Lightning Network Exceeds 100 Bitcoins of Routing Capability Across 10,000 Channels | CryptoNews



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Tools such as Satoshi's Place or Poketoshi have been some of the cases of using this second layer of microtansactions. Portfolios for Android, iOS and computers have also been launched.

The development of the network over the past six months has been truly dizzying . In January of this year, this channel parallel to the Bitcoin blockchain began operations, with 69 nodes, 135 payment channels and an exchange capacity of just over 1 BTC. Since then, LN's growth has not stopped.

The main protocol development teams and network are ACINQ, Lightning Labs and Blockcstream, which have shown some interesting advances and have even launched the beta version of their clients to interact with this network of micropayments. In addition, he had an important welcome among traders. Recently Bitrefill launched a tool to buy gift cards from Amazon thanks to this micropayment tool

The development of the protocol was given thanks to the collaboration of several actors who took advantage of Specification of the protocol to suggest improvements like eltoo, to increase confidentiality and help simplify the creation and management of payment channels, by solving possible problems of updating the operations carried out in the payment channels of the main channel .

Multiple Atomic Route Payments (MPA), an important feature of the Lightning Network software that will make payments by combining the amounts of various payment channels of users.

Featured image from robsonphoto / stock.adobe.com

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