LIGHTNING HITS BITCOIN MAINNET ON CHRISTMAS DAY - PRICE MAY HIT AT LEAST $40k IN THE YEAR OF 2018

Today I've just read a fantastic news of Bitcoin Lightning Network deployment on Bitcoin's mainnet from bitcoinist news site. It's a great news I think. The past few weeks Bitcoin fees and confirmation time goes skyrocket. Now, a BTC tx costs around $15. And lower lower fees means higher confirmation time (about 2-3 days). So, it's now very hard for Bitcoin to be a fast payment system. There is only one solution is available for Bitcoin is now "Lightning Network". Because, the core developer of Bitcoin refused many times to upgrade its blocksize from typical 1 MB. However, Segregated Witness has successfully been depolyed on Bitcoin blockchain and is temporary trying to solve scaling issues. But, SegWit is not enough to be a permanent solution. So, "Lightning Network" deployment is badly needed.

Vortex , cryptocurrency trader and commentator stated on 25 December that " Lightning’s RC1 has had a tentative release and “mainnet (transactions) have been completed.”

When "Lightning Network"goes live on Bitcoin blockchain then instantaneous transactions will be made possible and there will be a very low fees will be needed to make a transaction. User can send satoshis also like as 0.00000001 BTC without facing any risk. And also creating smart contracts on Bitcoin blockchain will be possible through this.

You may read the original full news here : https://bitcoinist.com/lightning-network-mainnet-beta-soon/

Tags : Bitcoin, News, Cryptocurrency, Blockchain, Crypto Markets,

This Post Was Published On My Steemit Blog. Please, navigate to steemit and cast a free upvote to help me if you like my post. First Time heard about Steemit ? Click Here To Know Everything About Steemit

$3 Donation [Fixed]

Donate

$Any Amount

Comments

Colored Smoke [An Original Abstract Art]

colored smoke Tags : Abstract, Art, Drawing, Painting, This Post Was Published On My Steemit Blog . Please, navigate to steemit and cast a free upvote to help me if you like my post. First Time heard about Steemit ? Click Here To Know Everything About Steemit $3 Donation [Fixed] Donate $Any Amount

One Black & White Photograph Daily for 30 days - Day #25

I took this photograph from shibpur botanical garden. The full-name of this botanical garden is "Acharya Jagadish Chandra Bose Indian Botanic Garden". This botanical garden is situated in Shibpur, Kolkata. Camera : SONY Model : DSC-W800 Location : Botanical garden, Kolkata, West Bengal, India Snap Taken : 27 July 2016 Tags : Black & White Photography, Flowers & Plants photography, Landscape photography, Nature, Photography, This Post Was Published On My Steemit Blog . Please, navigate to steemit and cast a free upvote to help me if you like my post. First Time heard about Steemit ? Click Here To Know Everything About Steemit $3 Donation [Fixed] Donate $Any Amount

A short article on "flying dinosaurs"

image credit We are all familiar to Pterodactyl, the flying dinosaur. But, actually there existed so many flying dinosaurs. The common name of all this “flying dinosaurs” is Pterosaurs. There are about 130 genus of Pterosaurs existed in the jurassic period. Here I listed some of them — 1. Pterodactyl The Pterodactyls had a couple of very wide wings up to 40 feet long. But, these wings are not similar to modern bird’s wings. There were no feathers , their wings were made of a leathery substance. They lived near the sea in the cave & trees. They ate sea fish, large insects & other small dinosaurs. We found their fossils in Europe, North America, Australia, and Africa. Pterodactyl image credit Pterodactyl Fossil image credit 2. Petinosaurus Petinosaurus wings were formed by membranes of skin and other soft tissues. And also there were no feathers on their wings. These types of flying dinosaurs are small in size than Pterodactyl. Food habit is the same a...

One Black & White Photograph Daily for 30 days - Day #07

unknown flowers in the park Camera : Nokia Model : N78 Location : Kolkata, West Bengal, India Snap Taken : 25 May 2009 Tags : Black & White Photography, Flowers & Plants photography, Landscape photography, Nature, Photography, This Post Was Published On My Steemit Blog . Please, navigate to steemit and cast a free upvote to help me if you like my post. First Time heard about Steemit ? Click Here To Know Everything About Steemit $3 Donation [Fixed] Donate $Any Amount

