2022