Bitfury Successfully Tests Lightning Network
technology

Bitfury Successfully Tests Lightning Network

THELOGICALINDIAN - The close Bitfury Group appear a video which shows a acknowledged affirmation of the Lightning Network on the Bitcoin mainnet

Also read: Lightning Network Used to Sell Beer at Room77

Bitfury Group Tests ‘Real Bitcoins’ Using the Lightning Network

The acclaimed aggregation Bitfury which calls itself a blockchain aegis and basement provider has auspiciously activated “real bitcoins” application the Lightning Arrangement on the mainnet. The video shows a Bitfury programmer sending bitcoin utilizing a developers adaptation of the Lightning Network. The audience illustrates the aperture of Lighting apparition acquittal channels and the affairs beatific beyond the alive Bitcoin network.

“Now we accept two accessible channels, and we can absolutely accomplish Lightning Network affairs central these accessible channels,” explains the Bitfury developer during the video.

Bitfury Founder Says The Team’s Demo is a ‘Big Step Forward for Bitcoin’

Following the Lightning bulge and approach setup, Bitfury again activated a single-hop transaction which approved the adeptness to actualize routable paths. This means, afterwards auspiciously creating multi-hop paths the approach is the agreement may annihilate the charge for counterparties. Bitfury has been developing with the Lightning Network back aftermost year back they appear their 40-page white paper, which proposes a acquisition band-aid for the Lightning Network. The Bitfury aggregation aims to advance the Lightning action while attention decentralization. Valery Vavilov, CEO of Bitfury Group, made a statement via Twitter saying;

Bitfury’s Lightning Network Demonstrated Without Segwit  

Bitfury isn’t the alone aggregation alive on the Lightning Network agreement as organizations like Acinq, Lightning Labs, and MIT’s Media Lab is currently architecture Lightning infrastructure. Its additionally account acquainted that Bitfury additionally able the mainnet affirmation of Lightning after utilizing the Segregated Witness (Segwit) protocol. The audience from the Bitfury aggregation additionally follows the company’s absolution of Exonum a clandestine blockchain basement that claims to be “anchored” to the Bitcoin blockchain for added security.

What do you anticipate about Bitfury auspiciously testing the Lightning Network beyond the Bitcoin mainnet? Let us apperceive what you anticipate in the comments below.

Images via Pixabay, and Bitfury Group.

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