Builders on Wall Street: Bitcoin Devs Host Lightning Hack Day

It was described as “not a normal conference.” Sure, speakers took to the podium to present their futuristic ideas – a staple at the cryptocurrency space’s many, many conferences. But the Lightning Hackday, which took place in the heart of Wall Street on October 27th and 28th, was all-in-all more of a community-led endeavor with […]

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MIT Is Testing A Smart Contract-Powered Bitcoin Lightning Network

An MIT test is providing a rare glimpse of how bitcoin might truly work at scale. Revealed to CoinDesk last week, the prestigious U.S. university has been quietly demoing an experimental use case for bitcoin’s lightning network, one that showcases how it might be combined with smart contracts to not only handle millions of transactions, […]

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Bitcoin Will Be World’s Leading Currency in 10 Years: Square CEO Jack Dorsey

Join our community of 10 000 traders on Hacked.com for just $39 per month. One of Silicon Valley’s most revered entrepreneurs is going all in on Bitcoin. Square CEO Jack Dorsey, who is in London this week promoting the digital payments firm, told The Times that he believes Bitcoin could become the world’s leading currency […]

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

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. 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 […]

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Lightning Network May Not Solve Bitcoin’s Scaling ‘Trilemma’

Frances Coppola spent many years working in banks and IT, and now writes and speaks about finance, banking and economics. Bitcoin has proven incapable of accommodating growing demand without deviating considerably from Satoshi Nakamoto’s original vision of a “peer-to-peer electronic cash system.” It was intended to provide a fast, secure and inexpensive means of making payments without using […]

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