Purchase Domains using Bitcoins!We offer a wide range of top-level domains particularly for Bitcoin users.All prices are displayed in US-Dollar or Euro but are converted to Bitcoin during the payment process.We exclusively accept Bitcoin.We understand your need for truly anonymous domains and take your desire for privacy protection seriously.Anonymous domains stop domain-related spam successfully, deter identity theft and fraud and prevents harassers, stalkers, data miners and other unwanted individuals.Anonymous domains protects you from overzelous and dangerous governments and helps you to enforce your human right for free speech.Click here to learn more about BitDomain.BIZ.If you purchase your domains through BitDomain.BIZ you will not only get a state-of-the-art domain management service and a knowledgeable technical support but a privacy protection on the whois database without additional cost as well as the possibility to checkout anonymously using your Bitcoin wallet.View Pricing » Buy Web Hosting Email Hosting Included 99.9% Uptime Guarantee Reliable & Secure Powered by cPanel/Plesk Starting @ € 7.99 /mo Build your Website No Technical Skills Required Quick & Easy to Use Choose from hundreds of designs Build Professional Websites Starting @ € 2.20 /mo Buy SSL Certificates Secure your Website, Boost Customer Trust Upto 256-bit Encryption Unlimited Free Reissues Maximum Browser Compatibility Starting @ € 71.88 /yr

Blockchain, the company behind the world’s most popular bitcoin wallet, has been quietly working on an interesting project called Thunder.The Thunder network is an alternative network of nodes that lets you make off-chain bitcoin payments in seconds and settle back to the bitcoin blockchain every now and then.And it makes me excited about bitcoin all over again.This sounds complicated but it’s quite neat and could be a powerful innovation for bitcoin transactions.But first, let’s take a step back.If you’ve ever tried sending a couple of bitcoins from one wallet to another, you know it can take ten or twenty minutes before the blockchain confirms the transaction.The reason behind this is that the blockchain is a network of servers that share the same record of transactions.When you send two bitcoins, all the nodes in the blockchain are going to write a line with this transaction so that everyone can confirm that the originating wallet has lost two bitcoins and the destination wallet now has two extra bitcoins.

This is great, and this is what makes bitcoin completely decentralized.buy bitcoins rbcBut it’s also slow, hard to scale and expensive.bitcoin billionaire level 20Last year, Joseph Poon and Thaddeus Dryja wrote a paper about bitcoin’s scalability and speed issues, and defined Lightning networks.bitcoin ny teknikThese alternative networks would run independently from the main bitcoin blockchain and would be able to register transactions in just a second.bitcoin metatrader brokerIt uses smart contracts so that all nodes in a Lightning network don’t need to be aware of all transactions.mercado bitcoin fora

Yet, this was all theory.bitcoin bowl game scoreBlockchain hired Mats Jerratsch and started working on a sort of implementation of a Lightning network.bitcoin mas singaporeThis is what the company is announcing and open sourcing today.bitcoin hardware hong kongThunder is the first implementation of a Lightning-like network.bitcoin hard drive walletBlockchain is already running Thunder nodes and other bitcoin companies can look at the source code, provide Thunder wallets, adopt this network or fork it.Thunder can also work with other cryptocurrencies.And the startup made the first live transaction on Thunder.While Blockchain isn’t going to use Thunder for Blockchain wallet users just yet, the startup is already thinking about real life advantages of a solution like Thunder.

With Thunder, a transaction is so fast that the network can process 100,000 transactions per second.On average, Visa handles 2,000 transactions per second and the Visa network is capable of processing 56,000 transactions per second.To put this into perspective, Blockchain wallet users are on track to make 40 million transactions this year, or around 1.3 transaction per second.Quite impressive, but let’s be honest.While there are many other wallets out there, given that Blockchain is the most popular wallet maker, bitcoin transaction volume is very far behind Visa.The reason for this is that bitcoin transactions have been too cumbersome.So I’m convinced projects like Thunder are part of the solution.Also important, transactions become much cheaper thanks to Thunder.When you settle back your Thunder payments to the bitcoin blockchain, there are still blockchain fees involved.But you can make many, many Thunder transactions before settling back to the blockchain — and Thunder transactions don’t involve as many nodes.

If you divide the fees by the number of Thunder transactions, paying using bitcoin becomes much cheaper.Fees are so cheap that you could finally imagine making microtransactions using bitcoins.So Thunder would make bitcoin a viable alternative to Visa.It removes many of the limitations behind the existing bitcoin protocol.Now, there are still some roadblocks.Thunder can’t work with anyone with a bitcoin wallet just yet as the bitcoin core development team needs to release segregated witness and CHECKSEQUENCEVERIFY features.But the good news is that these features are on the roadmap and the core team wants to make Lightning networks possible.Until then, Thunder relies on trusted nodes.But with future bitcoin updates, Thunder can become a full-on Lightning network.Thunder is an exciting project and something that could drastically change some bitcoin use cases.Many have turned to alternative cryptocurrencies such as Ether due to bitcoin’s limitations.Slowly but surely, the bitcoin community is catching up and making bitcoin payments more attractive.