Lightning Network One Step Closer to Reality as Lightning Labs Announces Alpha Release
Lightning Labs, one of the prominent companies working to realize the lightning network, announcedthis week the alpha release of the open-source lightning daemon they've been spearheading: LND. While only compatible with Bitcoin’s testnet so far, the software is relatively feature-complete and operational. “We’re now looking for the wider community to....
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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....
A recent blog post by developers of the Lightning Network, has announced an alpha release of the protocol’s daemon. The release called v0.1-alpha of the Lightning Network is said to be a milestone that enables the platform to be publicly tested by developers. The Lightning Network is Now Available for Testing. With roughly fifteen developers contributing....
The controversial Taro protocol is ready for testing. The initial version of the code is available on GitHub, and it enables “developers to mint, send, and receive assets on the bitcoin blockchain.” Notice that the company isn’t talking about the Lightning Network yet. In a blog post announcing the Taro launch, Lightning Labs promised, “Once the on-chain functionality is complete, we’ll work towards integrating the Taro protocol into lnd, bringing Taro assets to the Lightning Network.” This is the first step of many and it’s mainly aimed at developers. According to Lightning Labs,....
Lightning Labs will employ the round's proceeds to fund its efforts in developing Bitcoin and Lightning software, including the new Taro protocol.
Developers can now test an early version of bitcoin's much-hyped Lightning Network. Released by one of the most prominent startups working on the open-source micropayments protocol (San Francisco-based Lightning Labs), the daemon runs on the bitcoin testnet, so it's not exactly for average users yet. Rather, the aim is for developers to get their feet wet testing the off-chain transactions, long heralded as one of the best ways to rapidly scale the network, (and it looks like some have already started). Speaking to CoinDesk today, the Lightning Labs team called the release the “most....