“According to Decker, each channel can process about 500 tx per second. With thousands of channels being utilized at once, #Bitcoin could theoretically scale beyond not only any other #cryptocurrency but any other payment method, including VISA.”

“According to Decker, each channel can process about 500 tx per second. With thousands of channels being utilized at once, #Bitcoin could theoretically scale beyond not only any other #cryptocurrency but any other payment method, including VISA.” submitted by /u/Bitcoin_21
[link] [comments]

Bitcoin – The Currency of the Internet

Lightning Network is being developed at the speed of light, a big improvement was just released by Christian Decker and Rusty Russell (two very trustworthy blockstream devs) called eltoo. #very very bullish.

submitted by /u/DiddlerOnTheRoofie
[link] [comments]
Bitcoin – The Currency of the Internet

Europe’s Clocks Are Running Slow and Crypto Mining Is Being Blamed (news.bitcoin.com)

From wrecking the environment to making it harder to search for alien life, cryptocurrency mining has been blamed for a multitude of sins. But to cause time itself to slow down is a fresh charge and one which, on the surface, sounds impossible. Something strange is happening in Central Europe right now: clocks are running slow, and not by fractions of a second, but entire minutes. Could large scale crypto mining be responsible or is it being made a convenient scapegoat?

Bitcoin

Market crashes being caused by Mt Gox trustee is possibly the most bullish news we’ve ever encountered

The fact that the market absorbed the dump at 6k USD shows there's enough bulls out there to withstand almost anything. This news could be the start of a huge, huge bull run with potential implications of mass adoption

submitted by /u/domjellytree
[link] [comments]
Bitcoin – The Currency of the Internet