Dominyka is a Copywriter at CoinGate. During her career as a copywriter, journalist, and communication specialist, she had the opportunity to handle a wide range of topics, from human rights to lifestyle articles, technology, and now crypto. She sees the importance of new technologies spread and a need for educational and usable content.

Vilius is a seasoned copywriter and bitcoin enthusiast specializing in blockchain and cryptocurrency topics. He's been with CoinGate since 2018, writing blogs, social media content, sales materials, newsletters, FAQs, and more. He's relentless in pursuing knowledge and a better understanding of the crypto industry, which helps him create meaningful and engaging content every day.

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Litecoin Lightning Network is arguably the most anticipated feature for the Litecoin community to date. And finally, it all comes to fruition as we launch the first Litening Network (LN) pilot run with our own merchants!
<a class="keychainify-checked" href="https://wp-blog-assets.coingate.com/2019/01/LITECOIN-LIGHTNING1.png"><img loading="lazy" class="aligncenter size-large wp-image-2570" src="https://wp-blog-assets.coingate.com/2019/01/LITECOIN-LIGHTNING1-1024x535.png" alt="Litecoin Lightning network launch" width="1024" height="535" srcset="https://wp-blog-assets.coingate.com/2019/01/LITECOIN-LIGHTNING1-1024x535.png 1024w, https://wp-blog-assets.coingate.com/2019/01/LITECOIN-LIGHTNING1-150x78.png 150w, https://wp-blog-assets.coingate.com/2019/01/LITECOIN-LIGHTNING1-300x157.png 300w, https://wp-blog-assets.coingate.com/2019/01/LITECOIN-LIGHTNING1-768x401.png 768w, https://wp-blog-assets.coingate.com/2019/01/LITECOIN-LIGHTNING1-860x449.png 860w, https://wp-blog-assets.coingate.com/2019/01/LITECOIN-LIGHTNING1-680x355.png 680w, https://wp-blog-assets.coingate.com/2019/01/LITECOIN-LIGHTNING1-500x261.png 500w, https://wp-blog-assets.coingate.com/2019/01/LITECOIN-LIGHTNING1-400x209.png 400w, https://wp-blog-assets.coingate.com/2019/01/LITECOIN-LIGHTNING1-200x105.png 200w, https://wp-blog-assets.coingate.com/2019/01/LITECOIN-LIGHTNING1-50x26.png 50w, https://wp-blog-assets.coingate.com/2019/01/LITECOIN-LIGHTNING1.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></a>
We got a lot of positive feedback from the community when we first did the <a class="keychainify-checked" style="color: #ff6600;" href="https://coingate.com/blog/post/lightning-network-payments-launched-pilot">Bitcoin Lightning Network trial</a> back in July of 2018. Since the launch, we witnessed over 30,000 created orders on our platform alone. Since the early December of 2018, Bitcoin’s Lightning Network <a class="keychainify-checked" style="color: #ff6600;" href="https://bitcoinist.com/bitcoin-lightning-network-quadruple/">started to grow exponentially</a>, quadrupling the network capacity by the end of the year. And when people started to use our LN for online purchases and <a class="keychainify-checked" style="color: #000000;" href="https://www.reddit.com/r/Bitcoin/comments/9qeoth/just_got_my_first_ever_pr0n_subscription_paid/">share their experience</a> on Reddit, we knew we are on the right track.
