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Elizabeth Stark: Lightning Labs Co-Founder and CEO
Women founders in blockchain are rare. Elizabeth Stark, the co-founder, and CEO of Lightning Labs is one of the few who breaks the stereotype. Stark founded the company in 2016 to build blockchain scaling solutions. Read on to find out more about Elizabeth Stark and her role in crypto.Tether Teasing a New Mobile App?
Company’s CTO Paolo Ardoino has shared his excitement about a mobile app designed to facilitate international purchases settlements B2B, B2C and C2C based on USDT and XAUT payments. Notably, the app will also incorporate support for Bitcoin Lightning. Paolo stated that he envisions this app as the future of trade finance. Having personally reviewed the code, his experience as a developer has left him genuinely impressed. Currently, the app is in its testing stages, with more specifics yet to be unveiled.Avalanche fans have reason to rejoice.
The amount of bitcoins locked on the Avalanche network recently surpassed that of the Lightning Network. Snowtrace.io reports that Avalanche currently has almost 5,500 BTC, compared to less than 5,250 on the Lightning Network. However, they are all still a long way from Ethereum, as the number of wrapped bitcoins in this network is close to 180 thousand coins.Lightning Network and BTC: The Future of Global Payments
While the world remains engrossed with Bitcoin's market rallies, David Marcus and the team at LightSpark are looking at the bigger picture. Their ambitious endeavor to turn BTC into a global payment network could reshape our views on money, borders, and financial inclusivity.Taproot Assets to Resolve the Bitcoin Network Challenges
Lightning Labs, the developer of the Lightning Network, has introduced Taproot Assets v0.2, an updated version of its Taproot Assets protocol. Currently in the testnet phase, this upgrade aims to provide an innovative and potentially more efficient approach for adding new assets to Bitcoin's blockchain.Developer Discovers Bug in Bitcoin Ordinals Metadata System
A recently discovered bug in Ordinals, a system for writing digital collectibles onto the Bitcoin blockchain, has raised concerns and sparked a debate on how to address the issue. The bug was introduced by a developer known as Supertestnet, who initiated a transaction that didn't output a satoshi but was still considered valid in the Ordinals system. This caused the numbering system that Ordinals uses for inscriptions to be offset by one. Ordinals creator Casey Rodarmor acknowledged the bug on GitHub, expressing uncertainty about the best course of action to fix it. While the bug doesn't break the primary Ordinals system of tracking satoshis linked to collectibles, it affects the vanity metric of inscription numbers, which indicate the order in which each Ordinal collectible was created. Danny Diekroeger, founder of Bitcoin Lightning platform Deezy, downplayed the severity of the issue, stating that inscription numbers were already somewhat flawed. Another developer, Rijndael, agreed, noting that the bug should not impact the actual Ordinals themselves, but only the inscription numbering system. As developers and the community discuss potential solutions, it's clear that the bug raises questions about the reliability and security of the Ordinals system. While it may not be a major problem in the grand scheme of things, it serves as a reminder of the importance of ongoing development and testing in blockchain-based systems.The Twitter killer has arrived!
The App Store has approved Damus App, dubbed the "Twitter killer" mobile app. The decentralized social network accepts Bitcoin payments via the Lightning Network and has the endorsement of Jack Dorsey (former CEO of Twitter), who believes the project has a bright future. Now, Elon Musk, what do you think?1 - 19 of 19 results