Blockchain Launches Thunder Network Prototype
Thunder, a project by Blockchain.info, is a collection of alternate nodes that allow users to make bitcoin payments off-chain in seconds, and sync with the standard Bitcoin network later. Unlike traditional payments made with bitcoin that can take up to an hour for a healthy number of confirmations, transactions made on the Thunder network are said to be....
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The Thunder network adoption of Bitcoin Lightning network protocol has been officially launched by Blockchain. The alpha version is now available for developers to work on. The alpha version of Thunder network is now out. Blockchain, the leading bitcoin and blockchain tools and software tools provider has developed the first real-world implementation of the famed Lightning network in the form of Thunder network. The Thunder network is created to enable microtransactions over the bitcoin network in a much faster and more economical fashion. Unlike regular transactions that have to be....
Blockchain, the bitcoin-centric startup, recently offered an update on its Thunder Network on-chain settlement, having released the alpha version in May. Blockchain released the alpha version of its Thunder Network as a payments channel to be the first usable implementation of the Lightning network for off-chain bitcoin payments that settles back to the main bitcoin blockchain, CCN previously reported. The payment technology prototype is described by Blockchain as a “way to send money ‘off-chain’ to other parties in a trustless manner based on the Lightning network.” Blockchain claims....
Bitcoin-centric startup Blockchain has announced and released the alpha version of its Thunder Network – a payments channel that it claims will prove to be the first usable implementation of the Lightning network for off chain bitcoin payments that settles back to the main bitcoin blockchain. Bitcoin startup Blockchain has announced the first version of the Thunder Network, with an alpha release of the code. The payment technology prototype is described by Blockchain as a “way to send money ‘off-chain’ to other parties in a trustless manner based on the lightning network.” In its....
Blockchain is improving its Thunder Network for faster settlement and refund times in off-chain transactions, according to a project update. Stress Tests Underway. Released as an alpha-stage prototype for testing in May, Thunder is a version of Bitcoin’s proposed Lightning Networks, which handles transactions instantly between users and settles at a....
Blockchain, the world’s leading provider of Blockchain tools and software, has announced that the first usable implementation of the Lightning network, Thunder, has been released as an alpha. Lightning networks. Lightning networks, as explained on the Lightning Network webpage, are dependent upon the underlying technology of the blockchain. By using real Bitcoin/Blockchain transactions and using its native smart-contract scripting language, it is possible to create a secure network of participants which are able to transact at high volume and high speed. Essentially, they are designed to....