<a class="keychainify-checked" href="https://wp-blog-assets.coingate.com/2019/01/charlie-lee-lnn.jpg"><img loading="lazy" class="wp-image-2571 alignright" src="https://wp-blog-assets.coingate.com/2019/01/charlie-lee-lnn.jpg" alt="Litecoin Lightning network" width="408" height="329" srcset="https://wp-blog-assets.coingate.com/2019/01/charlie-lee-lnn.jpg 740w, https://wp-blog-assets.coingate.com/2019/01/charlie-lee-lnn-150x121.jpg 150w, https://wp-blog-assets.coingate.com/2019/01/charlie-lee-lnn-300x242.jpg 300w, https://wp-blog-assets.coingate.com/2019/01/charlie-lee-lnn-680x549.jpg 680w, https://wp-blog-assets.coingate.com/2019/01/charlie-lee-lnn-500x403.jpg 500w, https://wp-blog-assets.coingate.com/2019/01/charlie-lee-lnn-400x323.jpg 400w, https://wp-blog-assets.coingate.com/2019/01/charlie-lee-lnn-200x161.jpg 200w, https://wp-blog-assets.coingate.com/2019/01/charlie-lee-lnn-50x40.jpg 50w" sizes="(max-width: 408px) 100vw, 408px" /></a>It suffices as a strong sign that both our customers and the crypto community have a keen interest in the development of Lightning Network. Recognizing the huge potential and ever-growing demand, we decided to keep developing the feature, but this time, for Litecoin. With<a class="keychainify-checked" style="color: #000000;" href="https://usethebitcoin.com/litecoin-foundation-confirms-coingate-official-payment-processor/"> the support of the Litecoin Foundation</a> and<a class="keychainify-checked" style="color: #ff6600;" href="https://twitter.com/SatoshiLite/status/1073300610475159555"> the Founder of Litecoin Charlie Lee</a> himself, we made it happen.
We are starting the first testing round today, on January 17. From now on, customers of our selected merchant will be able to purchase goods and services using the Lightning Network. As soon as we make sure the network runs smoothly, we will also include other trial participants that expressed the interest in testing the network together. When the pilot test ends, which is expected to happen at the end of February, we will make the Litecoin’s Lightning Network available to all 4,500 of our merchants.
<h2 style="text-align: justify;">What is the Litening Network?</h2>
<a class="keychainify-checked" href="https://wp-blog-assets.coingate.com/2019/01/3333.png"><img loading="lazy" class="wp-image-2572 alignleft" src="https://wp-blog-assets.coingate.com/2019/01/3333.png" alt="Litecoin atomic swaps" width="306" height="306" srcset="https://wp-blog-assets.coingate.com/2019/01/3333.png 1000w, https://wp-blog-assets.coingate.com/2019/01/3333-150x150.png 150w, https://wp-blog-assets.coingate.com/2019/01/3333-300x300.png 300w, https://wp-blog-assets.coingate.com/2019/01/3333-768x768.png 768w, https://wp-blog-assets.coingate.com/2019/01/3333-860x860.png 860w, https://wp-blog-assets.coingate.com/2019/01/3333-680x680.png 680w, https://wp-blog-assets.coingate.com/2019/01/3333-500x500.png 500w, https://wp-blog-assets.coingate.com/2019/01/3333-400x400.png 400w, https://wp-blog-assets.coingate.com/2019/01/3333-200x200.png 200w, https://wp-blog-assets.coingate.com/2019/01/3333-50x50.png 50w" sizes="(max-width: 306px) 100vw, 306px" /></a>The Lightning Network layer provides a long-term solution for increasing scalability of the Litecoin network to a point where transactions become significantly faster and cheaper no matter how high the volume is.
Basically, it connects nodes in a web of so-called “payment channels” that act independently from the Litecoin network itself. These channels allow executing the transactions <a class="keychainify-checked" style="color: #000000;" href="https://en.bitcoin.it/wiki/Off-Chain_Transactions">off-chain</a>, eliminating the need to settle the payments on the mainnet immediately.  Additionally, it lays the groundwork for atomic swaps – a seamless crypto-to-crypto trading option across different blockchains (for example, LTC to BTC).
If you wish to know more about what important effects and implications the LN has on the blockchain, we suggest <a class="keychainify-checked" style="color: #ff6600;" href="https://coingate.com/blog/post/lightning-network-payments-intro">reading our article about it</a> where we explain it in-depth.
<h2 style="text-align: justify;">The merchant selection process for LN trial</h2>
CoinGate sees the second-layer solution as a crucial step in the further development of the Litecoin blockchain. Faster and nearly costless transactions will reduce the barrier between consumers and merchants, enabling significantly more businesses to conveniently accept cryptocurrency payments. It especially applies to companies that offer inexpensive goods or services, such as web hosting, VPN, various recurring subscriptions, or maybe just a cup of coffee.
