Bitcoin Startup Brings Lightning Network Payments to Amazon, Whole Foods

United States-based payments startup Fold has made Lightning Network (LN) payments possible at Amazon, Starbucks, Uber and other big name retailers. The news was revealed in an official blog post published on July 10. As previously reported, the Bitcoin (BTC) Lightning Network is a second-layer solution to bitcoin’s scalability limitations, opening payment channels between users…

Continue Reading



Lightning’s Latest: Zap Mainnet, LND v0.7-Beta and Casa Mobile App

The Lightning Network is developing faster than the elemental speed intrinsic to its name. Each week, it seems, brings not just one but multiple announcements from the leaders driving Lightning innovation, from wallet releases to network tools and implementation improvements. While not every incremental improvement or addition is worth dissecting, we would be remiss if…

Continue Reading



Lightning Labs Strikes on iOS, Android With Noncustodial Mobile Wallet

2019 has been an electric year for the Lightning Network, and San Francisco–based Lightning Labs has delivered another striking development. The development company has already launched the alpha for its desktop Lightning wallet in April, announced Lightning Loop/Hyperloop to allow seamless channel funding and withdrawals, and released the network’s first iteration of watchtowers this year.…

Continue Reading



Bitcoin’s Lightning Comes to Apple Smartwatches With New App

You can now receive bitcoin’s experimental lightning payments with a few taps of an Apple smartwatch. Launched Sunday by Bluewallet, one of the more popular lightning network wallets, their new app for Apple Watches allows users to receive bitcoin over its new, risky (but nonetheless promising) payment technology: lightning. Transactors can use the smartwatch app…

Continue Reading



Bitrefill’s ‘Thor Turbo’ Lets You Get Started With Bitcoin’s Lightning Faster

Bitrefill has launched a new service that seeks to simplify the process of setting up payment channels on the lightning network, the experimental, layer-two initiative being built on top of bitcoin. Demoed for the first time Friday at the Understanding Bitcoin conference in Malta, the new service – dubbed “Thor Turbo” – helps users to…

Continue Reading



Analysis Shows Lightning Network Suffers From Trust Issues Exacerbated by Rising Fees

Over the last two years, the Lightning Network has been touted as the scaling solution for the Bitcoin Core (BTC) network. However, the solution has been heavily criticized for its lack of security, and on March 28, Bitcoin Unlimited’s chief scientist Peter Rizun wrote an interesting evaluation of the Lightning Network’s “dirty little secret.” Also…

Continue Reading



Multi-Trillion Asset Manager Fidelity Takes the Bitcoin Lightning Torch

The Lightning Network torch, which was previously passed to Jack Dorsey and numerous Bitcoin celebrities, has found its way to the traditional finance sector. Fidelity Digital Assets, who are nearing completion of their crypto trading platform, took the torch during the weekend. We and our research team at the Fidelity Center for Applied Technology have…

Continue Reading