Explainer video about Lighting Network
Produced at Coindesk
Role:Direction Design Animation.
This is a demo to send a Bitcoin lightning payment to the content author directly from the RSS reader. (think of an open blendle.com)
Slightly technical details:
The RSS item is extended by an additional tag containing an LNURL. If that LNURL is present the RSS reader displays the lightning donation button.
The transaction is done directly from the consumer to the author.
This demo uses a modified feedbin.com RSS reader with support for LNURL.
One thousand Wrapped Bitcoin (WBTC) were minted today on the Ethereum network ( ETH ) — a single transaction that represents more U. S dollar value than the entire Lightning Network. It brings the total amount of Bitcoin now locked in WBTC tokens to 2,300, compared to the roughly 927 Bitcoin ( BTC ) locked on the Lightning Network . According to decentralised finance data aggregator DeFi Pulse , the USD value of wBTC is $20.7 million, making it the eighth-largest decentralized finance ( DeFi ) protocol. Wrapped Bitcoin is an ERC-20 token that allows users to access popular ETH-based DeFi protocols using the value represented by their Bitcoin holdings. Users’ Bitcoin is held by custodian BitGo, while eight ‘initial merchants’ act as middlemen between the users and the custodian, including Dharma, Kyber, Ren, DiversiFi, Set Protocol, Gopax, AirSwap, and Prycto. The Wrapped Bitcoin protocol is operated by a decentralized autonomous organization comprising 16 projects including the initial merchants, Compound, and MakerDAO. BTC can be redeemed by burning wBTC tokens. The recent growth in popularity of DeFi has driven an expansion in the number of DeFi projects offering Bitcoin tokenization on the Ethereum network. At the start of April, PieDAO launched its first fund, PieDAO BTC++. The fund provides exposure to a diversified basket of synthetic BTC protocols, allowing users to access DeFi using its token while also hedging against failure or the targeting of any single synthetic BTC project. PieDAO BTC++ comprises 25% Wrapped BTC, 25% Synthetix BTC, 25% Provable BTC, and 25% imBTC. In November 2019, decentralized exchange Tokenlon launched the synthetic BTC protocol imBTC. However, the tokens have recently garnered controversy after being used in attacks targeting Uniswap and DForce last month.
All data is taken from the source: https://cointelegraph.com/
Article Link: https://cointelegraph.com/news/1000-wbtc-minted-today-on-ethereum-dwarfs-entire-lightning-network
#btc #0xcoin #ethvalue #cryptocurrencynews #cryptocurrencyexchange #cryptonews #cryptoexchange
1,000 WBTC Minted Today on Ethereum Dwarfs Entire Lightning Network: https://www.youtube.com/watch?v=VlhoXZTTvfA
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Bitcoin Technical Analysis & Bitcoin News Today: I’ll use technical analysis on the Bitcoin price to make a Bitcoin price prediction. Watch the video to learn more!
0:44 Bitcoin Analysis
2:58 Jack Dorsey Twitter
5:26 Bybit Givaway
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Only 1000 users will get the 300 bonus!
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Bonus must be activated by trading activity within 21 days after receiving the bonus, after which it will be forfeited. Once activated, it will not expire any more.
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Carl Eric Martin (The Moon)
This is the eighteenth episode of the Lightning Junkies podcast. On this episode of the podcast, we have Daniel Goldman talking about Bitcoin and Ethereum layer two constructions. He spends the first half of the podcast laying out the first layer two constructions, nuances of the various constructions and more! The second half of the episode, we generally contrast Bitcoin, Ethereum, and talk about Lightning at various points too.
We talk about:
Background and Bitcoin
First Lightning Transaction
Layer 2 on Ethereum
Contrasting Different Layer 2 Solutions
Contrasting Different L2 Constructions
Porting over Ethereum L2 to Bitcoin?
Plasma on Bitcoin?
Layer 2 Usage on Ethereum
Lightning First Mover Advantage on Bitcoin?
Privacy vs Auditability
Privacy on Layer 2
Philosophy (David Hume)
Daniel’s Twitter: https://twitter.com/DZack23
Daniel’s Substack: https://dzack23.substack.com/
Georgios Konstantopoulos’s Twitter: https://twitter.com/gakonst
If you want to stack 100k sats, sign up for Sparkswap! Sign up for Sparkswap, buy at least $15 worth of Bitcoin, and then click this link: https://tinyurl.com/LNJspark
Sponsor the podcast with Bitcoin on-chain or over the Lightning Network: http://crowdfund.lightningjunkies.net
Tip me on Tippin.me: https://tippin.me/@LNJunkies
Pay for the episode on LNCast: LNCast.com
Follow my Lightning Network blog series: https://blog.sicksubroutine.com/
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We debate about Bitcoin mooning and what was the catalyst, on if technical analysis works or not, how Bitcoin’s lightning network is a threat to its network’s decentralization, and also how China plays a role in blockchain and crypto going forward.
