Analysis Today TheBitTimes.com

Libra co -creator David Marcus says Bitcoin’s alternatives are too centralized and not secure enough. Lightspark CEO David Marcus is apparently a big fan of Bitcoin (BTC), as he believes that the cryptocurrency made by Satoshi Nakamoto is the only “viable neutral settlement asset” that can “usher in a new era of global real-time payments.” Lately, there's been more debate around the value of the #Bitcoin Lightning Network. Based on the work we've been doing @Lightspark for the past 18 months, I will share my honest view. First things first — Bitcoin is the only viable neutral settlement asset and network that can… — David Marcus (@davidmarcus) November 19, 2023 In a recent X post published on Nov. 19, Marcus — who’s now a Chief Executive of crypto startup Lightspark, which works on the Lightning Network — categorically rejected altcoins , saying other cryptocurrencies distinct from Bitcoin are “too centralized , not secure ...

Bitcoin Lightning Network adoption receives a boost with the launch of USD payments and decentralized social media platform, Nostr. Bitcoin’s Lightning Network (LN) capacity recently surpassed an all-time high of 5,000 BTC.  The Lightning Network is a neutral protocol built on top of Bitcoin and currently it does not have a “native” token attached to it like many decentralized finance platforms. Although the Lightning Network’s total liquidity is less than 0.5% of the ETH in DeFi contracts, the uptrend in Bitcoin’s LN capacity versus a downtrend in the amount of ETH locked in smart contracts is encouraging for LN development. Total ETH locked in DeFi contracts (top) and total BTC in Lightning Network channels (bottom). Source: DefiLlama While the liquidity on the LN has been rising consistently, the number of channels on the peer-to-peer network dropped drastically in November following the FTX collapse. It could be due to an exodus of miners operating LN nodes besides running mining ...

MicroStrategy’s Lightning Network solutions include Satoshi-powered incentives for marketing and website cybersecurity. MicroStrategy executive chairman Michael Saylor has shared his firm’s plans to release Bitcoin Lightning Network-powered software and solutions in 2023. In a recent Twitter Spaces on Dec. 28, Saylor shared that the company is exploring software and solutions that utilize the Lightning Network, such as solutions that “support” enterprise marketing as well as a cybersecurity solution aimed at corporate websites. The Lightning Network is a layer-2 payment protocol layered on top of Bitcoin’s Blockchain that allows for off-chain transactions, raising payment throughput and lowering transaction fees. The business intelligence and tech company, known for its massive Bitcoin holdings, has been looking to beef up its Lightning Network-versed team, most recently announcing it was looking to hire a Bitcoin Lightning Software Engineer to build a Lightning Network-based software...