Tag Archives: Scaling

Bitcoin Lightning Network Explodes To New Heights With $2M Capacity

A sudden influx of nodes on Bitcoin’s Lightning Network (LN) has seen capacity increase to new all-time highs as the scaling solution is now handling over $2 million in BTC. Lightning’s Transformative Month Data from monitoring resource 1ML.com reveals the past week have seen overall capacity shoot up almost 300 percent to 438 BTC. An analysis of top… Read More »

Lightning Network Passes 4000 Nodes, Reaches All-Time Capacity High

Bitcoin’s nascent mainnet implementation of the Lightning Network (LN) has reached a new milestone, passing 4,000 nodes for the first time. Lightning Handles $750K Data from monitoring resource 1ML confirms the latest growth of Bitcoin’s second layer designed for fast er and cheaper payments, Lightning Network, which at press time November 13 had a total of 4,026 nodes,… Read More »

Ethereum’s (ETH) Constantinople Upgrade Could Happen as Early as January 16th

Fans and investors of Ethereum (ETH) have something to look forward to as we head into the Holiday season. This is due to the fact that during an Ethereum core developer meeting held this past Friday, a new timeline was proposed to implement the Constantinople upgrade. In the minutes of the meeting currently available on GitHub, two dates were… Read More »

What Caused the Sudden Drop in SegWit Blocks on Bitcoin?

Advertisement Twitter Facebook LinkedIn Blockchain detectives and Lightning Proponents may have noticed a severe drop in SegWit blocks near the end of last month. SegWit-spending transactions had reached a high of nearly 50% of all transactions, according to this tracker, but around about October 20th the rate began to drop off, hitting a low of nearly 40%. Users… Read More »

As ‘Plasma’ Stalls, SNARKs Become New Hope for Scaling Ethereum Now

Efforts to scale ethereum, the world’s second-largest blockchain, are growing more varied as one much-anticipated solution encounters pitfalls amid its continued development. At the forefront of this transition has been plasma, a concept widely heralded as ethereum’s best bet for short-term scaling. Already, researchers behind the tech have built five distinct versions of the protocol – but within these… Read More »

Crypto Reckoning? Industry Vets Strike Humble Tone in San Francisco

Many at San Francisco Blockchain Week 2018 are warily reflecting on the lessons of the 2017 token sale boom, the pride that came before this current bear market fall. Veteran investor and AngelList co-founder Naval Ravikant told conference goers on Monday the last “hype cycle” was a “coming of age” for many cryptocurrencies such as ethereum, the second… Read More »

Improving Ethereum (ETH) Is A Better Option than Creating New Blockchains

The ICO boom of 2017 and early 2018, ushered in a new era of individual blockchain projects that aimed to solve a lot of the issues on the Ethereum (ETH) network. The most prominent ones have so far released a final product in the form of a mainnet, with others in the last stages of launching one. This… Read More »

Bitcoin ‘Breakthrough’ Claims Block Size Increase Possible Without Hard Fork

Some dub it a “breakthrough,” others call it a “network attack.” Those were the prevailing opinions leading up to Mark Friedenbach’s much-anticipated talk at Scaling Bitcoin Friday, where the Blockstream co-founder presented for the first time “Forward Blocks,” a proposal that claims to make future, contentious changes to bitcoin – such as block size increase or proof-of-work change –… Read More »

Multicoin Leads $10 Million SAFT Sale for Ethereum Scaling Startup Skale

Blockchain startup Skale Labs raised nearly $10 million in an effort to develop a blockchain scalability infrastructure for ethereum, the company announced Thursday. The startup says in a press statement that it raised $8.86 million in a Simple Agreement for Future Tokens (SAFT) sale led by Multicoin Capital, on top of $785,000 raised earlier this year. Galaxy Digital,… Read More »

Bitcoin Startup Acinq Raises $1.7 Million to Double Down on Lightning

Lightning isn’t just a big hit with developers, the promising bitcoin technology is now attracting a little attention from investors. Acinq, one of the leading startups working on the lightning network, a top-level layer aiming to boost the number of transactions bitcoin can support, has closed a $1.7 million funding round led by Serena Capital, with participation from Talend… Read More »