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About Channel: Bitcoin, Litecoin, EOS, and General Cryptocurrency News Coverage!
DISCLAIMER: THE COMMENTS AND OPINIONS SHARED IN THIS VIDEO ARE OF MY OWN, AND SHOULD NOT BE TAKEN AS FINANCIAL ADVISE. PASS PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS – DO YOUR OWN RESEARCH AND DO NOT TAKE MY WORD ON ANY CRYPTOs TALKED ABOUT IN THIS VIDEO, I AM NOT A PROFESSIONAL AND DO NOT HOLD ANY FINANCIAL LICENSES.
This video shows a demo of a client software library paying a server to access an API endpoint using Bitcoin lightning payments.
you can find the source of the server and client here: https://github.com/bumi/ln-markdown-to-pdf
the two ruby libraries that are used:
for the server side: https://github.com/bumi/rack-lightning
for the client side: https://github.com/bumi/faraday_ln_paywall/
Please let me know if you have any questions and I’d love to hear feedback and your ideas on this: email@example.com
Your Daily Fix Of Cryptocurrency, Blockchain, Bitcoin, & Ethereum News – Friday, August 30th, 2019
😀 𝙏𝙝𝙖𝙣𝙠 𝙔𝙤𝙪 𝙁𝙤𝙧 𝙒𝙖𝙩𝙘𝙝𝙞𝙣𝙜!
► CME Futures Article – https://www.trustnodes.com/2019/08/30/bitcoins-price-tends-to-rise-after-cme-futures-expire
► Bollinger’s Puzzling Bitcoin/Alt Price Prediction – https://twitter.com/bbands/status/1167460723171061760
► Updated CMC Rankings Coming – https://blog.coinmarketcap.com/2019/08/30/updated-ranking-methodology-new-liquidity-metric-soon/
► Aragon Founder Denounces Facebook Libra – https://cryptobriefing.com/aragon-dao-facebook-crypto/
► Lightning Network Vulnerability – https://lists.linuxfoundation.org/pipermail/lightning-dev/2019-August/002130.html
► Mike Novogratz’ Current Market Thoughts – https://www.forbes.com/sites/billybambrough/2019/08/30/billionaire-investor-promises-bitcoin-revolution-will-happen-eventually/#734b97031bda
► Ethereum OPCODEs – https://ethervm.io/
► Hard Fork Raising Concerns Over EIP 1884 – https://eng.ambcrypto.com/ethereum-istanbul-hard-fork-developer-raises-concerns-over-implementation-of-eip-1884/
► Bug In Parity Client – https://www.coindesk.com/amberdata-discovers-rpc-call-bug-in-parity-ethereum-client
► China’s CBDC Is “speculation” – https://twitter.com/globaltimesnews/status/1166544019192549376
► China’s Digital Bank Currency Research By Binance – https://info.binance.com/en/research/marketresearch/CBDC.html#fn14
► 40 Million ETH Added To Supply In 3 Years – https://www.trustnodes.com/2019/08/29/40-million-eth-added-to-supply-in-the-past-three-years
► Brexit Is Forcing Coinbase To Move Euro Accounts – https://www.trustnodes.com/2019/08/30/brexit-forcing-coinbase-to-move-euro-accounts
► PNC = First Bank On RippleNet – https://www.fintechfutures.com/2019/08/pnc-becomes-first-us-bank-on-ripplenet/
► RippleNet Site – https://www.ripple.com/ripplenet/
► Coinbase Research Shows Education For Crypto Has Grown – https://blog.coinbase.com/highereducation-c4fb40ecbc0e
► Boeing Joins Hashgraph Governing Council – https://www.coindesk.com/boeing-becomes-latest-member-of-hedera-hashgraphs-governing-council
► Anne Frank Quote – https://twitter.com/rogerkver/status/1167085875383037953
🚩 Remember to subscribe and hit the bell “🔔” icon, so you don’t miss your daily cryptocurrency news!
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**Nothing I state, share, express, or allude to should be considered professional advice or recommendations of action. This channel is intended for educational and entertainment purposes only. All content contained within is all just my own opinion and experience. Consult a professional (or two…or more) for any tax, accounting or legal related questions you may have.
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🛑 Japanese crypto exchange bitpoint suffers a hack worth $32 million. New startup named Fold brings lightning network payments to Amazon, Whole Foods and allows you to spend your bitcoin. President Trumps tweets about bitcoin has the entire cryptocurrency community oddly excited, and other big tech company such as Google may debut their cryptos after libra goes live.
