THELOGICALINDIAN - Liquid Network users can now accelerate and accept bitcoin micropayments via the clightning accomplishing of the Lightning Network LN
“Lightning on Bitcoin on Liquid”
According to a tutorial appear by Blockstream developer “grubles” via Medium on Tuesday (July 2, 2019), LN users can now actualize bitcoin Lightning acquittal channels application c-lightning.
This is a cogent anniversary as Liquid users can now accomplish Liquid-BTC (L-BTC) affairs anon and privately. There are additionally affairs to extend the affection to awning added assets on the Liquid sidechain, such as tokenized stocks and authorization tokens.
Details appear in the tutorial appearance that the action for active c-lightning on Liquid is the aforementioned as on the Bitcoin mainnet.
Blockstream CEO took to Twitter on Tuesday to highlight the accent of cross-convergence amid Bitcoin layers, saying:
C-lightning is one of the three implementations of the Lightning Network, with the added two actuality Eclair and lnd. Blockstream is the developer for c-lightning, introducing appearance like a full-spectrum wallet and the adeptness to affix nodes active on the TOR network.
As ahead reported by Bitcoinist, abstracts from 1ml.com – an LN tracking belvedere – shows that the arrangement accommodation is now abutting to $11 million. Apart from c-lightning on Liquid, users of the Spark wallet can additionally accomplish LN payments offline application Blockstream’s Lightning Arrangement implementation.
Liquid Becoming a Fully Realized Sidechain
Lightning payments on the Liquid Network is yet addition abstruse anniversary accomplishment for Blockstream’s Bitcoin sidechain. On Tuesday, Bitcoinist reported that the Bitcoin basement developer has debuted diminutive swaps on the Liquid Network.
The accessible abstruse appearance on the Liquid sidechain arise to be more affective the arrangement appear actuality absolutely realized. Lightning accomplishing and diminutive swaps now additionally accompany arcane affairs and the adeptness to affair tokenized assets.
Back in May 2024, Blockstream appear the addition of a aegis badge arising belvedere on the Liquid Network. Many of these anew added appearance to the Liquid abuse to accomplish the different operating propositions offered by acute contract-focused altcoin projects like Ethereum, Tron, and EOS unnecessary.
With added cutting-edge technology that proves to accept actual account actuality deployed off-chain, Bitcoin additionally appears set to become the all-round programmable abundance of amount (PSoV) that these added blockchains affirmation to be.
Do you anticipate that these new tech appearance actuality developed off-chain for bitcoin renders altcoins obsolete? Let us apperceive in the comments below.
Images via Twitter @adam3us.
