Lightning Network Explorer released

ACINQ Team recently released Explorer for a Lightning Network
11 December 2017   2485

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.

Lightning Labs to Raise $10M

As reported, the raised funds will be allocated to enforce the team with developers and commercial speciaslists
06 February 2020   307

Lightning Labs attracted $ 10 million investment during the A-series financing round, and also introduced a beta version of its payment service for outlets that work with bitcoin.

If bitcoin is going to reach its potential as a viable global currency, it’s going to need to scale beyond the base layer. Similar to how Visa relieves banks from handling all fiat currency traffic, Lightning relieves the base bitcoin chain from handing all transactions, thus bring more speed and fee efficiency to the network.

 

Brian Murray

Managing Director at Craft Ventures

With the help of the raised funds, the company intends to hire more developers and commercial specialists, so that it will be able to convey the applied solutions to users. In 2018, Lightning Labs unveiled a beta version of its LND scaling solution and received $ 2.5 million investment from several investors, including Twitter CEO Jack Dorsey and Litecoin creator Charlie Lee.

Now a beta version of the new Lightning Loop service has been launched, with the help of which outlets can more effectively manage payment channels and maintain liquidity in them. Several customers have already become interested in this tool, including the developer of the Fold shopping application, which processed approximately 1,600 transactions through the Lightning Network during the holidays in 2019.

We’re growing fast and Lightning Labs’ loop service makes it simple to manage our lightning node’s liquidity, letting our team focus on building out great user experiences that bring lightning to the world.

 

Will Reeves

Fold

According to Lightning Labs, this year the company will be developing tools for working with larger payment channels. We are talking about both individual channels, which individually can hold more than $ 1,500, and multidirectional ones, which break down payments into smaller parts.