Average BTC Block Size Hit 2 Year Minimum

Now average Bitcoin block is just 515 kilobytes big
20 March 2018   1385

515 KB  is the average block size in the network of bitcoin in recent days. As Armin van Bitcoin at Twitter noteed, this is due to general technical improvements in the protocol.

For example, Armin van Bitcoin is convinced that such numbers became possible due to batching of transactions in the work of a number of large bitcoins, growing acceptance of the SegWit protocol, as well as increasingly frequent off-line transactions (for example, in the Lightning Network) .

Armin van Bitcoin at Twitter
Armin van Bitcoin at Twitter

Activated in the network bitcoin in August 2017 protocol SegWit makes it possible to increase the block to 4 MB, thus refuting the allegations of the apologists for various forks of the first crypto currency that only their implementation can solve the problem of scaling.

Lightning Desktop App to be Launched in BTC Mainnet

The application, which is based on the lightweight Neutrino client, is available for the macOS, Windows and Linux, however, it's oriented fro test environment
24 April 2019   152

Lightning Labs, a leading developer of solutions for the Lightning Network, announced the launch of its desktop wallet in the main Bitcoin network. An application that was previously tested in a test network is available in the alpha version.

The application, which is based on the lightweight Neutrino client, is available for the operating systems macOS, Windows and Linux, however, as the developers emphasize, is still oriented primarily to the test environment. At the same time, more advanced users can also experiment with the wallet interface and get access to their funds.

Lightning App Desktop Version Screenshot
Lightning App Desktop Version Screenshot

The Neutrino client allows non-custodial Lightning wallets to verify Bitcoin transactions without the need to synchronize with the full version of the blockchain.

The new release includes such a function as displaying a single balance, which will allow users to see the cumulative number of coins both in the network base and in the payment channels by percentage.