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Since it's been proposed as a solution to Bitcoin network congestion, Lightning Network (LN) has overcome the various issues of those who do not trust the security of their system. Despite this, in recent months, adoption of this alternative layer has increased more than expected, allowing trading up to 57 bitcoins, according to early July reports.
Now, the developers of Lightning Labs have announced the launch of a new version. LN application whose purpose will be to provide a higher level of security to the users of this network. This is a set of different security solutions that seek to protect users against computer attacks that a certain user may suffer when sending a payment.
Tankred Hase, lead developer of Lightning Labs, was responsible for presenting the project. official way through his Twitter account .
Great place and big crowd! Thank you for hosting us @bitcoinmuc . Here are the slides to my speaking of the new application @lightning : https://t.co/o55IQRs7sC
– Tankred Hase (@tankredhase) July 19, 2018
Hase It said that the interface of this new application will be very simple and intuitive, and will be the ideal tool to perform transfers in payment channels LN, step by step. Therefore, users will have the opportunity to improve their security in the simplest way and without errors.
To use it, just have a user access his recovery key, register a random group of words for that key and end up receiving a QR code or public key to send your bitcoins. Similarly, users can generate channels in LN and view them easily via the app, with all the details they need about every move made through this address.
Those who fear the theft of hardware portfolios or that a wallet is compromised with malware, they will also have the option to create a backup of the wallet, and an additional wallet that will be encrypted on the hard drive and will allow the transfer of funds once the wallet is restored thanks to the key Recovery or seed.
Preventing phishing attacks or identity theft attacks, the application will ask users to unlock their portfolio to execute any operation, and will ensure that all movements are checked by the user before being sent. Other security risks associated with the blockchain sector can be mitigated through the automatic update of the application.
Currently, Hase has indicated that the application will be launched very soon in trial mode, but the details of its date have not been proposed. The truth is that it will work with the open node, thin client and will be available in Github.
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