How to Update your Lightning Channel Balance ~ Bitcoin to the Max
To allow an opportunity for penalty transactions, in case of a revoked commitment transaction, all outputs that return funds to the owner of the commitment transaction (a.k.a. the "local node") must be delayed for to_self_delay blocks. This delay is done in a second-stage HTLC transaction (HTLC-success for HTLCs accepted by the local node, HTLC-timeout for HTLCs offered by the local node).
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$9,177.90 - $1 = 10,896 SAT - Price of Bitcoin
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$1 Billion Bitcoin Options Expire On Friday: What Does This Mean?
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Legendary Investor Jim Rogers Warns Governments Will Have To ‘Eliminate’ Bitcoin
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We have two amazing speakers for this months talk about methods and challenges for scaling up bitcoin! Ren Zhang will discuss the throughput limit of Bitcoin's nakamoto consensus, and go over a proposal for possible improvements. Patrick McCorry gives an overview of the history of payment channels, how Lightning Network works, and talks about the improvements that State Channels can bring to Bitcoin.
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This is episode 153 of You, Me, and BTC – your liberty and Bitcoin podcast!
First up today, we’ll cover Bitcoin, oil, and volatility. According to CryptoCoinsNews, Bitcoin was actually less volatile than oil over the past year. This might seem crazy because many people used to bash Bitcoin for having too many price swings, but it’s probably a good sign.
Then after that, we’ll jump into a related discussion about OPEC and market manipulation. The organization is famous for trying to raise oil prices by cutting production. And even though it seems so backwards to interfere like that, the group actually seems to profit from it. Theoretically, that kind of cooperation and manipulation could happen in a truly free market, so we’ll chat about ways to avoid such dangers.
Tune in for an exciting economic discussion! Your hosts are Daniel Brown, Tim Baker, and John Stuart. Enjoy!
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Starbucks team with Microsoft on new payment using bitcoin for lattes
https://www.cnbc.com/2018/08/03/starbucks-partners-with-microsoft-ice-on-new-cryptocurrency.html
The SEC Will Decide on 9 Bitcoin ETFs in the Next 2 Months - CoinDesk
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‘Bitcoin [Mining] Threatens Our Existence’ Academic Says, Calls for Intervention
https://www.ccn.com/bitcoin-mining-threatens-our-existence-academic-says-calls-for-intervention/
Venezuela: The Price of Bitcoin is Now Doubling Every 18 Days - Bitcoinist.com
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