Thread replies: 11
Thread images: 1
Thread images: 1
Anonymous
Lightning Network Alpha released 2017-01-11 07:25:59 Post No. 1725005
[Report] Image search: [Google]
Lightning Network Alpha released 2017-01-11 07:25:59 Post No. 1725005
[Report] Image search: [Google]
File: bitcoin-lightning-network-creators-fees-will-be-effectively-zero.jpg (177KB, 900x550px) Image search:
[Google]
177KB, 900x550px
The Lightning Network Daemon Alpha has been released!
https://github.com/lightningnetwork/lnd/releases/tag/v0.1-alpha
>fixes bitcoin's scalability issues
>fixes bitcoin transaction speeds making it as fast as lightning
>works on tons of Operating Systems including Windows, BSD, Linux and macOS
>written entirely in Golang
lnd is a complete implementation of a node on the Lightning Network. lnd is currently deployed on the Bitcoin Test Network (testnet4) and utilizes an upcoming upgrade to Bitcoin: Segregated Witness. The project's codebase uses the btcsuite set of Bitcoin libraries, and is currently dependant on btcd.
The Lightning Network Daemon (lnd) is capable of: creating channels, closing channels, completely managing all channel states (including the exceptional ones!), maintaining a fully authenticated+validated channel graph, performing path finding within the network, passively forwarding incoming payments, and sending outgoing onion-encrypted payments through the network.
>>
>>1725005
Awesome! Now we can trade and spend Bitcoins that are worth 200 dollars 100 times as fast!
>>
>>1725005
So does this mean a fork or will the lighting network be applied to the current blockchain?
>>
>>1725005
>>fixes bitcoin transaction speeds making it as fast as lightning
doesn't actually does that tho. bitcoin transactions remain the same speed. side channel transactions still require you to tie up your funds. nothing magical about it, altho i'm itching to try it out in my corner shop. maybe in a decade or two?
>>
>>1725010
either a soft fork or it would be adapted to main branch at https://github.com/bitcoin/bitcoin
You can join their IRC and ask https://webchat.freenode.net/?channels=lnd
>>
>>1725010
no need to fork it's a layer on top, altho there was something about a prerequisite i don't recall exactly.
>>
>>
>>1725017
there was something about immutable transaction ids for these multisig operations or what the flying fuck... are they required by this test?
>>
>>
>>1725005
Does this mean that Bitcoins will crash harder and faster now?
I think it is working.
>>
So this is why it's crashing.
Thread posts: 11
Thread images: 1
Thread images: 1