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✅ Articles & Links Covered:
1) Japanese Crypto Exchange Bitpoint Suffers $32 Million Hack: https://cointelegraph.com/news/japanese-crypto-exchange-bitpoint-suffers-32-million-hack
2) BITPOINT HACK: JAPAN STILL MOST AFFECTED BY CRYPTO HEISTS: https://bitcoinist.com/bitpoint-hack-japan-still-most-affected-by-crypto-heists/
3) Bitcoin Startup Brings Lightning Network Payments to Amazon, Whole Foods: https://cointelegraph.com/news/bitcoin-startup-brings-lightning-network-payments-to-amazon-whole-foods
4) Trump Tweeting About Bitcoin Is ‘Achievement Unlocked,’ Says Coinbase CEO: https://cointelegraph.com/news/bitcoin-industry-celebrates-achievement-unlocked-as-trump-pumps-market
5) ‘Google Coin’ Within 2 Years as FANGs Will Go Crypto, Say Winklevoss: https://cointelegraph.com/news/google-coin-within-2-years-as-fangs-will-go-crypto-say-winklevoss
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I am a not a Financial Adviser & this is NOT financial advice. These are just my opinions. I am not responsible for any investment decisions that you choose to make. I may or may not hold the cryptocurrencies / securities / investments talked about in this video. Please visit CFP.net to find a Certified Financial Advisor in your area.
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What is the best way to manage Lightning channels? How usable is the Lightning Network, in comparison to email? How do you re-balance a channel? In what scenario are payment channels useful? Can you identify on-chain transactions for payment channels? Why will Taproot make this more difficult?
More about splicing in this episode of Let’s Talk Bitcoin: https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-389-revisiting-lightning-part-1
UPDATE: Just yesterday, Pieter Wuille wrote about the BIPs for the Taproot soft fork here: https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2019-May/016914.html
These questions are from the January monthly subscriber session, the Buenos Aires event, and the fifth session of MOOC 11, which took place on January 26th, January 29th, and March 1st 2019 respectively. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop
Bitcoin, Lightning, and Streaming Money – https://youtu.be/gF_ZQ_eijPs
The Internet of Money: Five Years Later – https://youtu.be/6xIq0FdmsIA
The Lightning Network – https://www.youtube.com/playlist?list=PLPQwGV1aLnTurL4wU_y3jOhBi9rrpsYyi
Wallets, nodes, and monetary sovereignty – https://youtu.be/8Hb3tUn8s4E
Honest nodes and consensus – https://youtu.be/KAhY2ymI-tg
Node compatibility, Lightning, and incentives -https://youtu.be/x1on0sdTU4M
Why running a node is important – https://youtu.be/oX0Yrv-6jVs
Software distribution security – https://youtu.be/_V0vqy046YM
Protocol development security – https://youtu.be/4fsL5XWsTJ4
What is rendezvous routing? – https://youtu.be/vnDiJJoPESo
Unspent transaction output (UTXO) – https://youtu.be/ZCsakXHiwlw
Lightning clients, capacity, and dust – https://youtu.be/HFJRXYkbyPQ
How to get people to care about security – https://youtu.be/Ji1lS9NMz1E
Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.
Follow on Twitter: @aantonop https://twitter.com/aantonop
He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.
Subscribe to the channel to learn more about Bitcoin & open blockchains; click on the red bell to enable notifications about new videos!
MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9
Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/
THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs
THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ
Translations of THE INTERNET OF MONEY:
Spanish, ‘Internet del Dinero’ (v1) – https://amzn.to/2yoaTTq
French, ‘L’internet de l’argent’ (v1) – https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390
Russian, ‘Интернет денег’ (v1) – https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-deneg
Vietnamese, ‘Internet Của Tiền Tệ’ (v1) – https://alphabooks.vn/khi-tien-len-mang
MASTERING ETHEREUM (Q4): https://amzn.to/2xdxmlK
Music: “Unbounded” by Orfan (https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
Is Cardano getting listed on Coinbase? Mattie also talks about Theta launching its mainnet, Bitcoin Lightning Network, and the latest from Ethereum and Joseph Lubin. Mattie also talks about Andrew Yang and his positive outlook on Bitcoin BTC.
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How #Ethereum Applications Earn A+ Security Ratings
Ethereum Co-Founder Joseph Lubin: Blockchain Will Be Most of the Economy in 10-20 Years
Is #Cardano (ADA) Getting Listed on Coinbase?
#BITCOIN LIGHTNING NETWORK HITS 1,000 BTC CAPACITY ON ITS ONE YEAR ANNIVERSARY
Crypto Market Adds $4 Billion in 24 Hours
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Lightning Bitcoin (CRYPTO:LBTC) Price Hits $2.25 on Top Exchanges26/2/2019
Lightning Bitcoin (CURRENCY:LBTC) traded up 1% against the U.S. dollar during the 24-hour period end…
#Lightning #Bitcoin #CRYPTOLBTC #Price #Hits #$225 #on #Top #Exchanges26/2/2019
Bitcoin Lightning Network Many Problems -Solutions Bitcoin Myk