Bitcoin Transaction Fees Hit Three-Year Low as Lightning Network, SegWit Help BTC Scale

Bitcoin’s transaction fees have recently hit a low they hadn’t seen in over three years, as according to BitInfoCharts the median transaction fee on the flagship cryptocurrency’s network is just $0.029. As pointed out by cryptocurrency community researcher Kevin Rooke on Twitter, the Bitcoin network hadn’t had fees this low since October 2015, when it The post Bitcoin Transaction Fees Hit Three-Year Low as Lightning Network, SegWit Help BTC Scale appeared first on CCN

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‘Liquid Network’: Blockstream’s Bitcoin Sidechain is Now Live

Samson Mow, chief strategy officer at Blockstream, announced today that the blockchain startup has launched the Liquid Network, a Bitcoin sidechain. Liquid is, as described by the company, “an innovative sidechain built on the Bitcoin network, facilitating faster bitcoin transactions between businesses and individuals, while enabling extended functionality.” The main purpose for the technology is The post ‘Liquid Network’: Blockstream’s Bitcoin Sidechain is Now Live appeared first on CCN

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Lightning Strikes (Again!) as Lightning Network Software Storms to Beta Release

The Lightning Network has officially been declared ready for mainnet usage as Lightning Labs has released the first beta version of the open-source development team’s much-anticipated software. Lightning Network Software Receives Beta Release The San Francisco-based Lightning Labs announced Thursday that it had released lnd 0.4-beta, the fourth major release of the software and the The post Lightning Strikes (Again!) as Lightning Network Software Storms to Beta Release appeared first on CCN

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