According to our own data, VPN services are in fact one of the most popular among those who prefer to pay with cryptocurrency. And yet, in most cases, it is not reasonable to pay such small amounts in crypto as fees sometimes can even excel the price of a product. However, it is exactly what the Lightning Network promises to solve.
With that in mind, we started to look for merchants that would most benefit from LN payments among those who filled the participation form. Furthermore, we wanted to begin the trial with a secure, reliable and trustworthy company that could also provide some valuable insights into the process.
<h2 style="text-align: justify;">Surfshark first to test the Lightning payments</h2>
Thus, we are happy to introduce our very first merchant that will initiate the official launch of the first Lightning Network test phase – VPN provider <a class="keychainify-checked" style="color: #ff6600;" href="https://surfshark.com/features">Surfshark</a>. If the pilot run goes without any major issues, other participants will join as well until it gradually rolls out into full-scale launch.
<a class="keychainify-checked" href="https://wp-blog-assets.coingate.com/2019/01/surfshark.jpg"><img loading="lazy" class="aligncenter wp-image-2573" src="https://wp-blog-assets.coingate.com/2019/01/surfshark.jpg" alt="Litecoin Lightning network trials" width="690" height="404" srcset="https://wp-blog-assets.coingate.com/2019/01/surfshark.jpg 810w, https://wp-blog-assets.coingate.com/2019/01/surfshark-150x88.jpg 150w, https://wp-blog-assets.coingate.com/2019/01/surfshark-300x176.jpg 300w, https://wp-blog-assets.coingate.com/2019/01/surfshark-768x449.jpg 768w, https://wp-blog-assets.coingate.com/2019/01/surfshark-680x398.jpg 680w, https://wp-blog-assets.coingate.com/2019/01/surfshark-500x293.jpg 500w, https://wp-blog-assets.coingate.com/2019/01/surfshark-400x234.jpg 400w, https://wp-blog-assets.coingate.com/2019/01/surfshark-200x117.jpg 200w, https://wp-blog-assets.coingate.com/2019/01/surfshark-50x29.jpg 50w" sizes="(max-width: 690px) 100vw, 690px" /></a>
We picked up Surfshark as it fits all of our criteria, and has a perfect product for transacting on the LN. On top of that, they provide a highly secure product, according to the independent web security testers <a class="keychainify-checked" style="color: #ff6600;" href="https://cure53.de/">Cure53</a>. According to their <a class="keychainify-checked" style="color: #ff6600;" href="https://surfshark.com/wp-content/uploads/2018/11/Pentest-Report-Surfshark-VPN-Extension-11.2018.pdf">report</a>, “Cure53 is highly satisfied to see such a strong security posture on the Surfshark VPN extensions, especially given the common vulnerability of similar products to privacy issues”.
For us as security and privacy advocates, it is very important that companies we work with values the privacy and security of their customers. The necessity of being fully compliant in all areas is a must considering the tightening regulatory environment. Surfshark has a clean sheet, thus we are confident of our choice.
<h2 style="text-align: justify;">Conclusion</h2>
We have high hopes that our Lightning Network on Litecoin will work as smoothly as it works on Bitcoin. This is an exciting time for us and the blockchain industry, though we are still in the early stages of cryptocurrency adoption. However, we are proud to be among the early adopters with the ability to provide working solutions to the crypto community and merchants across the world.
Are you interested in how it will all turn out? If so, we encourage you to subscribe to our blog by entering your email address down below! Just like that, you will never miss a story from us!
Until then, keep an eye out for further announcements!

Litecoin Lightning Network is arguably the most anticipated feature for the Litecoin community to date. And finally, it all comes to fruition as we launch the first Litening Network (LN) pilot run with our own merchants!

