Lightning Network Launches Third Release Featuring Bitcoin & Litecoin Atomic Swaps
technology

Lightning Network Launches Third Release Featuring Bitcoin & Litecoin Atomic Swaps

THELOGICALINDIAN - Following the activation of Segregated Witness Segwit on the Bitcoin arrangement the developers from Lightning Labs appear the 03 alpha adaptation of the teams Lightning Arrangement Daemon Lightning Labs developer Laolu Roasbeef Osuntokun capacity the absolution provides a all-inclusive arrangement of new appearance including litecoin diminutive swaps

Also read: First Bitcoin Exchange Launching in Egypt

Following Segwit Activation Lightning Labs Launches the Lightning 0.3 Alpha Daemon

Right afterwards the Segwit agreement was activated, Lightning Labs developer Laolu Osuntokun appear the third above release for the Lightning Network Daemon (LND). The LND development aggregation says they are captivated that Segwit is assuredly accessible and “they are acutely aflame to see Lightning chip into the ecosystem, and to see all the atypical applications that developers will body out.”     

“This absolution marks the third above absolution for LND,” explains Osuntokun via the team’s Github repo. “With this release, LND is now has acquired a ample affection set, a new automated approach administration operating mode, RPC authentication, added chain logic, and added above strides appear complete blueprint compliance.”

Not Quite Ready for Mainnet But Soon

Lightning Labs explains individuals who analysis the software should still use testnet coins, and delay until the aggregation is afterpiece to mainnet usage. The abutting absolution will accommodate assurance measures afore applying the agreement to the mainnet mode. Further, Osuntokun explains that the new LND framework contains “several breaking changes,” which agency users charge to advancement to a beginning installation, or abolish their absolute ‘channel.db’ database.

The notable changes added to the LND basement accommodate TLS affiliation and Macaroon-based RPC affidavit as well. Also, there’s a affection alleged “Self-Driving Lightning” which provides affairs for automated approach management. Additionally, LND offers a new bitcoin ablaze applicant operating approach that can accomplish it accessible to run a standalone ablaze client.

Lightning Network Litecoin & Bitcoin Interoperability

One aspect of the new absolution that has absorbed cryptocurrency admirers is the “Litecoin Operating Mode.” The Lightning Labs aggregation has added abutment for the litecoin blockchain and an LTC backend.

The affection agency that LND is now able of quickly switching aback and alternating amid the bitcoin and litecoin chains. “This is actual agitative as the cipher axle put in abode to accomplish this about-face seamless additionally lays some important background for the multi-chain LND operating approach that is beneath development,” details Osuntokun.

Lots of bitcoiners beyond forums and amusing media were aflame to see the new LND absolution anon chase Segwit activation. The software and development looks like it is accepting abutting to operating in the absolute world.

What do you anticipate about the latest LND release? Do you like that there is interoperability amid litecoin and bitcoin networks? Let us apperceive your thoughts in the comments below.

Images via Pixabay, Twitter, and Bitcoin.com.

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