Business 30 January 2019

Over $1B stolen in crypto thefts, exit scams in 2018 (and Lightning Network is partially to blame)

According to CipherTrace’s report, over $950 million in crypto was stolen by hackers – 3.6 times more than what was stolen the previous year.

Tech 31 July 2018

Andreas Brekken takes on Lightning Network, finds routing errors, wallet bugs

The much-hyped Lightning Network is “impractical” and “suffers from routing errors and wallet bugs,” according to the findings of a study done on the network.

Tech 20 July 2018

‘Makes very little profit’: Andreas Brekken takes on ‘stressful’ Lightning Network

Andreas Brekken routed 260 payments for an estimated $0.3, in what was billed as an experiment into the efficacy of running a Lightning Network payment hub.

Tech 2 July 2018

Jonald Fyookball: SegWit dismantles one of Bitcoin’s primary security mechanisms

As problems with the Lightning Network and the risks of Segregated Witness continue to surface, Jonald Fyookball questions Bitcoin Core development team’s “interesting contradictions.”

Business 28 June 2018

Lightning Network has low success rate for routing payments, gets worse for large transactions, study finds

Despite the growth of the Lightning Network, routing payments within it is unreliable and becomes even more so as the amount of transfers increase, according to a new Diar study.

Business 20 June 2018

Dr. Craig Wright: Lightning Network a system of promissory notes—which are securities

The nChain chief scientist warns that the Lightning Network is like a Strangler Fig, which would turn tokens into ‘dead and hollow ghosts of their former state.’

Business 27 April 2018

No surprises there: Infographic explores Bitcoin Cash triumphs

A Yours.org post has debunked BTC camp’s belief that Bitcoin Cash is dying using an infographic that showed what the BCH community has always known (and the BTC supporters have feared)—that Bitcoin BCH has triumphed in “a couple of critical success criteria.”

Tech 19 April 2018

Rods, abacus and payment channels: Youtuber breaks down Lightning Network—visually

A new series of videos is being produced and uploaded to YouTube, seeking to provide a better explanation of the LN. They’re being produced by Don Wonton, and his channel is called ‘Decentralized Thought.’

Business 17 April 2018

Roger Ver wins bet: Lightning Network fails at simple task

A recent demonstration designed to show why Lightning Network is positioned to revolutionize SegWit-Coin BTC transactions only fizzled—no lightning, no thunder.

Tech 5 April 2018

bitPico claims responsibility for DoS attack on Lightning Network

The DoS attack has been the subject of much speculation over the last two weeks, with developers worldwide taking an interest in the efforts of the previously unidentified attacker.

Tech 21 March 2018

Bitfury secures government nod for $35M data center in Norway

Norway’s government has signed off a request by Bitfury to build a data center in the country near the town of Mo I Rana.

Business 27 February 2018

Core Dev Peter Todd admits Lightning Network has issues

Lightning Network has indeed come short on many fronts, and many people are beginning to question if it really is up to the task.