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Lightning Labs

What’s the Deal With the Lightning Network?

<header class=”article__header”> </header> <strong>Remember that layer two scaling solution they promised for Bitcoin back in the day? Does anyone know what happened to it? It feels like we’ve been waiting for a finished Lightning Network longer than Mt. Gox victims have been awaiting restitution. For now, Lightning is accessible to users with the skills to …

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Lightning Labs Launches Desktop App on Bitcoin Mainnet

Lightning Labs, one of the largest bitcoin companies behind the upcoming scaling technology lightning, has released its first desktop app on the bitcoin blockchain. Previously the desktop app worked for bitcoin’s testnet — think fake bitcoins used to try out programs — but this is the first time the app will work on bitcoin mainnet, …

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Lightning Labs Releases ‘Loop’ Feature for Bitcoin Payments Channels

Lightning Labs has released a new feature aimed at improving the usability of the lightning network, a bitcoin payment channel technology aimed at scaling the cryptocurrency. Called “Lightning Loop,” users will now be able to receive bitcoin in increasing quantities without having to close and reopen new payment channels. Opening a payment channel requires users …

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Bitcoin Lightning Tech Expands Beyond Invoices in Step Toward Better UX

Bitcoin’s lightning network has taken a big step toward a better user experience courtesy of new work by one of its principal open-source developers. Widely believed to be the key to helping the cryptocurrency reach a mainstream audience by pushing it to handle millions of transactions, lightning still has a lot of work ahead of it. …

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Square CEO Jack Dorsey Says Bitcoin’s Lightning Is Coming to Cash App

A bitcoin scaling solution called the lightning network may soon come to Square’s Cash App for mobile payments. Twitter and Square CEO Jack Dorsey, an investor in the bitcoin-oriented startup Lightning Labs, recently announced during an interview with podcaster Stephan Livera that there are plans to integrate the scaling technology with Square’s mobile app. “It’s …

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