NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Crypto Bulls Rejoice: Congresswoman Confirms Powell’s Imminent Firing

Lightning Bitcoin Implements DPoS, Set to Become the Best Blockchain Protocol

NewsBTC
NewsBTC
7 years ago
2 mins read
lightning bitcoin, lbtc

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Bitcoin is no doubt the largest cryptocurrency of all times and can also be referred to as the progenitor of the whole cryptocurrency revolution. As more people adopt the cryptocurrency, the digital currency has exhibited cracks in its ecosystem, mainly due to the scalability issues. While the rapid growth of the community is one of the contributing factors, the major issues are said to lie with the Bitcoin Core development team and their inability to rapidly introduce scaling solutions. The conflicting views of the developers and mining community have further exacerbated the situation.

As the Bitcoin Core community struggle to score the necessary consensus to improve the protocol, various teams have decided to take the matter into their own hands to preserve the “legacy” of Bitcoin by creating improved hard forks of Bitcoin blockchain. Advancing in this sphere is Lightning Bitcoin, a Bitcoin hard fork by the Lightning Team. The Lightning Bitcoin, LBTC, in short, is forked at Block 499,999 of the Bitcoin blockchain and adopts a more efficient Delegated Proof of Stake (DPoS) consensus mechanism instead of the native Proof of Work (PoW) mechanism.

With the implementation of  DPOS, the platform includes the best of two strong cryptocurrency networks  — Bitcoin and EOS. The use of DPOS, not only increases the security but with 2MB block size, it also increases the speed of transactions and optimizes smart contract support. The DPOS consensus mechanism has already been successfully implemented with BitShares and EOS platforms which has further increased the confidence in LBTC’s capabilities.

While the POS consensus mechanism has been hailed by many for its various obvious advantages, including the low processing power requirements and cost-efficient minting solution, it has also shown a fair share of vulnerabilities including the susceptibility to attacks and the possibility of node desynchronization with malicious intent. The Delegated Proof of Stake mechanism implemented by LBTC overcomes most of these vulnerabilities, but still being a synchronous network module exhibited potential loopholes.

To overcome the issue, the LBTC developers have introduced DPoS consensus mechanism which can not only provide the benefits of a DPoS blockchain but also presents a Byzantine Fault Tolerant protocol which can eliminate the possibility of node dissynchronization due to UTXO. By doing so, LBTC is on its way to position itself as the best cryptocurrency blockchain for not just transactions, but also dApps development.

More information about Lightning Bitcoin is available at – http://lbtc.io

Tweet123Share196ShareSend
NewsBTC
NewsBTC

NewsBTC

Comments 4

  1. Chris says:
    7 years ago

    All this good news and the market continues to tank.

    Reply
    • David Selovin says:
      7 years ago

      what good news? another shitty fork…..move on people, nothing to see here….

      Reply
    • Srsly says:
      7 years ago

      what’s good about 3123th Bitcoin mutation with absolute no use, nothing new and no problem solved? you’re all blind

      Reply
  2. urAllnoobz says:
    7 years ago

    Lol. DPoS.. Hope they will manage it as Lisk, so there will be mafia from the very begining..

    Take Skycoin for example. Transactions under 1 sec, no fees, blockchain 3.0 vs tarded DPoS. Roflmao

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Comments 4

  1. Chris says:
    7 years ago

    All this good news and the market continues to tank.

    Reply
    • David Selovin says:
      7 years ago

      what good news? another shitty fork…..move on people, nothing to see here….

      Reply
    • Srsly says:
      7 years ago

      what’s good about 3123th Bitcoin mutation with absolute no use, nothing new and no problem solved? you’re all blind

      Reply
  2. urAllnoobz says:
    7 years ago

    Lol. DPoS.. Hope they will manage it as Lisk, so there will be mafia from the very begining..

    Take Skycoin for example. Transactions under 1 sec, no fees, blockchain 3.0 vs tarded DPoS. Roflmao

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Why Smart Crypto Money is Backing SpacePay's $1.1M Presale Run

Why Smart Crypto Money is Backing SpacePay’s $1.1M Presale Run

SpacePay’s presale has surged past the $1.1 million mark as investors recognize the potential in crypto payment solutions. The SPY...

ericdunne519 1 week ago
青色のプレゼントボックスの上にあるBTC

Bitunixボーナスキャンペーン開催中|最大710ドルの獲得手順

世界中のトレーダーに選ばれている暗号資産(仮想通貨)取引所 Bitunix が、新規ユーザー向けに最大710 USDT相当が獲得できる特別キャンペーンを実施しています。 期間は2025年3月18日から...

rinsuzuki 1 week ago
Why SpacePay Is Tipped to Be the Favorite Crypto Coin of 2025

Why SpacePay Is Tipped to Be the Favorite Crypto Coin of 2025

Cryptocurrency has been around for years, but most people still can’t use it to buy their morning coffee. That’s starting...

ericdunne519 1 week ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

SpacePay (SPY) Token Presale

SpacePay (SPY) Token Presale: Could This Be the Key to Real-World Crypto Payment Adoption?

ericdunne519 17 hours ago
Unlock SPY Potential

SpacePay: Where Dogecoin and XRP Meet Real-World Payments

ericdunne519 1 day ago
Presale Opportunity: The SPY Token Advantage: What Makes SpacePay Crypto Unique?

Presale Opportunity: The SPY Token Advantage: What Makes SpacePay Crypto Unique?

ericdunne519 4 days ago

Premium Sponsors

Press Releases

  • Whales Quay Lại Với Meme Coin Sau ATH Của Bitcoin –...

    22 minutes ago
  • 2 kryptomeny s mimoriadne vysokým hodnotením, ktoré by mohli stáť za riziko

    2 kryptomeny s mimoriadne vysokým hodnotením, ktoré by...

    26 minutes ago
  • Toncoin

    Dự Đoán Giá Toncoin: $8 Tháng 8? Các Đồng Coin...

    31 minutes ago
  • Öt, 1 dollár alatti altcoin szimbólum növekedési potenciállal, Bitcoin a háttérben.

    Cá Voi Crypto Đã Mua Những Alt coin Nào Trong Tuần...

    44 minutes ago
  • Can You Really Make $5,670 in 7 Days? Learn more about...

    48 minutes ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

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