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Scientists Develop a Promising Ion Thruster for Space Exploration

October 19, 2017 BitNewz.net 0

TheMerkle X3 Ion Thruster MarsAny developments related to science and space are always of great interest to a lot of people. NASA has made a major breakthrough in humankind’s pursuit of traveling to and colonizing Mars one day. More specifically, the X3 thruster is seemingly more than capable of taking humans to Mars in the future. It’s a very ambitious goal, to be sure, and the X3 is a major development in the world of ion propulsion. The X3 Thruster is a Game Changer Scientists have successfully come up with a way to harness ion propulsion in a major way. A recent experiment conducted at NASA’s Glenn

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From Thailand to Malaysia: Southeast Asian governments embracing blockchain technology

October 19, 2017 Tim Alper 0

While everyone is talking about Japan and China, Southeast Asian governments like Thailand, Vietnam and Cambodia are getting increasingly involved with blockchain

The post From Thailand to Malaysia: Southeast Asian governments embracing blockchain technology appeared first on Crypto Insider – Bitcoin and Blockchain News.

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Russian Bitcoin Tycoon Expands Into Africa

October 19, 2017 BitNewz.net 0

Russian Bitcoin Tycoon Expands Into Africa … scene alongside Ethereum founder Vitalik Buterin and Bitcoin ambassador Andreas Antonopoulos.The post Russian Bitcoin Tycoon Expands Into Africa appeared first on bitcoinmining.shop.

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dstm’s ZCash Nvidia Miner v0.5.2 Available For Windows Now

October 19, 2017 BitNewz.net 0

The dstm’s ZCash Nvidia miner has been available for a while and we’ve been keeping a track, but it was only for Linux operating systems – not anymore. With the latest version 0.5.2 the miner is also released for Windows in a 64-bit binary and not anymore available only for Linux miners. The miner is […]

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What Lightning Will Look Like: Lightning Labs Has Announced Its User Interface Wallet

October 19, 2017 Aaron van Wirdum 0

What Lightning Will Look Like: Lightning Labs Has Announced Its User Interface Wallet

Development of the lightning network, the lightning networkthe highly-anticipated second-layer Bitcoin protocol for instant microtransactions, continues to inch forward.

Lightning Labs, major contributor to the lightning network daemon, lnd, announced its cross-platform Lightning Desktop App last week. The open-source lightning wallet is essentially a user interface (UI) built on top of lnd and powered by Lightning Labs’ new open-source Bitcoin light client, Neutrino.

“This is the first functioning user interface for both sending and receiving lightning transactions with a light client mode,” Lightning Labs CEO Elizabeth Stark told Bitcoin Magazine.

The lightning network is currently being developed by several teams working on different but interoperable implementations of the protocol. Several of these implementations are functional, though only on Bitcoin’s test network (“testnet”): a sort of copy of the Bitcoin network with valueless coins specifically designed for testing new applications and more.

But, while there are already several lightning daemons available for testnet, most are only usable via command line tools. Developers Olaoluwa Osuntokun, Bryan Vu and Case Sandberg collaborated to now extend lnd with the new Lightning Desktop App to provide a user interface.

“I think the big takeaway is being able to visualize this technology and see what an early UI might look like,” said Stark. “It’s one thing to be using the command line, as our lnd testers and developers have been, but it’s another to be able to download the app. Being able to see this kind of progress is important.”

As part of the announcement, Lightning Labs also introduced Neutrino, the new open-source Bitcoin implementation that powers the Lightning Desktop App. As a main benefit, Neutrino users don’t need to download the entire Bitcoin blockchain, which is currently over 140 gigabytes in size. This makes the desktop app much more accessible to regular users who transact small amounts, for which the lightning network is particularly suited. And because Neutrino uses a new method of transaction filtering (client side instead of bloom filters), it offers more privacy than most light clients, too.

The release of the new Lightning Desktop App kicks off a two-week “testing blitz,” as the company described it in their accompanying blog post. Developers are invited to experiment with the desktop app itself, as well as with Neutrino. Further, it makes it much easier for anyone to play around with lnd and the lightning network itself.

“The really cool thing about having our desktop app out there is now there’s an easy way for people to interact with all of the apps that developers are building on Lightning, such as Yalls,” said Stark.