CoinGate launches Litecoin Lightning Network trial with Surfshark

It is a pleasure to announce the newest addition to our bundle of native cryptocurrencies, TRX! Any user of the TRON blockchain can now shop at thousands of stores using CoinGate.
<a class="keychainify-checked" style="color: #000000;" href="https://wp-blog-assets.coingate.com/2019/01/trx.png"><img loading="lazy" class="aligncenter size-large wp-image-2552" src="https://wp-blog-assets.coingate.com/2019/01/trx-1024x535.png" alt="Tron crypto" width="1024" height="535" srcset="https://wp-blog-assets.coingate.com/2019/01/trx-1024x535.png 1024w, https://wp-blog-assets.coingate.com/2019/01/trx-150x78.png 150w, https://wp-blog-assets.coingate.com/2019/01/trx-300x157.png 300w, https://wp-blog-assets.coingate.com/2019/01/trx-768x401.png 768w, https://wp-blog-assets.coingate.com/2019/01/trx-860x449.png 860w, https://wp-blog-assets.coingate.com/2019/01/trx-680x355.png 680w, https://wp-blog-assets.coingate.com/2019/01/trx-500x261.png 500w, https://wp-blog-assets.coingate.com/2019/01/trx-400x209.png 400w, https://wp-blog-assets.coingate.com/2019/01/trx-200x105.png 200w, https://wp-blog-assets.coingate.com/2019/01/trx-50x26.png 50w, https://wp-blog-assets.coingate.com/2019/01/trx.png 1200w" sizes="(max-width: 1024px) 100vw, 1024px" /></a>
Our team here at CoinGate is sure that the rapidly emerging TRON blockchain will become a valued addition to our list of supported cryptocurrencies. By facilitating payments between TRX shoppers and online vendors, we aim to become a significant part of the TRON ecosystem and contribute to further growth of the community.
<h2>The TRON blockchain: mission &amp; vision</h2>
Even though the TRON mainnet launched as recently as May 2018, it has already left a significant mark in the blockchain space. Led by the renowned founder Justin Sun, TRON demonstrates huge ambitions towards rebuilding the World Wide Web as we know it.
Resembling Ethereum, TRON provides the ability to build<a class="keychainify-checked" style="color: #000000;" href="https://solidity.readthedocs.io/en/v0.4.24/introduction-to-smart-contracts.html"> smart contracts</a> with Solidity, issue custom tokens and deploy decentralized apps on top of TRON’s network. All these tools allow building a huge variety of businesses and applications, including social media and retail networks, publishing platforms, online stores, peer-to-peer video streaming and pretty much anything else that currently exists on the Internet. 
<figure id="attachment_2553" aria-describedby="caption-attachment-2553" style="width: 1024px" class="wp-caption aligncenter"><a class="keychainify-checked" style="color: #000000;" href="https://wp-blog-assets.coingate.com/2019/01/tron.jpg"><img loading="lazy" class="size-large wp-image-2553" src="https://wp-blog-assets.coingate.com/2019/01/tron-1024x619.jpg" alt="Tron CoinGate" width="1024" height="619" srcset="https://wp-blog-assets.coingate.com/2019/01/tron-1024x619.jpg 1024w, https://wp-blog-assets.coingate.com/2019/01/tron-150x91.jpg 150w, https://wp-blog-assets.coingate.com/2019/01/tron-300x181.jpg 300w, https://wp-blog-assets.coingate.com/2019/01/tron-768x464.jpg 768w, https://wp-blog-assets.coingate.com/2019/01/tron-1240x750.jpg 1240w, https://wp-blog-assets.coingate.com/2019/01/tron-860x520.jpg 860w, https://wp-blog-assets.coingate.com/2019/01/tron-680x411.jpg 680w, https://wp-blog-assets.coingate.com/2019/01/tron-500x302.jpg 500w, https://wp-blog-assets.coingate.com/2019/01/tron-400x242.jpg 400w, https://wp-blog-assets.coingate.com/2019/01/tron-200x121.jpg 200w, https://wp-blog-assets.coingate.com/2019/01/tron-50x30.jpg 50w, https://wp-blog-assets.coingate.com/2019/01/tron.jpg 1262w" sizes="(max-width: 1024px) 100vw, 1024px" /></a><figcaption id="caption-attachment-2553" class="wp-caption-text">Tron provides its own web, mobile and desktop wallets</figcaption></figure>
In simple terms, TRON aims to enable users to trustlessly publish and store virtually any kind of data as well as get rewarded for it, without the necessity of third-party involvement.
