Tag Archives: Nodes

Bitcoin Lightning Network Capacity Quadruples Since November

Lightning Network continues to grow at a phenomenal rate, with capacity now topping 460 BTC, and a reported 16,000+ channels. Lightning Network Sees Accelerating Growth It feels like Lightning Network (LN), bitcoin’s energetic, frugal young apprentice, is in the news every other week. Certainly, LN is regularly breaking fresh milestones, although to be fair, there are multiple criteria to… Read More »

Bitcoin Public Full Node Count Surpasses 10,000

New data released by Coin Dance this week shows that the number of bitcoin public nodes made a significant jump. The reported 10,094 public nodes places the total number back over 10,000 for the first time since March. Hard Core Around 95 percent of the nodes are running Bitcoin Core, a proportion which has remained steady since early 2018.… Read More »

Bitcoin Veteran Jameson Lopp Named CTO of Crypto Startup Casa

One of the bitcoin community’s most beloved veterans just got a promotion. Revealed exclusively to CoinDesk, Casa has elevated Jameson Lopp to CTO eight months after he joined the crypto custody solutions startup as an infrastructure engineer. In this newly-created position, Lopp will focus on making sure the company’s products complement its annual $10,000 premium vault service with… Read More »

Italian Banking Association Completes First Test of Blockchain-Based Interbank System

The Italian Banking Association (ABI) has revealed they successfully passed the initial phase of testing their blockchain-powered interbank system, Italian financial media outlet Ansa reported September 29. By applying distributed ledger technology (DLT), the group of 14 Italian banks is planning to improve interbanking processes. Specifically, the association intends to boost the processing time of operations, increase the… Read More »

At 100 BTC And 12k Channels, The Lightning Network Larger Than Ever

The Lightning Network for Bitcoin became bigger than any time in history this month as capacity reached 100 BTC ($730,000) in a new first. Participants Break New Barriers Data from monitoring resource 1ML confirms the milestone, which caps an extraordinary period of growth for Lightning over the summer months. Currently, 3350 nodes and over 12,000 channels contribute to… Read More »

Room For Creatives, Distributed New Economy Is Growing In Capacity

Creatives from multiple industries and those on the other side of the transaction – buyers and consumers of content, may soon do business on a single platform. Within the Zeepin Ecosystem, all participants will benefit from diversity of different projects. Zeepin’s team aims to incorporate original ideas into powerful applications running on their Blockchain. Zeepin is an A-Z… Read More »

Sony Patent Filings Hint at Work on Crypto Mining Hardware

Japanese technology giant Sony wants to patent two hardware approaches for hosting and maintaining blockchains, newly published documents show. Sony’s two filings are entitled “Electronic Node and Method for Maintaining a Distributed Ledger” and “Device and System,” revealing for the first time that the company is working on blockchain-related hardware concepts. They also set the stage for the… Read More »

Bitcoin Cash Development is a Ghost Town, GitHub Data Reveals

Bitcoin Cash continues to receive criticism of its network setup as bitPico’s “stress test” unearths what the group describes as possible “fake decentralization.” Empty Blocks, No Activity Data harvested from GitHub repositories for both Bitcoin (BTC) and Bitcoin Cash (BCH) has caused the latest in a series of stark contrasts of network performance to surface on social media… Read More »

Bitcoin Cash: BitPico ‘Stress Test’ Claims To Show Node Centralization

A new discovery in BitPico’s “stress test” on Bitcoin Cash (BCH) has allegedly unearthed further evidence of the altcoin’s centralization. Nodes ‘In Same Server Rack’ According to the group, which began focusing its attention on BCH last month after conducting similar “test” on Bitcoin’s (BTC) Lightning Network, a number of full nodes on its network are “located in… Read More »