Friday, June 13, 2025
  • About us
  • Economic Calendar
  • Price Predictions
  • Coins Alerts
  • Crypto Portfolio Tracker
  • Exclusively from Our Partners
Cryptheory
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
        • Binance Futures Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions
No Result
View All Result
Cryptheory
No Result
View All Result

Blockstream reveals LN-compatible cloud hosting solution

by cryptheory
June 20, 2023
in Cryptheory News
Reading Time: 3 mins read

One of Blockstream’s “best kept secrets”: a new bitcoin miner called “Cyberhornet”. BTC miners will have to be patient. Because: The hardware is only supposed to revolutionize the market from the third quarter of 2024. But that’s not all that Blockstream announced in its media briefing.

In addition to efforts in the mining industry, the infrastructure company is focusing on Layer 2 functionality in Bitcoin. Accordingly, the in-house product Core Lightning is still one of the most popular options for operating a node.

Lightning compatible cloud solution

In this context, Blockstream introduced Greenlight. The new LN-compatible cloud hosting solution for companies, merchants and Bitcoin applications is designed to significantly reduce the technical effort involved in accessing the Lightning Network (LN). time for criticism? After all, Bitcoiners don’t like hosting at all. But far from it: Greenlight works with cloud hosting, but maintains the integrity of the private keys at all times, like Blockstream does in one press release explained.

The icing on the cake: Greenlight is compatible with Blockstream Green, the in-house non-custodial wallet. The Bitcoin company is thus taking another step towards mass adoption. Blockstream co-founder and Bitcoin pioneer Dr. Adam Back told:

The average person is not an IT specialist. So it could be that access to your bitcoins will be recoverable in the future. This is a controversial topic for many. If you use a custodian, they must be able to identify you in order to give you your coins. This raises the question of whether this information can be passed cryptographically to the custodian without showing your passport or birth certificate [an Dritte] gives. Maybe there will be something like that in the future.

Blockstream CEO Dr. Adam Back

Such a function has recently led to a lot of criticism against Ledger. The wallet manufacturer wanted to arm itself for the future with the recovery feature. Because: The further the adoption progresses, the more the highly complex topic of Bitcoin hits a broad mass of people who have never dealt with this technology before. Blockstream CPO Jeff Boortz takes a similar view:

I think many users are learning a brand new technology that is so alien and different in the way money has been interacted with up until now. We see that with Lightning and even with Bitcoin. We need to address the limitations that make users afraid to launch and make self custody safe and convenient for a wide range of users.

Blockstream CPO Jeff Boortz

Blockstream: Layer 2 scaling is in full swing

An all-time high should not be missing either. Not (yet) with Bitcoin. But with the Layer 2 network developed by Blockstream Liquid. The transaction volume of the Bitcoin sidechain, designed for financial applications, has risen sharply since autumn last year and recently reached an all-time high.

Towards the end of 2023, the company wants to reveal more details about the ongoing development of Bitcoin technologies – including about the mysterious miner.

  • Author
  • Recent Posts
cryptheory
cryptheory
Core team behind Cryptheory Labs and website Cryptheory.org.
cryptheory
Latest posts by cryptheory (see all)
  • Why Online Advertisers Should Request Website Traffic Data from Google Analytics Instead of Using SEO Tools Like MOZ or Ahrefs? - March 24, 2025
  • North Carolina’s Bold Move: State Bill Proposes Investing 10% of Public Funds in Bitcoin - March 22, 2025
  • Justin Sun Stakes $100 Million in Ethereum on Lido – What Does It Mean for the Market? - March 19, 2025
Previous Post

Important events for crypto this week 19/06 – 23/06 2023

Next Post

ChatGPT plugin from DeFiLlama: Data analysis made easy

Related Posts

Stablecoin Scrutiny: From Tether’s Launch to MiCA’s Dawn, Regulators Are Watching
Cryptheory News

Stablecoin Scrutiny: From Tether’s Launch to MiCA’s Dawn, Regulators Are Watching

June 12, 2025
June 15th: The Altcoin Apocalypse or Your Ticket to a Lambo? Let's F***ing See.
Cryptheory News

June 15th: The Altcoin Apocalypse or Your Ticket to a Lambo? Let’s F***ing See.

June 11, 2025
SOL's Big F***ing Breakout: Why Solana's About to Send You to the Moon
Cryptheory News

SOL’s Big F***ing Breakout: Why Solana’s About to Send You to the Moon

June 10, 2025
Crypto Trading Tips for June 5, 2025: Navigating the Binance Spot Market
Cryptheory News

Crypto Trading Tips for June 5, 2025: Navigating the Binance Spot Market

June 5, 2025
Spot Market Flexes and Derivatives Cry in the Corner: How Does It Look On-Chain?
Cryptheory News

Spot Market Flexes and Derivatives Cry in the Corner: How Does It Look On-Chain?

