Twitter Tips on Lightning Network fizzles out after 1 year due to low demand
Twitter announced it would discontinue its tipping feature, which lacked both awareness and demand, with a worldwide total of just US$8,500 in payments.
Latest Lightning Network News
Block pins net losses on BTC’s fading consumer demand
Block's gross profits rose 38% to $1.57 billion, but expenses rose by nearly one-half, resulting in a net loss of $18.7 million, significantly worse than the $3 million loss in Q3 2021.
MicroStrategy’s Saylor struck by Lightning, and possibly a blunt object
MicroStrategy's three-month revenue suffered a 2.1% slump from last year as the BTC token, which founder Michael Saylor heavily bet on, found itself in the doldrums following an epic 'crypto' crash.
Block plots BTC mining, integrates Lightning, abets Blockstream
According to reports on October 25, Block had tapped Perry Hothi, former chief technology officer for Argo Blockchain PLC, to help spur Block’s BTC mining ambitions.
Boracay is becoming the Philippines ‘Bitcoin Island’ as adoption soars
Boracay is renowned for its beaches and resorts, but it’s now seeking to become a digital asset island—can it avoid El Salvador’s Bitcoin Beach mistakes?
BTC fee model is all wrong
BTC's fee model largely favors miners and runs counter to its original design of a peer-to-peer cash system that provides convenience and reliability among users.
BTC’s Lightning Network: It still doesn’t work, but does anyone notice?
BTC's Lightning Network was created in an attempt to solve complex issues in computer science, but questions arise over its significance as it faces woes that run counter to its purpose.
The unsecure Lightning Network as BTC’s layer 2 scaling protocol
Bitcoin mining nodes operate using PoW and Bitcoin consensus, making it hard for major mining nodes to be anonymous, while Lightning Network is an entirely unblockchain no-proof-of-anything network.
More on L2 solutions
Layer 2 solutions are not useless in principle, and Rollups themselves can be useful, when used with a blockchain capable of serving as a scalable global base layer.
Lightning Network requiem
A paper by researchers at the University of Illinois revealed two major attack vulnerabilities in the Lightning Network system, which could be used to lock users from their money or steal funds.
Hyperbitcoinization and Web 5.0: Joshua Henslee’s 2K subscribers special episode part 3
To celebrate his 2,000 subscribers on his YouTube channel, Joshua Henslee did a three-part "Ask Me Anything" episode where he answered questions about Bitcoin, digital currencies, and blockchain.
Kurt Wuckert Jr. on Darntons podcast: The best tech always wins over time, and so will BSV
Kurt joined Darntons podcast to talk about Satoshi’s vision and how BSV has restored it, the fallacies of BTC and Lightning Network, and why Dr. Craig Wright is Satoshi.