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Binance is looking to incorporate the bitcoin (BTC) lightning network to address concerns regarding the speed and cost associated with BTC transactions. Binance is in high gear to adopt the Bitcoin (BTC) Lightning Network to curb issues, such as withdrawal blackouts witnessed during network congestion.  Through its official Twitter page, crypto exchange Binance has disclosed that it is gearing up for the BTC Lightning Network to make deposits and withdrawals faster and easier. #Binance is working to integrate the #Bitcoin Lightning Network for deposits and withdrawals. Some eagle-eyed users spotted our new lightning nodes recently. Yes – that's us! However, there's still more tech work to be done. We'll update once Lightning is fully integrated. https://t.co/N0oN8561sN — Binance (@binance) June 20, 2023 The exchange revealed that it has already rolled out new lightning nodes, as seen by some users. Nevertheless, more work is needed to make the ...

Bitcoin, the original blockchain, struggles to gain traction among blockchain advocates; an opinion from one of Europe's largest blockchain conferences. Bitcoin (BTC) popularised the term blockchain. Blockchains, or “decentralized and distributed digital ledgers used to record transactions across a network of computers,” have been around for over thirty years, the household name for a blockchain is Bitcoin.  That’s despite the fact that the Genesis block was mined well over 14 years ago when George W. Bush was president and “I Gotta Feeling” by Black Eyed Peas topped the charts–Bitcoin is still top of the blocks. It’s to be expected, then, that most blockchain advocates would have used, understood or a the very least experimented with Bitcoin. Nope. Not so. Speaking with Victoria Gago, co-founder of the European Blockchain Conference. Source: José Val Bal Here’s an example. While MC’ing at the European Blockchain Conference in February, I asked the audience for a show of hands. ...