Tag Archives: Olaoluwa Osuntokun

Lightning Network Without Invoices Brings Us Closer to Streaming Money

A new feature for Bitcoin’s Lightning Network (LN) implementation allows users to send funds instantly without needing to first create an invoice. Sphinx Enables ‘New Use Cases’ The latest upgrade, ‘Sphinx,’ which developers describe as being a “work in progress,” is nonetheless already available to anyone. “The coolest part about this new feature is that it can be… Read More »

Bitcoin’s Lightning Network Still Unsuitable for Large Payments, Research Suggests

Advertisement A recent report published by cryptocurrency research firm Diar suggests that Bitcoin’s Lightning Network, a second-layer solution touted as the answer to the cryptocurrency’s scalability problem, is still unsuitable for large payments. According to the report, the network only ensures a 100 percent success rate for payments of $0.03 or less. The chance of successfully sending payments… Read More »