Improving The Privacy Of The Lightning Network’s Gossip Protocol
Currently, the gossip protocol introduces privacy leaks and concerns that could be remedied while condensing the amount of messages sent.This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host. The Lightning protocol works by atomically updating payments across multiple payment channels in such a way that everything confirms or fails all together — i.e., it routes payments across multiple hops. An integral part of any routing-based system is a routing table, a collection of all the information necessary to actually....
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This week, the Lightning Network set a new record that demonstrates its growing popularity and utility. The post With TVL At New Record, The Lightning Network’s Time Has Come appeared first on Bitcoin Magazine.
The Bitcoin second layer payment protocol Lightning Network has been exponentially increasing its capacity during the past years. Since it was launched in 2018, the network’s capacity has gone from under 1,000 BTC to 1,800 BTC. The Lightning Network was first proposed in 2015 and operates with payment channels to allow users to send and […]
Lightning Labs’ new liquidity marketplace, Lightning Pool, has seen more early-stage growth than its creators expected.
The Lightning Network is one of the most bullish developments that the Bitcoin ecosystem has seen so far. And all the available metrics point up, a healthy and vibrant network is brewing. However, investor Kevin Rooke took a deeper look and found out that the Lightning Network is probably even bigger than previously thought. “Inaccurate comparisons and privacy preserving features make it hard to truly understand how big the Lightning Network is.” Related Reading | Bitcoin Lightning Network Reaches Record Capacity What does Rooke mean by that? Let’s find out. The Lightning Network By....
The latest software release, named lnd 0.15 beta (v0.15-beta), aims to empower developers to create solutions for more use cases by leveraging the Bitcoin network’s capabilities. Lightning Labs, a developer of the Bitcoin (BTC) Lightning Network (LN), released a beta version of the Lightning Network Daemon (lnd) — a complete implementation of the LN node — with added support to the latest protocol upgrades including Taproot and Musig2 among other improvements.lnd is a software component that handles various aspects within the LN including managing a database, generating payment invoices....