After the two-week testing period, the implementation will enter a regular release cycle. Releasing the wallet for Bitcoin mainnet, however, could take a while longer still, Stark explained:

“We’re working toward testing and making the software more stable before releasing a beta. This is financial software and its a protocol dealing with money, so we want to ensure people can have a good user experience.”

There is no specific deadline for the beta release, but Stark added that, “The next step is for us to gather feedback from testers and develop it further, along with improvements in lnd and Neutrino.”

The open-source Lightning Desktop App code is available on GitHub.

The post What Lightning Will Look Like: Lightning Labs Has Announced Its User Interface Wallet appeared first on Bitcoin Magazine.

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What Lightning Will Look Like: Lightning Labs Has Announced Its User Interface Wallet

October 19, 2017 BitNewz.net 0

What Lightning Will Look Like: Lightning Labs Has Announced Its User Interface Wallet

Development of the lightning network, the lightning networkthe highly-anticipated second-layer Bitcoin protocol for instant microtransactions, continues to inch forward.

Lightning Labs, major contributor to the lightning network daemon, lnd, announced its cross-platform Lightning Desktop App last week. The open-source lightning wallet is essentially a user interface (UI) built on top of lnd and powered by Lightning Labs’ new open-source Bitcoin light client, Neutrino.

“This is the first functioning user interface for both sending and receiving lightning transactions with a light client mode,” Lightning Labs CEO Elizabeth Stark told Bitcoin Magazine.

The lightning network is currently being developed by several teams working on different but interoperable implementations of the protocol. Several of these implementations are functional, though only on Bitcoin’s test network (“testnet”): a sort of copy of the Bitcoin network with valueless coins specifically designed for testing new applications and more.

But, while there are already several lightning daemons available for testnet, most are only usable via command line tools. Developers Olaoluwa Osuntokun, Bryan Vu and Case Sandberg collaborated to now extend lnd with the new Lightning Desktop App to provide a user interface.

“I think the big takeaway is being able to visualize this technology and see what an early UI might look like,” said Stark. “It’s one thing to be using the command line, as our lnd testers and developers have been, but it’s another to be able to download the app. Being able to see this kind of progress is important.”

As part of the announcement, Lightning Labs also introduced Neutrino, the new open-source Bitcoin implementation that powers the Lightning Desktop App. As a main benefit, Neutrino users don’t need to download the entire Bitcoin blockchain, which is currently over 140 gigabytes in size. This makes the desktop app much more accessible to regular users who transact small amounts, for which the lightning network is particularly suited. And because Neutrino uses a new method of transaction filtering (client side instead of bloom filters), it offers more privacy than most light clients, too.

The release of the new Lightning Desktop App kicks off a two-week “testing blitz,” as the company described it in their accompanying blog post. Developers are invited to experiment with the desktop app itself, as well as with Neutrino. Further, it makes it much easier for anyone to play around with lnd and the lightning network itself.

“The really cool thing about having our desktop app out there is now there’s an easy way for people to interact with all of the apps that developers are building on Lightning, such as Yalls,” said Stark.

After the two-week testing period, the implementation will enter a regular release cycle. Releasing the wallet for Bitcoin mainnet, however, could take a while longer still, Stark explained:

“We’re working toward testing and making the software more stable before releasing a beta. This is financial software and its a protocol dealing with money, so we want to ensure people can have a good user experience.”

There is no specific deadline for the beta release, but Stark added that, “The next step is for us to gather feedback from testers and develop it further, along with improvements in lnd and Neutrino.”

The open-source Lightning Desktop App code is available on GitHub.

The post What Lightning Will Look Like: Lightning Labs Has Announced Its User Interface Wallet appeared first on Bitcoin Magazine.

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Calvin Ayre: Bitcoin Cash “Closely Resembles the Bitcoin That Sparked the Entire Digital Currency Boom”

October 19, 2017 BitNewz.net 0

Gambling news resource Calvin Ayre have openly declared war on Bitcoin declaring that it’s their opinion that Bitcoin Cash should be considered the true Bitcoin. For them, it seems that BCH holds more in common with Satoshi’s Nakamoto’s original white paper and is therefore deserving of the sort-after tag of “Bitcoin”. With the coming forks … Continue reading Calvin Ayre: Bitcoin Cash “Closely Resembles the Bitcoin That Sparked the Entire Digital Currency Boom”

The post Calvin Ayre: Bitcoin Cash “Closely Resembles the Bitcoin That Sparked the Entire Digital Currency Boom” appeared first on NEWSBTC.

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