<h2>TRON and Ethereum, the eternal crypto rivals 
</h2>
TRON strives to surpass its direct rival Ethereum by providing more effective scalability solutions. Supposedly, the TRON blockchain is able of processing 2,000 transactions per second (TPS). For comparison, the current Ethereum network capacity is 15 TPS, though the<a class="keychainify-checked" style="color: #000000;" href="https://cointelegraph.com/news/ethereum-20-launch-really-not-so-far-away-says-vitalik-buterin-in-devcon4-keynote"> most recent developments</a> might soon change that.
For such a network to scale, an enormous amount of mining resources would be required. However, TRON is secured by the Proof-of-Stake rather than Proof-of-Work, and does not require that much power to function effectively and securely. As a result, any attempt to alter, delete or demonetize content published on TRON would be impossible as all the data is permanently stored on the blockchain – at least before usage of the network grows significantly enough to shed light on shortcomings of its PoS consensus.
<h2>The state of TRON today</h2>
Just very recently in July, <a class="keychainify-checked" style="color: #000000;" href="https://www.engadget.com/2018/07/25/blockchain-company-tron-buys-bittorrent/">TRON made a $126 million acquisition</a> of <a class="keychainify-checked" style="color: #000000;" href="https://www.bittorrent.com/">BitTorrent</a>, the largest peer-to-peer file sharing service in the world, and its collective user base of 100 million in the process. Merging BitTorrent with the network would make TRON the biggest decentralized ecosystem in the world, potentially bringing blockchain technology to the masses. Still, there is a long way to go, according to their extensive 10 year-long roadmap.
<figure id="attachment_2562" aria-describedby="caption-attachment-2562" style="width: 902px" class="wp-caption aligncenter"><a class="keychainify-checked" style="color: #000000;" href="https://wp-blog-assets.coingate.com/2019/01/trx-market-1.jpg"><img loading="lazy" class="wp-image-2562" src="https://wp-blog-assets.coingate.com/2019/01/trx-market-1-1024x588.jpg" alt="Tron trx coin" width="902" height="518" srcset="https://wp-blog-assets.coingate.com/2019/01/trx-market-1-1024x588.jpg 1024w, https://wp-blog-assets.coingate.com/2019/01/trx-market-1-150x86.jpg 150w, https://wp-blog-assets.coingate.com/2019/01/trx-market-1-300x172.jpg 300w, https://wp-blog-assets.coingate.com/2019/01/trx-market-1-768x441.jpg 768w, https://wp-blog-assets.coingate.com/2019/01/trx-market-1-860x494.jpg 860w, https://wp-blog-assets.coingate.com/2019/01/trx-market-1-680x391.jpg 680w, https://wp-blog-assets.coingate.com/2019/01/trx-market-1-500x287.jpg 500w, https://wp-blog-assets.coingate.com/2019/01/trx-market-1-400x230.jpg 400w, https://wp-blog-assets.coingate.com/2019/01/trx-market-1-200x115.jpg 200w, https://wp-blog-assets.coingate.com/2019/01/trx-market-1-50x29.jpg 50w, https://wp-blog-assets.coingate.com/2019/01/trx-market-1.jpg 1067w" sizes="(max-width: 902px) 100vw, 902px" /></a><figcaption id="caption-attachment-2562" class="wp-caption-text">TRX performance in markets, mid-January 2019</figcaption></figure>
The more current objective of TRON is to set off the creation of a proprietary community of content creators and consumers. The team seems to have doubled down their efforts on this, as the number of <a class="keychainify-checked" style="color: #000000;" href="https://ethereumworldnews.com/justin-sun-we-will-exceed-200-tron-trx-dapps-very-soon/">dApps and smart contracts deployed on the network has been growing</a> at a healthy pace.
