Blog

21 Feb 2020
By Charles Stack
The Bitcoin Hockey Stick

The Bitcoin Hockey Stick

News
There are numerous reasons to be optimistic about the future of bitcoin. First among those reasons is the remarkably consistent increase in the number of entities owning bitcoin. While the price of bitcoin has been very volatile, the number of people holding bitcoin has shown a classic hockey-stick increase over time with low volatility. Glassnode Studios recently compiled data showing both the number of bitcoin addresses from which they were able to extrapolate the number of unique entities associated with those addresses. 23.1 million entities held some bitcoin at the end of January 2020. The 8-year graph is a thing…
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12 Feb 2020
By lightningnet

The Lightning Trifecta

News, , ,
Question: what do Twitter, Square and Lightning Labs all have in common?Answer: Jack Dorsey and the future of the Lighting Network. Jack Dorsey is the CEO of Twitter, CEO of Square/Cash App, and a major investor in Lightning Labs. On February 5, 2020 Lightning Labs announced a $10 million Series A investment round. Lightning Labs has three products: a lightning network server (LND), a lightning network client specification (Neutrino), and a lightning payment channel service (Loop). The combination of consumers from Twitter, merchants from Square, and technology from Lightning Labs should be the perfect trifecta for sparking significant growth in…
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05 Feb 2020
By lightningnet

Welcome

Uncategorized
Welcome to the Flashstarts Crypto microsite. The goal for this microsite is to provide executives and managers with all the information they need to understand and deploy Bitcoin, Lightning, and Ethereum in their organizations. Effectively deploying any emerging technology within an existing organization requires that you become a "product champion". We will provide you with the knowledge and tools to become that champion. Bitcoin, Lightning, and Ethereum are the leading blockchain technologies that offer a vast new array of exciting business opportunities. We hope this site will educate you on the underlying technology and where it may or may not…
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04 Feb 2020
By lightningnet
BitPay Considers Adding Lightning

BitPay Considers Adding Lightning

News
BitPay, the leading bitcoin processor for business, recently indicated that it is considering adding Lightning Network functionality. This would be a big win for LN, as BitPay has thousands of customers. https://cointelegraph.com/news/bitpay-ceo-platform-will-support-more-cryptocurrencies-and-possibly-lightning-network
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03 Feb 2020
By lightningnet

Congress considers Bill enabling tax-free Lightning Network Bitcoin transactions

News
The Virtual Currency Tax Fairness Act of 2020 is a bipartisan (3 page!) bill that will create a de minimus exemption for crypt currency capital gains below $200. If this bi-partisan bill is passed it will be an enormous boost for the Lightning Network and indirectly for the value of bitcoin as the underlying currency. Please tell your congressperson to vote yes and you will contribute some satoshis to their next campaign.
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31 Jan 2020
By lightningnet

Lightning Network Books

Books, Education
The Bitcoin Lightning Network, Poon & Dryja, Jan 2016, pdf. This is the seminal white paper that launched the concept of the lightning network. The early sections are invaluable for understanding the problems that the lightning network was designed to address. Required reading. Hacking The Lightning Network – A Protocol to Scale Bitcoin, Jan 2019, Rene Pickhardt, pdf. This is a Creative Commons licensed open source book available on Github. Good section on electronic cash. While still useful, it has not been updated since January 2019. Mastering the Lightning Network, Andreas Antonopoulos et al, not yet published (Late 2020). This…
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31 Jan 2020
By lightningnet
Lightning Conference 2019

Lightning Conference 2019

Conferences, Education
Here are notes and links to recommended sessions from the first global lightning network conference held in Berlin October 19-20 2019. About 500 people attended. Here’s a review of the conference from Bitcoin Magazine. Day One October 19 Main Stage Video, 8 hours. Day Two October 20 Main Stage Video, 8 hours. Much more digestible single-session versions, ~20-40 minutes each.  Here are some specific sessions recommended for executives and managers. Building Lighting Businesses, Ryan Gentry, 20 minutes, This session focused on business opportunities, with an eye to startup opportunities. Investing in Lightning, panel, 40 minutes. Enterprise Lightning, Lopp, 3 minutes. A too-quick discussion…
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