The Lightning Network, Explained. Bitcoin has a frequently cited… | by Blockchain.com | @blockchain | Mar, 2023

Bitcoin has a frequently cited problem–scalability. The Bitcoin network can only handle a certain number of transactions at once, making it take a long time for transactions to go through and impacting the price of fees. One of the leading causes of the scalability problem is that each transaction must be verified by every node […]

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The Lightning Network, Explained. Bitcoin has a frequently cited… | by Blockchain.com | @blockchain | Mar, 2023

Bitcoin has a frequently cited problem–scalability. The Bitcoin network can only handle a certain number of transactions at once, making it take a long time for transactions to go through and impacting the price of fees. One of the leading causes of the scalability problem is that each transaction must be verified by every node […]

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Bitcoin Hashrate Reaches 400 Exahash per Second, Researcher Says Network Could Reach Zettahash Era by 2025 – Mining Bitcoin News

Despite Bitcoin’s difficulty reaching an all-time high at 46.84 trillion, participants in bitcoin mining have kept the hashrate running stronger than ever before. According to statistics, on March 23, 2023, the hashrate reached a high of 400 exahash per second (EH/s). The 400 exahash equates to 0.4 zettahash or four hundred quintillion hashes per second. […]

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