May 15, 2025
Ethereum is Waking Up: What On-Chain Data Really Says
Analysis

Ethereum is Waking Up: What On-Chain Data Really Says

May 14, 2025
EU Wants to Track Your Crypto Like a Hawk – and They’re Not Even Sorry
Cryptheory News

EU Wants to Track Your Crypto Like a Hawk – and They’re Not Even Sorry

May 9, 2025
Recession Incoming? Experts Can’t Agree If We’re Screwed or Just Slightly F***ed
Cryptheory News

Recession Incoming? Experts Can’t Agree If We’re Screwed or Just Slightly F***ed

May 9, 2025
Bitcoin Gets Freaky: $2.2B Futures Surge and a Whole Lotta Bullish Mojo
Cryptheory News

Bitcoin Gets Freaky: $2.2B Futures Surge and a Whole Lotta Bullish Mojo

May 1, 2025
Track all markets on TradingView
Score: 0
Game Over

Popular

Analysis & Trading Tips June 10, 2025: Dogecoin Is Barking Again

Analysis & Trading Tips June 10, 2025: Dogecoin Is Barking Again

June 10, 2025
Let’s Be Honest: Most Crypto Projects Are Just Bullshit Wrapped in a Sexy Website

Let’s Be Honest: Most Crypto Projects Are Just Bullshit Wrapped in a Sexy Website

May 15, 2025
Stablecoin Scrutiny: From Tether’s Launch to MiCA’s Dawn, Regulators Are Watching

Stablecoin Scrutiny: From Tether’s Launch to MiCA’s Dawn, Regulators Are Watching

June 12, 2025
SOL's Big F***ing Breakout: Why Solana's About to Send You to the Moon

SOL’s Big F***ing Breakout: Why Solana’s About to Send You to the Moon

June 10, 2025
Spot Market Flexes and Derivatives Cry in the Corner: How Does It Look On-Chain?

Spot Market Flexes and Derivatives Cry in the Corner: How Does It Look On-Chain?

May 15, 2025
Who Really Makes Bank on Memecoins – And Why It Ain't You, You Beautiful Degenerate

Who Really Makes Bank on Memecoins – And Why It Ain’t You, You Beautiful Degenerate

June 4, 2025
Staking: Is it Just a Fancy Ponzi Scheme? Let's Get Real.

Staking: Is it Just a Fancy Ponzi Scheme? Let’s Get Real.

June 11, 2025
Dogecoin's Wild Ride: A Charts-and-Giggles Exposé on Who Really Got Rekt (It Was Probably You)

Dogecoin’s Wild Ride: A Charts-and-Giggles Exposé on Who Really Got Rekt (It Was Probably You)

June 6, 2025
Trading Signals for May 13, 2025: Altcoins in the Spotlight

Trading Signals for May 13, 2025: Altcoins in the Spotlight

May 13, 2025
The Hottest Female Characters in PC Games: A Deep Dive into Digital Desirability

The Hottest Female Characters in PC Games: A Deep Dive into Digital Desirability

June 5, 2025

⭐ What Type of Crypto Investor Are You? (v2)

1. How do you DYOR (Do Your Own Research)?

2. Your first reaction to a 10x pump?

3. What’s your opinion on memecoins?

4. Where do you stake your crypto?

5. What’s your exit strategy?

6. How do you pick your next investment?

7. Favorite kind of airdrop?

8. What’s your approach to NFTs?

9. How do you store your crypto?

10. What's your long-term crypto goal?

Crypto News

Bitcoin

Ethereum

Altcoins

Cryptocurrency

Platforms for Copy Trading

Platforms for Grid Trading

Glossary of trading and crypto terms

Crypto Portfolio Tracker

 

Cryptheory Labs Projects

Guest Post for Free

On our website, you can share your opinions and insights. This feature is reserved for non-promotional articles. We are already working on a system for donations and rewarding every author.

This website is here for those of you who want to be at the forefront of innovation and new technologies like Bitcoin. But first, we need to tackle the challenges and survive in the unforgiving world of crypto assets. THIS IS CRYPTHEORY!

Follow Us

  • Terms Of Use
  • Privacy Policy
  • About us
  • Contact us

© 2024 Cryptheory - F**k the forex, we want gains!

Shiba Inu loading
No Result
View All Result
  • Cryptocurrency List
  • Cryptocurrency
    • Cryptocurrency Exchanges
      • Top exchanges for trading Bitcoin derivatives
      • How to buy bitcoin without KYC
      • How to Trade Bitcoin – best platforms
      • Best platforms to buy Bitcoin by debit or credit card
      • Platforms for Grid Trading
      • BYDFi: Review and Guide
      • BingX: Review and Guide
      • Kraken: Review and Guide
      • Bybit: Review and Guide
      • Bitpanda: Review and Guide
      • Phemex: Review and Guide
      • Huobi: Quick Guide
      • Binance: Review and Guide
    • Bitcoin
    • Tether
    • XRP
    • Dogecoin
    • Avalanche
    • Stellar
    • The Open Network
  • crypto news
  • Crypto Exchanges Info
  • Analysis
  • Attractions

© 2024 Cryptheory - F**k the forex, we want gains!

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.