Bitcoin

SegWit Inventor Pieter Wuille Joins Lightning Torch Bitcoin Relay

Veteran cryptographer and Segregated Witness (SegWit) inventor Pieter Wuille has become the latest high-profile figure to participate in the Bitcoin Lightning Network’s Lightning torch event. ‘We Wouldn’t Be Here Without You’ Wuille, whom many regard as instrumental in Bitcoin’s success, saw considerable positive feedback as he ‘took’ the Lightning Network (LN) Torch — a gesture […]

Bitcoin

Bitcoin Can’t Be Stopped By Politics – Lightning ‘Torch’ Goes From Iran to Israel

The Lightning Network ‘torch’ payment has reached Israel after it was sent by an Iranian in a symbolic gesture of peace between the two nations. The historic occasion proves that Bitcoin is truly an apolitical and borderless money technology. #LNTrustChain Keeps Growing As reported previously by Bitcoinist, concerns over censorship didn’t stop the #LNTrutChain, otherwise […]

Bitcoin

Bitcoin’s Lightning Torch Global Transaction Hits Iran After Censorship Concerns

The Lightning Torch transaction relay using Bitcoin’ and the Lightning Network has crossed the border to Iran, days after complaints about censorship among participants. Satoshis Over Censorship Lightning Torch, which involves Bitcoin users passing around a transaction on the Lightning Network, adding funds and sending it forward, has gained significant interest since it began its […]

Bitcoin

LinkedIn Founder, Fidelity Latest to Carry Bitcoin’s ‘Lightning Torch’

An ongoing experiment with bitcoin payments technology, the lightning network, continues to see support from some big name individuals and companies. The latest to receive a payment in a chain of transaction now known as the”Lightning Torch” are the digital assets team at financial giant Fidelity Investments and LinkedIn co-founder Reid Hoffman, both of whom […]

Bitcoin

‘Very Sad’: Lightning Torch Creator Laments Exclusion of Iranian Bitcoin User

The Lightning Network (LN) faced unusual censorship allegations this weekend after it emerged a participant in the Lightning Torch event refused to include a member from Iran. Sending Transaction To Iran ‘Very Difficult’ In a debacle which continues to unfold on social media, Coinex executive Ziya Sadr confirmed Peach Inc. senior software engineer Vijay Boyapati […]

Bitcoin

Torch Secured: Fidelity Investment’s Crypto Division Joins Bitcoin Lightning Trust Chain

It isn’t a secret that the Lightning Network, a second-layer solution aimed at easing the qualms Bitcoin faces with scalability, has seen monumental levels of adoption as of late. The ecosystem has seen its maximum capacity swell over the 700 BTC milestone, cementing its viability as a system that provides cost-efficient, rapid, secure, and more […]

Bitcoin

Fidelity Becomes First Financial Institution to Take Bitcoin Lightning ‘Torch’

Fidelity Digital, the digital assets arm of Fidelity Investments, has become the first financial institution to receive the so-called bitcoin payments ‘torch’ that is being relayed from user to user around the globe via Bitcoin’s Lightning network.  Fidelity Becomes First Bank to Take the #LNTorch With more than 27 million customers, Fidelity manages $ 7.2 trillion […]