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The latest Cointelegraph Report assesses the current growth rate of global cryptocurrency usage and tries to predict when crypto will reach mass adoption. Cryptocurrencies must reach mass adoption to unlock their maximum potential as a network technology and their value as financial assets.  As with other technologies, the adoption of crypto follows a classic bell curve: Starting from a small number of innovators, it grows as early adopters embrace it, moving into mass adoption as it expands to the early and late majority. Finally, it reaches those lagging behind in its final phase. Since its launch 14 years ago, Bitcoin’s (BTC) adoption has dramatically increased. The cryptocurrency has gone from being a fringe technology discussed by a small group of cypherpunks and nerds to being known worldwide, with some nation-states even adopting it as legal tender. According to most estimates, though, crypto’s global adoption rate is still in the single digits, which means it still remains...

Learn to use Lightning Network by setting up a wallet, funding it, and using it to make and receive payments. To send and receive payments on the Lightning Network, users must first set up a Lightning wallet and fund it with Bitcoin. From there, they can create payment channels and start transacting. This article will guide users through the process, from setting up their Lightning wallet to making their first Lightning payment. What is the Lightning Network The Lightning Network (LN for short, or simply “Lightning”) is a decentralized system for instant, high-volume micro payments that prevents users from delegating custody of funds to trusted third parties. It is a layer-2 protocol — a computer network built on top of the Bitcoin base layer (layer 1), the actual blockchain. The Lightning Network uses the Bitcoin base layer’s high protection standards to secure the network. Bitcoin is a payment system designed to be slow, and its transactions are finalized in as long as one hour; th...