Lightning Network to be unified

Lightning Network announces its plans towards unification with LND, Eclair, and c-lightning
25 August 2017   2029

Lightning Network, a decentralized network using smart contract functionality in the blockchain to enable instant payments across a network of participants, announces its plans towards bringing the protocol of microtransactions to a common standard.

As reported, the goal is to create a single standard for various protocol implementations.

The Lightning Network community has been collaborating on the spec for over a year, and the team has started testing for interoperability between three implementations: c-lightning, eclair, and lnd.

Development of our respective Lightning implementations is still underway, and we will be doing further testing before releasing any software for mainnet. We encourage anyone who wants to get involved to contribute to our testing and development efforts.

Lightning Network developers team

On top of that, the company is also announcing the release of a cross-implementation testing site.

Binance to Launch Crypto-Fiat Exchange at Jersey

The new exchange will feature BTC / GBP, ETH / GBP, BTC / EUR and ETH / EUR trading pairs
16 January 2019   72

Binance has opened a branch at Jersey island, targeting Europe and the UK. Its clients will be able to trade Bitcoin and Ethereum for the euro and the British pound. 

The new exchange will feature BTC / GBP, ETH / GBP, BTC / EUR and ETH / EUR trading pairs. To start trading, users must undergo KYC verification.

According to Binance CFO Ju Wei, bidding cryptocurrencies for fiat money will provide Europeans with new opportunities in the face of uncertainty with Brexit affecting the euro and the pound.

Wei also stressed that a strong legal framework makes Jersey one of the leaders in the development of blockchain technology.