Lightning Network Dev Announces Alpha Version of Node Monitoring Tool

The Lightning Network, a second-layer blockchain protocol designed to provide high-speed transactions for Bitcoin and other networks, has a new node monitoring tool.According to an official blog post, written by software developer Valentine Wallace on July 24, Lightning Labs has released an open source “drop-in, dockerized monitoring solution” for alpha testing called lndmon.One of the…

Lightning Labs Mobile App Gets 2,000 Downloads in 24 Hours

feature San Francisco-based Lightning Labs, focused on a layered scaling solution for bitcoin, released its first mobile app on Wednesday. According to Lightning Labs application developer Tankred Hase, roughly 2,000 users downloaded the app across both iOS and Android. Both his inbox and the inbox of his colleague, developer Valentine Wallace, were flooded with support…

Can Bitcoin’s Lightning Network Power Payments in a Japanese Bar?

news A bar in Japan is teaming up with a locally-based lightning startup to let customers pay for sparkling wine and soft drinks using the experimental payments network. For the month of June, the Japan-based lightning startup Nayuta will be partnering with Awabar Fukouka to trial the payment system in what they’re calling a “field…

Bitrefill’s ‘Thor Turbo’ Lets You Get Started With Bitcoin’s Lightning Faster

news Bitrefill has launched a new service that seeks to simplify the process of setting up payment channels on the lightning network, the experimental, layer-two initiative being built on top of bitcoin. Demoed for the first time Friday at the Understanding Bitcoin conference in Malta, the new service – dubbed “Thor Turbo” – helps users…

Latest Lightning Code Release Trolls With a ‘Block Size’ Increase

news The latest code version for the lightning network – often trumpeted as the future of bitcoin payments – includes a “block size increase.” One of the most active lightning implementations, LND, pushed out its newest “minor” release, version 0.5.2, of its beta code on Wednesday. Though it includes several changes from many contributors, mostly with the…