Lightning Network's stunning growth has been fueled by Plug & Play Nodes. Here is an overview of top devices.that make it easy to run your own Lightning Node, not technical skills needed!
Expansion of the bitcoin microtransaction network, Lightning Network (LN) is a reality. Just over a year after its official launch, this second layer solution for Bitcoin's scalability is becoming more and more established. Proof of this is the increase in nodes and pay channels of the network, as well as the routing capacity in BTC. An extremely significant aspect is the increase of the network nodes. According to 1ML, currently the network has a total of 6,335 public nodes, this figure includes active and deactivated nodes, a figure that has not stopped growing since its birth and has dramatically increased, coinciding with the new offer of plug & play nodes (connect and use), which make it much easier to operate a node than it has been until now. This article was first found by us on 2019-02-18 16:30:32. Share this content on social media: Related assets may include OST, DCT, VIEW. Browse decentralpost.com for additional posts. Leave a Comment
Bitcoin is all about personal accountability: Did you know that one guy mistakenly paid 291 BTC in fees to send 0.0001 BTC
Myths and legends entwine around the whereabouts of millions of to date lost Bitcoin. Unsurpassed, however, is the BTC fortune of Bitcoin creator Satoshi Nakamoto, presumably destroyed for all eternity. A short story about the curiosities of cryptography. Cryptography is all well and good. But what if you lose your private key due to carelessness Bad luck. Unfortunately, it's that simple. The SHA-256 hash function is a good thing for security in the Bitcoin network. It's not for nothing that SHA stands for Secure Hash Algorithm?. And Nakamoto has really taken security seriously. Because both the Bitcoin Mining and the mathematical connection between Public Key and the address is based on SHA-256. And that is really bomb-proof. Key collisions are mathematically extremely unlikely. This data was retrieved by us on 2019-02-10 21:59:54. Share this content on social media: Related crypto assets may include BTC, TCN, OST, DCT. See decentralpost.com for more similar content. Leave a Comment
Lightning Network is an ocean of possibilities: Unlock WiFi access with a LN payment
One user has implemented a proof of concept to gain access to a protected WiFi network, using Lightning Network. The instructions and code for this tool were published yesterday. A development team created Nodogsplash (NDS), a captive portal that offers a restricted Internet connection, which can be unlocked using certain parameters. A Spanish developer known as @poperbu has seen the potential of this application and developed a plugin that allows, for the payment of 100 satoshis (0.000001 BTC) through Lightning Network (LN), the WiFi network to be available. This developer published a video with the necessary steps to cancel the fee requested by NDS with LN, with the help of a Telegram bot. Similarly, this user indicated on Twitter that the portal will allow users a limited connection, enough to make payment with LN and enjoy the Internet service. This share was first seen by us on 2019-02-05 23:45:28. Share this content on social media: Related crypto assets include OST, DCT. Check out decentralpost.com to find more similar content. Leave a Comment
Bitcoin and collapsing economies: Venezuela records higher trade volume on LocalBitcoins than US
Venezuela and Colombia traded 11,208 BTCs through the p2p exchange platform LocalBitcoins during the month of January 2019. According to Coin Dance figures, these two Latin American countries reached, for the second consecutive month, more than 80% of the exchange volume in the region. In total, Venezuela and Colombia account for 84.74% of BTC trade through LocalBitcoins in Latin America. The dominance of both nations increased by 2.95% over December 2018. Venezuela traded 8,319 bitcoins in recent weeks, 1.64% more than the previous month, when it reached the 8,182 BTC milestone. Thus, traders of bitcoins in bolivars continue to top the regional list for the third consecutive month. This article was found by us on 2019-02-05 22:40:32. Share this content on social media: Related crypto assets may include TCN, RCD, BTC, DCT, OST. Visit decentralpost.com to find more similar content. Leave a Comment
Attack surface on bitcoin is shrinking: Taproot to increase privacy and fungibility of BTC
Taproot is designed to significantly increase Bitcoins privacy. This approach relies on multi-signatures, to be exact, on Schnorr multisigs. Worried about price trends, ETFs and the rift between Bitcoin and Bitcoin Cash, people forget that Bitcoin is also evolving technically. Beyond these public debates, the developers have not only activated Segregated Witness or advanced the Lightning Network. They are working on things like Smart Contracts, Tokenized Assets or privacy on the Bitcoin blockchain. The latter is something very important. On the one hand, privacy is essentially one of the ideals of the cypher punks, on the other hand, it is only through this that the fungibility of Bitcoin can be increased. Even Bitcoin maximalists have to admit that crypto currencies like Monero that rely on anonymity are currently ahead of the game. It is understandable that the Bitcoin community wants to catch up here. This posting was retrieved by us on 2019-02-03 23:47:48. Share this content on social media: Mentioned cryptocurrencies include TCN, INK, BTC, DCT, OST, KIN. You may want to visit decentralpost.com for complete listings from this source. Leave a Comment
Latest Update in ADAMANT Messenger for iOS: Transferring LSK tokens of Lisk directly in chats!
