Lightning Network Explorer released

ACINQ Team recently released Explorer for a Lightning Network
11 December 2017   1172

ACINQ, the developers of Lightning Network just released the Lightning Network Browser.

The explorer displays all known nodes and channels, of which the Lightning Network (LN) is composed. Due to the fact that the developers managed to achieve compatibility of various LN implementations, Explorer users can see the nodes C-lightning, Eclair and lnd.

Lightning Network Browser
Lightning Network Browser

By default, all nodes with a public IP address and activated geolocation are displayed on the world map. When you select a separate node, the application highlights all associated channels, and also shows the URI in text and QR code. Users of Android-purse Eclair can simply scan the latter and automatically open the channel with the node.

While the explorer works exclusively in the test version of the bitcoin network. Developers also note that transactions in the Lightning Network are not publicly displayed: they are encrypted and forwarded between the sender and the receiver using intermediate nodes through a routing protocol similar to Tor.

In other words, Lightning transactions offer significant privacy improvements over regular on-blockchain transactions.
 

ACINQ Team

It is also worth reminding that on 17.11.2017 first atomic BTC to LTC swap was performed in the Lightning Network.

BitPay to Receive New York's BitLicense

Having received BitLicense, BitPay can now conduct business with New York-based companies and consumers
17 July 2018   87

The well-known cryptocurrency processing service BitPay obtained a license to work with virtual currencies in the state of New York. Known also as BitLicense, this license is issued by the New York Department of Financial Services (NYDFS) and grants its holders the ability to conduct activities related to cryptocurrencies in the state.

NYDFS has carefully studied the company's application, including its policy on measures to combat money laundering, customer identification, fraud prevention, cybersecurity. The financial situation of the company was also thoroughly analyzed.

New York state has one of the strictest policies around businesses involved in cryptocurrency and working through the approval processes to obtain a License was important to BitPay. We believe this hard work will pay off as New York presents significant business opportunities for BitPay.
 

Stephen Pair

CEO, BitPay

Having received BitLicense, BitPay can now conduct business with New York-based companies and consumers: the first will be able to use the company's processing services to accept payments in Bitcoin and Bitcoin Cash, the latter will pay for various goods and services using these two BitPay supported cryptos.

Note that BitPay was only the eighth company that received BitLicense. Other license holders are Square, Xapo, Genesis Global Trading, bitFlyer USA, Coinbase, Ripple and Circle. In addition, special permissions for operations with crypto-currencies are exchanged by Gemini and itBit.