RE: What’s The Latest?
The thread about the Bitcoin and crypto news sites got me thinking and I thought I’d post this for anyone who has any interesting new Bitcoin related news stories they’d like to post.
Here’s one on the latest progress with the Lightning Network
BITCOIN LIGHTNING NETWORK CAPACITY QUADRUPLES SINCE NOVEMBER
“Last month alone saw the network top 4,000 nodes and then explode in capacity to over $2 million value of bitcoin. Though the value of bitcoin has since fallen, in terms of BTC the capacity has nevertheless continued to rise. According to data from p2sh.info, it had reached 460 BTC at press time.
The number of open channels has also continued to rise, breaking 16,500, while nodes have increased to 4300+.”
” Tyler explained that his and Cameron’s “thesis [on] Bitcoin’s upside remain unchanged,” even in spite of the bear market that ravaged cryptocurrencies and their respective communities throughout 2018. Their investment thesis, for those who missed the memo, is that Bitcoin is “better at being gold than gold itself” — a sentiment held by many long-standing cryptocurrency investors. So, Tyler noted that as this industry continues to develop, Bitcoin will continue eating up bits of gold’s market capitalization, until the cryptocurrency passes its physical counterpart. ”