Putting things in perspective: Where is bitcoin right now and where can it go
In the second half of 2017, the word Bitcoin became one of the most searched on the web. In the news, forums and other media it was the topic to follow. Most perhaps out of curiosity to know what was causing the price to go up in price more and more. This wave of euphoria brought many enthusiasts and many detractors. There were those who sold their properties or used their savings to buy Bitcoins when it was already worth $10,000. From the detractors came the arguments like it was a Ponzi scheme or a pyramid scheme, a mania like tulip bulbs or an economic bubble. We could say that they are all valid or not until proven otherwise. Of course neither enthusiasts nor detractors can have the absolute truth. It is simply the opinion of some against others. This piece was obtained by us on 2018-10-13 14:09:58. Share this content on social media: Mentioned assets BTC. Have a look at decentralpost.com for more from this source. Leave a Comment
Bitcoin had a fair initial distribution unlike most of other coins in the market
Dan Held, co-founder of Interchange and ZeroBlock, published an article in Medium on 4 October in which he explains why the initial distribution of bitcoins is so far the fairest within the entire ecosystem. According to Held Satoshi set out to design the fairest possible system?. Unlike the projects where the pre-mining of crypto coins is carried out, Held explains the tests that confirm that Satoshi did not pre-mine and that, in addition, he placed Bitcoins open source so that anyone could easily mine at its inception, without the need for high processing power. He also points out that the day after the release of Bitcoin's code, Hal Finney, the pioneer of this technology, had already begun mining bitcoins. This item was obtained by us on 2018-10-06 17:02:02. Share this content on social media: Mentioned assets BTC. See decentralpost.com for additional posts. Leave a Comment
StellarX is a clear attempt to finally break free from Ripple and Bitcoin
StellarX is a new GUI for trading in crypto currencies. The use is apparently free for all participants. The question is: What is the motivation behind bringing something to the market free of charge As it looks, Stellar wants to break free of Bitcoin and differentiate itself from its competitor Ripple. The problems that arise with centralised exchanges are currently buzzing through the news columns. Manipulation of the Bitcoin price and attacks on the infrastructure are welcome news for FUD criers, the confidence of the community could be greater. In all this chaos, a new trading platform is now emerging that wants to clean up a bit: StellarX. This publication was first found by us on 2018-10-01 23:13:21. Share this content on social media: These assets may interest you XRP, BTC, XLM. Visit decentralpost.com for more similar content. Leave a Comment
Iran unveiled its "national cryptocurrency" and it is a textbook example of a shitcoin
The National Cyber Space Center of Iran has unveiled the outlines of its national cryptocurrency. By the way, the National Cyber Space is responsible for media censorship in the country by blocking some Western content. We won't blame them because facebook, google do the same thing and in France we now have a law on fake news?. Long live freedom of expression In short, Iran has just revealed a majestic SHITCOIN as little is done since it had to respect the wishes of President Hassan Rouhani, an authoritarian leader under the orders of an Islamic clergy. We do better at the decentralization level This piece was first found by us on 2018-08-31 00:41:34. Share this content on social media: Related crypto assets include TCN, OST, DCT, ION. See decentralpost.com for additional posts. Leave a Comment
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