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Lightning Is Doomed

[Nov 27, 2023 11:02 AM] Lightning is doomed. High fees from Ordinals have killed all hope of scaling Bitcoin non-custodially, there is no chance at all that people will be able to cost effectively open channels or enforce hung payments on-chain when necessary. It’s all…

DEMAND Launches World’s First Stratum V2 Bitcoin Mining Pool

[Nov 27, 2023 9:25 AM] Bitcoin mining company DEMAND has announced today the world’s inaugural Stratum V2 mining pool, according to a press release sent to Bitcoin Magazine. This pool, built on the open-source Stratum Reference Implementation (SRI), aims…

Bitcoin Mining Difficulty Hits New Record High With 5% Rise

[Nov 26, 2023 1:00 PM] The Bitcoin mining difficulty has witnessed another increase in 2023, bringing the metric to a new all-time high. The Bitcoin “difficulty” is a vital aspect of the network that controls the rate at which new blocks are added to the blockchain at a…

Bitcoin: The Future Of Money Or The Esperanto Of Money?

[Nov 24, 2023 9:02 AM] Some fifty-odd years ago, I purchased a small pamphlet that promised to teach me the rudiments of “the international language” – Esperanto. The shirt-pocket sized booklet contained a half-dozen pages of grammar and a vocabulary of a few hundred…

Ripple CEO Offers Perspective On Legal Fallout With The SEC

[Nov 24, 2023 9:00 AM] Brad Garlinghouse, the CEO of Ripple, expressed his views on the aftermath of their legal battle with the US Securities and Exchange Commission (SEC). Ripple CEO Insights On The SEC’s Stand In The Legal Battle The Ripple CEO spoke about the…