BitFury successfully tested Lightning Network

Promising Bitcoin scalabilty solution was successfully tested 
21 July 2017   1320
Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks.

Bitcoin and Blockchain technologies provider Bitfury conducted a successful experiment with Lightning Network technology by sending real bitcoins to the test version of the protocol. This is reported by the Bitcoin Magazine.

As the publication notes, BitFury implementation of the technology is compatible with the current bitcoin protocol and, accordingly, can work without the Segregated Witness (SegWit) protocol.

This is a major accomplishment by our technical team and an important step forward for the Lightning Network and the growth of Bitcoin. The Lightning Network has the potential to solve Bitcoin’s scalability issue and provide instant payment functionality. By demonstrating that the Lightning Network can function now, Bitfury has cleared the way to increased transaction processing and further adoption of Bitcoin. The Lightning Network will be the most effective when used with SegWit, which is why we are fully committed to SegWit’s implementation, and we will continue working on a version of the Lightning Network that is compatible with SegWit.
 

Vitaliy Vavilov
The Bitfury Group, CEO

Lightning Network represents the decision on scaling bitcoin thanks to which instant and inexpensive microtransactions should become possible. 

Bitcoin

Is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen.

During its experiment, the BitFury team created two LN transactions. One of them was a direct transaction from one node to another, which actually simulated the payment channel between the two users. Available here.

The second experiment was to create a single-hop transaction, designed to better simulate the main task of the Lightning Network. Users pay each other through a common third-party trust. Available here.

It is noted that since this was just a test, the developers in both cases limited themselves to only one transaction, although they could create thousands of such transactions without additional costs.

The most interesting thing about the experiment is that it was held with real Bitcoins, in valid protocol.

Feb 22: New Crypto Listings on Exchanges

From this article you will learn which cryptocurrencies are listed on exchanges on February 22 of 2018
22 February 2018   121

There is a non-stop turnover of cryptocurrencies on the popular crypto exchanges, and there are a lot of digital coins and tokens being listed on the exchanges every day. From this article you will get to know which currencies and trading pairs will be added to the exchanges on February 22 of 2018.

DADI (DADI)

Exchanges: COBINHOOD

DADI is an acronym for Decentralised Architecture for a Democratic Internet. DADI provides a ready-to-roll Web Services framework with data at its heart, enabling the creation of real time, individually targeted experiences.

dadiDADI charts

Crypto Exchange: COBINHOOD
Category: token
Price at the moment of press: 
$0,4
24h volume: $2 895 490
Website and Explorer

Fusion (FSN)

Exchange: COBINHOOD

FUSION is a public blockchain devoting itself to creating an inclusive cryptofinancial platform by providing cross-chain, cross-organization, and cross-datasource smart contracts.

FSNFSN charts

Crypto Exchange: COBINHOOD
Category: token
Price at the moment of press: 
$3,44
24h volume: $770 519
Website and Explorer

Neuromation (NTK)

Exchanges: COBINHOOD

Neuromation is a blockchain platform (the “Neuromation Platform”) for the distributed generation of synthetic, labeled datasets for training of deep neural networks. The Neuromation Platform implements the principle of “knowledge mining”, which assumes that the computing power of mining rigs not only supports abstract blockchain cryptographic computing but also serves to solve specific practical problems that have a physical meaning.

ntkNTK charts

Crypto Exchange: COBINHOOD
Category: token
Price at the moment of press: 
$0,7
24h volume: $307 699
Website and Explorer

Substratum (SUB)

Exchange: COBINHOOD

Substratum is creating an open-source foundation for a decentralized web which will provide unrestricted access to content and sharing of information for users across the globe. Its mission is to bring forth the free and fair internet of the future by combining proven technological building blocks with emergent technologies in an innovative and holistic way to help solve many of the problems that plague the modern interne

subSUB charts

Crypto Exchange: COBINHOOD
Category: coin
Price at the moment of press: 
$0,6
Market cap: $148 673 215
Website and Explorer

Metal (MTL)

Exchange: Lykke

The MTL Token is an Ethereum ERC20 Token that uses MetalPay's unique Proof-of-Processed Payments (PoPP) to identify and reward users. Metal is a professional grade mobile application and backend that allows users to manage cryptocurrency and FIAT funds. By creating an easy to use interface, Metal bridges the gap between the existing learning curve to use cryptocurrency and the needs of users to interact with traditional currencies for payment.

mtlMTL charts

Crypto Exchange: Lykke
Category: token
Price at the moment of press: 
$4,24
Market cap: $81 804 561
Website and Explorer

Our team is continuously updating all the most relevant information regarding all newest tokens and coins which are hitting the markets and exchanges in 2018.