DAILY CRYPTOS ESPRESSO – 01 Sep 2019

The Lightning Network, created to facilitate micro-payments in Bitcoin (BTC) is losing support very quickly.

Owners of payment nodes gain very little in exchange of freezing vast amounts of their own Bitcoins. It is a dangerous downward trend.

The Telegram Open Network offers a compiler for porting Ethereum DApps and smart contracts.

Bitcoin (BTC)

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  • Report: Telegram’s TON Blockchain to Be Compatible with Ethereum DApps

    CoinTelegraph    
    01 September 2019

    Developers of Ethereum smart contracts and distributed apps (DApps) will be able to port them on TON. The Telegram Open Network is building a Solidity compiler for its blockchain. Changes in the original code might be required. It could be a solution to the congestion and scalability problems which plague Ethereum. 

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