Economist Alex de Vries, who published an article on “Bitcoin’s Growing Energy Problem,” yesterday, May 16, in scientific journal Joule, told the Independent that Bitcoin (BTC) mining will use 0.5 percent of the world’s energy by 2018.
Lightning networks first android application Based on Bitcoin has been made available on Google play store. This I accessible to the android users running 5.0 and above software version.
A rumour about a cyber-attack on the Lightning Network’s nascent mainnet implementation has been confirmed by a mysterious Bitcoin developer named bitPico.
Lightning Network could be the ultimate scalability solution to the increasing backlog in the Bitcoin network.