BlockStream

Blockstream c-Lightning client developer Rusty Russell suggested raising the default transaction fees on the Lightning Network from 1 satoshi to 5 satoshi, as well as charging an additional 0,0005% of the payment instead of 0.000001%. Russell’s proposal was supported by ACINQ CEO Pierre-Marie Padua and Jack Mollers, founder of Zap Solutions. However, other developers believe that a single proposal from the three largest […]

The Bitfinex Bitcoin exchange and the EOSFinex decentralized trading platform have successfully completed the cross-chain conversion of 5 million USDT to the EOS blockchain, reports Cointelegraph. Exchanges believe this will protect decentralized EOS applications from the volatility of digital assets. According to the statement, 49 of the top 100 dApps are already running on the protocol. The next goal is to fully launch EOSFinex on the main network. Recall, Tether launched […]

Blockstream developer Rusty Russell has revealed more details about the Lightning Network vulnerability, which first became known in late August. ICYMI: Here are all the details of the recent Lightning bug. https://t.co/NVzKmGW5I6 – TheRustyTwit (@rusty_twit) September 27, 2019 As Russell wrote, the vulnerability arose during the creation and replenishment of Lightning Network channels. In particular, […]

Olaoluva Osuntokun, Technical Director of Lightning Labs and ACINQ, confirmed the cases of practical exploitation of the vulnerability in the Lightning Network protocol, the existence of which became known at the end of August. In a message on the Linux Foundation portal, Osuntokun noted that cases of exploitation of the vulnerability in the Common Vulnerabilities and Exposures database were indeed recorded, and again reminded of the need to update clients to […]

Blockstream CEO Adam Beck said that at the moment, the Bitcoin dominance index is returning to a normal average of 90%. He stressed that until June 2016, this indicator never fell below 99%, and until February 2017 – below 95%. It's a reversion to mean: bitcoin dominance The whole thing lasts about 2.5years https://t.co/ECBwYHIhp6 […]

Bitcoin developer Rusty Russell discovered a vulnerability in various Lightning Network (LN) implementations that could lead to a loss of funds. Upgrade #lightning nodes please! c-lightning <0.7.1, lnd <0.7, eclair <= 0.3 vulnerable: https: //t.co/4E2hHUy386 – TheRustyTwit (@rusty_twit) August 30, 2019 According to him, users of the Eclair wallet from French startup ACINQ, c -lightning from Blockstream and the lnd client from Lightning Labs […]

Blockstream, a leading provider of bitcoin and blockchain solutions, announced the opening of two large centers for cryptocurrency mining. Today we're excited to reveal Blockstream Mining and Pool, providing enterprise-class mining equipment colocation in our US & Canada data centers, and the first-ever #BetterHash mining pool for a stronger, more decentralized #Bitcoin network. ?⛏️⛓️ https://t.co/sMVTTJNNep pic.twitter.com/EeQwuqyrB9 – Blockstream […]