Lightning Hits 1000BTC!
The network saw a 54% capacity increase in just the last 30 days.
For those who haven’t heard of it, Lightning is a network designed as a ‘2nd layer’ for Bitcoin, allowing smaller transactions to be made quickly and for barely any cost. Pretty exciting what it has been has been able to do in the 13 months since its launch!
If you’ve been to the Montreal meetups, you might have already met the local LN experts hard at work preparing infrastructure for Montreal’s adoption of the network.
And if Jack Dorsey is true to his evangelism, you might soon be on the receiving end of some Satoshis when you send 280 characters our way!
The Week in Crypto
Canada reconsiders crypto as securities
A report requests comments from businesses and stakeholders.
Bitcoin ATMs defrauded with double spend attacks
Montreal among Canadian cities where theft took place.
Mt. Gox former CEO sentenced to prison
Found guilty on data manipulation — cleared of embezzlement.
Overreaching crypto bill killed on arrival in Texas
Users were to “verify sender’s identity” before accepting currency.
Blockstream satellite messaging API is live
Satellite makes 24-hour broadcasts of the Bitcoin network worldwide.
Listen to This
Cypherpunk Jameson Lopp discusses life before Bitcoin, his experience being swatted, and new adjustments he’s making to preserve his privacy.
Click to listen Length: 24m34s