Core Lightning: How Blockstream’s Implementation Rebrand Speaks To Its Long-T...
Now called Core Lightning, Blockstream’s Lightning Network implementation seeks to be Bitcoin’s interoperable, specification-focused standard.Bitcoin infrastructure company Blockstream recently rebranded its Lightning Network implementation from c-lightning to Core Lightning (CLN) in an attempt to highlight the project’s long-term focus on interoperability and specification work.The initial name, which alluded to the C programming language the implementation is built in, didn’t reflect the company’s actual intent with the project. Now, Core Lightning seeks to reflect the Blockstream....
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BlueWallet’s new mobile-focused Lightning implementation based on the Lightning Dev Kit brings convenient features to its users.
Lightning Network is a proposal for an off-blockchain network that would support super-fast transactions and boost Bitcoin scalability. Wednesday, miner hosting company HashPlex unveiled an alpha Lightning Network hub implementation, as developers continue to refine the layer (sometimes called layer-2) on testnets. The python Lightning implementation works with the open source Bitcoin node. Integration tests on a local network, which include three Bitcoin nodes, show that users can open a channel, close a channel, unilaterally close a channel, and send and receive money. The three nodes....
The recently released Bitcoin Core version will soon be implemented by the bitcoin mining pools as they take necessary steps to ensure smooth transition. The Bitcoin Core has received an upgrade. The new update- Bitcoin Core 0.12.1 will soon be incorporated by all the mining pools. Unlike other updates, the Bitcoin Core 0.12.1 is more focused towards improving the scalability of the Bitcoin network. Some of the main features of this new update include support for four different Bitcoin Improvement Proposals – BIP 9, BBIP 68, BIP 112 and BIP 113. The inclusion of these new BIPs makes....
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....
The Lightning Network is a design improvement for Bitcoin that could allow users to make micropayments in a decentralized manner and help the entire network scale more efficiently over time. While this proposal has received a large amount of attention in the Bitcoin community, there is another, similar option currently in development by C. J. Plooy. Plooy recently gave a presentation on his alternative implementation, Amiko Pay, at Scaling Bitcoin Montreal. During his talk, Plooy noted:"If you look at the basic design of the Lightning Network -- a network of payment channels. This is....