As of now, TRON is getting ready for the crowdfunding of new cryptographic token BitTorrent (BTT) as a part of their<a class="keychainify-checked" style="color: #000000;" href="https://ethereumworldnews.com/tron-trx-project-atlas-secret-2018/"> secretive Project Atlas</a>. It is a long-awaited release which aims to create a token-based economy, revolving around the usage of networking, bandwidth, and storage on hundreds of millions of computers around the world.
<figure id="attachment_2555" aria-describedby="caption-attachment-2555" style="width: 349px" class="wp-caption alignright"><a class="keychainify-checked" style="color: #000000;" href="https://wp-blog-assets.coingate.com/2019/01/justin-sun-nitron.jpg"><img loading="lazy" class="wp-image-2555" src="https://wp-blog-assets.coingate.com/2019/01/justin-sun-nitron.jpg" alt="Tron trx crypto" width="349" height="427" srcset="https://wp-blog-assets.coingate.com/2019/01/justin-sun-nitron.jpg 604w, https://wp-blog-assets.coingate.com/2019/01/justin-sun-nitron-123x150.jpg 123w, https://wp-blog-assets.coingate.com/2019/01/justin-sun-nitron-245x300.jpg 245w, https://wp-blog-assets.coingate.com/2019/01/justin-sun-nitron-500x612.jpg 500w, https://wp-blog-assets.coingate.com/2019/01/justin-sun-nitron-400x489.jpg 400w, https://wp-blog-assets.coingate.com/2019/01/justin-sun-nitron-200x245.jpg 200w, https://wp-blog-assets.coingate.com/2019/01/justin-sun-nitron-50x61.jpg 50w" sizes="(max-width: 349px) 100vw, 349px" /></a><figcaption id="caption-attachment-2555" class="wp-caption-text">Justin Sun, the Founder of Tron</figcaption></figure>
To put it simply, it will allow users to use the token for the improvement of BitTorrent’s network speed. However, according to the BitTorrent whitepaper, the further development will “open up a whole new borderless economy exchanging value for computational resources on a global scale”. Marked as the first step towards the decentralization of the Internet, the BTT token will be first distributed to TRX community via airdrop during the Q1 of 2019.
With the upcoming<a class="keychainify-checked" style="color: #000000;" href="https://www.nitron.org/"> niTRON Summit</a>, the very first TRON developer conference which will be held on January 17–18 in San Francisco, the project has attracted significant attention which also reflected on the price of TRX. The event will hopefully reveal more details about the BitTorrent token and Project Atlas.
<h2>Increasing the adoption of TRX</h2>
As the interest in blockchain-based technologies grows exponentially, TRX coin might as well become a commonly used payment option on our gateway. Recognizing that, we are here to cater to this community by providing a way to spend TRX cryptocurrency at more than 4,500 online vendors.
Hopefully, TRON, as well as all the cryptocurrencies that create a positive impact in the industry, will eventually gain enough traction to become widespread. As a bridge between crypto users and merchants, we are excited to accelerate the adoption of digital currencies by joining forces and combining technologies that benefit each other.
Of course, there is a way for everyone to make a contribution and, at the same time, get to enjoy numerous benefits that come with it. Check out the article where we provide some food for thought explaining <a class="keychainify-checked" style="color: #000000;" href="https://coingate.com/blog/post/why-should-business-accept-crypto">why it is a good idea to consider accepting cryptocurrencies at your business</a>. It also covers different ways you can integrate cryptocurrency payments to your store. Definitely worth spending a few minutes on it!
With that said, we will continue to offer more and more solutions that help increase the accessibility to crypto markets.
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CoinGate introduces new native cryptocurrency - Tron (TRX). Now, our merchants accept TRX coin payments from their customers.

Launching TRON blockchain and TRX payments for merchants | CoinGate

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