New GUI For C-Lighnting to be Released

Developer claims that Spark will make the use of the Lightning Network much easier
29 August 2018   1240

The developer and creator of the Bitrated project Nadav Ivgi presented the minimalist graphical user interface (GUI) of Spark. As a backend, Spark uses the c-lightning solution, which is the implementation of the Lightning Network protocol from Blockstream's blocking company.

Ivgi argues that Spark will make the use of the Lightning Network much easier, including through flexibility in the context of the configuration. A new GUI can be launched remotely via a web browser, on a local server using an application based on the open source Electron framework or on Android.

Earlier, Blockstream launched a demo version of c-lightning (v0.6) with TOR support, increased API stability and support for "light" nodes.

Lightning Network Wallet by Breez to be Out For iOs

Solution is based on the lightweight client called Neutrino and it wallet supports Submarine Swaps technology
18 June 2019   202

The Breez payment platform introduced a non-custodial wallet for iPhone that supports the Lightning Network protocol.

The basis of the new product is a lightweight client Neutrino. It is also known that the wallet supports Submarine Swaps technology, which makes it possible to conduct transactions between online addresses and the Lightning Network.

The company's blog says that immediately after installation, the application automatically connects the channel to the so-called Breez hub connected to other Lightning nodes, which allows the user to conduct transactions with any participants in the second-level network. In addition, according to the founder of the company, Ron Scheinfeld, the possibility of a refund is provided in the event of challenging purchases.

In a Lightning economy, people trade money for goods and services. Intermediaries — banks, credit cards, online payment processors, and custodians of any kind — are obsolete. All that remains are the people, trading with each other anywhere, anytime, free to do what each of them thinks is best with their own money. Scale is no longer a concern. Transactions are virtually instantaneous and practically free. The people are free too. Finally.

Roy Sheinfeld
Co-Founder and CEO, Breez

The company also noted that within only two months after the release of the version for Android, Breez benefited from "hundreds of users." Currently, the wallet is in beta.

On the eve of the release of the iOS application, the startup managed to attract $ 500,000 from Recruit Strategic Partners and Fulgur Ventures. The funds will be used to develop an application for merchants, allowing them to accept Lightning-payments.