Since the first decentralized blockchain-based cryptomoney (Bitcoin), there have been attempts to take over the network, which is called a "51% attack". 51% attack refers to an attack on a blockchain – usually bitcoin's, for which such an attack is still hypothetical – by a group of miners controlling more than 50% of the network's mining hashrate,...
Raleigh, NC, USA — Moon Banking, where users rank banks on crypto-friendliness, released the world's first production API funded by the Lightning Network on Friday.   The Moon Banking API utilizes the LND implementation of the Lightning Network to accept payments for API quota. The API allows users to put data about the...
The last weeks and months have been anything but rosy for the crypto market. Falling prices and bad news have strongly affected the mood in the crypto-ecosystem - the buzzword FUD (Fear, Uncertainty and Doubt) made big waves. Some reports quickly gave the impression that the crypto-economy was at...
Bitcoin prices skyrocketed today, soaring almost $1,000 in one hour. And a question on everyone's lips is why? There appears to be no obvious reason for the large move, but traders are speculating about what may be going on. A narrative that big money is manipulating Bitcoin markets continues to hold traction....
Earlier this week, BMO Financial Group (Bank of Montreal) has banned credit and debit card ‎customers from buying cryptocurrencies, another blow for the crypto-traders ‎who recently saw a sizable number of banks deciding not to ‎finance the cryptocurrency asset class. BMO’s decision followed several of the biggest Canadian banks banning...
Although Lightning Netwok is still in beta, number of wallets and apps built for it (named conveniently LApps) grows like mushrooms after rain. Here are some of the most interesting ones listed in the LN apps and wallets directory. LNCast is a podcatcher that allows creators to monetize their podcasts using micropayments on...
What is MAST MAST, short for Merkelized Abstract Syntax Trees, proposes to improve Bitcoin by changing how smart contracts are written to the blockchain. In effect, it allows smart contracts to be split into their individual parts. This has several benefits in terms of privacy, transaction size and allowing for...
The LN node count has progressed impressively from 29 nodes in January 2018 to over 1,500 active nodes currently. Lightning has achieved significant growth, both on its testnet and mainnet implementations, since these launched in December 2017. This accomplishment is particularly impressive given that Lightning boasted a measly 29 nodes back in mid-January. Among other...
If you’re keeping a finger on the pulse of Bitcoin development, you’ve probably already heard about Schnorr signatures. The technology looks to replace bitcoin's existing signature scheme with one that mashes signature data together. The concept is so attractive partly because it clears up space in the blockchain, which should...
In Africa, Bitcoin's popularity continues to soar. The crypto-currency market offers Africans the means to take control of their financial destiny. The buying and selling of Bitcoin in Africa continues to grow at a remarkable rate. The majority of digital currency activity may take place in Asia, but this is...