Ethereum’s Wrapped Bitcoin Set to Eclipse Lightning Network Capacity

Ethereum's Wrapped Bitcoin Set to Eclipse the Lightning Network's CapacitySince the project launched a little over six months ago, Wrapped Bitcoin (WBTC) has roughly $5.9 million or 558 BTC locked into the system. At the rate WBTC’s token contract is climbing, the project is close to surpassing the Lightning Network’s capacity in the near future. Also read: The ”Wrapped Bitcoin” Project Has Now Officially […]

The post Ethereum’s Wrapped Bitcoin Set to Eclipse Lightning Network Capacity appeared first on Bitcoin News.

Continue Reading

Lightning Network’s Antifraud Methods Inferior to Nakamoto Consensus, Research Shows

Lightning Network's Antifraud Methods Inferior to Nakamoto Consensus, Research ShowsThe Lightning Network, the touted scaling solution for the BTC chain, has recently seen its capacity decrease significantly and the beta project is still best suited for a cliche of technically savvy users. Now according to an analysis by Bitmex Research, the Lightning Network’s nodes have taken 2.2 BTC in “justice transactions” even though the […]

The post Lightning Network’s Antifraud Methods Inferior to Nakamoto Consensus, Research Shows appeared first on Bitcoin News.

Continue Reading