Amazing arts by unknown artists - Series #36

I captured all these art photographs in the Kolkata Book Fair, 2018. I tried to know the original artists of these awesome arts, but, failed. Enjoy this awesome arts. All credits goes to the unknown artists :) To Be Continued.. Previous Episodes : Episode#01 , Episode#02 , Episode#03 , Episode#04 , Episode#05 , Episode#06 , Episode#07 , Episode#08 , Episode#09 , Episode#10 , Episode#11 , Episode#12 , Episode#13 , Episode#14 , Episode#15 , Episode#16 , Episode#17 , Episode#18 , Episode#19 , Episode#20 , Episode#21 , Episode#22 , Episode#23 , Episode#24 , Episode#25 , Episode#26 , Episode#27 , Episode#28 , Episode#29 , Episode#30 , Episode#31 , Episode#32 , Episode#33 , Episode#34 , Episode#35 Tags : Art, Drawing, Fine arts, Painting, Photography, This P...

One Black & White Photograph Daily for 30 days - Day #25

green yard - behind of my village home Camera : Xiaomi Model : 2014818 Location : Bongaon, West Bengal, India Snap Taken : 14 March 2016 Tags : Black & White Photography, Flowers & Plants photography, Landscape photography, Nature, Photography, This Post Was Published On My Steemit Blog . Please, navigate to steemit and cast a free upvote to help me if you like my post. First Time heard about Steemit ? Click Here To Know Everything About Steemit $3 Donation [Fixed] Donate $Any Amount

Visiting deep inside the Sundarbans & spent days with Bawali - Episode #06

In the last October-November I visited Sundarbans, the world's one of the largest mangrove forest. It was also declared as world heritage site by UNESCO in 1997. In this forest a numerous wildlife species exist - birds, reptiles, fishes, amphibians and also the king of the forest "Royal Bengal Tiger". The ganges dolphins & crocodiles are also living in the canals of Sundarbans. Chital is a one kind of spotted deer living in this forest. The rural life in the area of this coastal forest is also very attractive. They basically maintain their lives by collecting honey, woods and fishes. In the native language they are called as Bawali. I spent some days with them. Here I share some of my tour photographs of Sundarbans and Bawali -- Time to land ..... preparing to go deep inside the jungle After landing on the bank of the canal....... in the forest Camera : SONY Model : DSC-W710 Location : Sundarbans, West Bengal, India Snap Taken : 03 Nov 2017 To Be Continued....

Monkeys playing in a tree - Shot#4 [Last shot]

A few monkeys playing in a tree......... Camera : Xiaomi Model : 2014818 Location : Dakshineswar, West Bengal, India Snap Taken : 06 Jan 2018 Tags : Animals photography, Photography, Wildlife, Wildlife photography, This Post Was Published On My Steemit Blog . Please, navigate to steemit and cast a free upvote to help me if you like my post. First Time heard about Steemit ? Click Here To Know Everything About Steemit $3 Donation [Fixed] Donate $Any Amount

The Real Face Of India - Episode 118

The Real Face Of India - Episode#118 I believe that India is the most beautiful country in the world. In this series I show the real face of beautiful India. Half Dozen Photos of Natural Beauties Snap taken : 22 Jan 2018 Camera : SONY, Model : DSC-W710 Other Episodes : Episode#01 , Episode#02 , Episode#03 , Episode#04 , Episode#05 , Episode#06 , Episode#07 , Episode#08 , Episode#09 , Episode#10 , Episode#11 , Episode#12 , Episode#13 , Episode#14 , Episode#15 , Episode#16 , Episode#17 , Episode#18 , Episode#19 , Episode#20 , Episode#21 , Episode#22 , Episode#23 , Episode#24 , Episode#25 , Episode#26 , Episode#27 , Episode#28 , Episode#29 , Episode#30 , Episode#31 , Episode#32 , Episode#33 , Episode#34 , Episode#35 , Episode#36 , Episode#37...

Seven Day - Black & White Challenge: [Day #07]

Seven day black & white challenge: [Day #07] Some simple rules must be obeyed to be eligible in this contest • Seven black and white images that represent an aspect of your life. • Present one image every day for seven days. • No people. • No explanation. • Nominate someone every day, but anyone can join the fun. • Use the tag - #sevendaybnwchallenge - as one of your five tags. My Today's Nomination : @bhoa Tags : Black & White Photography, Flowers & Plants photography, Landscape photography, Nature, Photography, This Post Was Published On My Steemit Blog . Please, navigate to steemit and cast a free upvote to help me if you like my post. First Time heard about Steemit ? Click Here To Know Everything About Steemit $3 Donation [Fixed] Donate $Any Amount

Search This Blog