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Stellar Gears Up to Implement Lightning Network

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Last week, on March 15, 2018, Lightning Labs unveiled their beta for the Lightning Network in a flash of media attention and enthusiasm. The Lightning Network has been...

SegWit transaction capacity increase compared to Bitcoin Cash

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Abstract: In September 2017, we wrote a piece on the SegWit capacity increase. Here, we provide an update on SegWit adoption with six more months of transaction...

How Does Cloud Mining Bitcoin Work?

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If you want to invest in bitcoin mining without the hassle of managing your own hardware, there is an alternative. You can use the cloud to...

A Beginner’s Guide To Bitcoin & Blockchain Technology

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Interested in knowing about BITCOIN? Then you are at right place, Bitcoinfy.net provides vivid information about Cryptocurrencies and Bitcoin in detail. ARE YOU A BEGINNER? Bitcoinfy.net vindicates brief...

Lightning Network Centralization Leads to Economic Censorship

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A few months ago, I wrote an article called “Mathematical Proof That the Lightning Network Cannot Be a Decentralized Bitcoin Scaling Solution”. It received quite a bit of...

Lightning’s First Implementation Is Now in Beta

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Today, March 15, Lightning Labs announced lnd 0.4-beta, the first beta release of the Lightning software implementation spearheaded by the development company. This makes lnd the first...

Bitcoin Controlled supply

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Bitcoins are created each time a user discovers a new block. The rate of block creation is adjusted every 2016 blocks to aim for...

The Inbound Capacity Problem in the Lightning Network

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In the last couple of weeks, many people in the Bitcoin community have been talking about inbound capacity in the Lightning Network. The increasing difficulty...

What are Bitcoin Mining Pools?

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One of the first questions that anyone interested in mining cryptocurrencies faces is whether to mine solo or join a 'pool'. There are a multitude...

How to Set Up a Bitcoin Miner?

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There are three main categories of bitcoin mining hardware, each more expensive and more powerful than the last. This guide to setting up a...

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