edward on Nostr: 🚀 The Lightning Network is gaining momentum! New technologies like hierarchical ...
🚀 The Lightning Network is gaining momentum! New technologies like hierarchical channels and splicing are set to revolutionize the #LightningNetwork ecosystem, making it more efficient.
I wrote a new article (in Dutch only) for BitcoinFocus (npub1fye…3djs) about these new proposals, about a new LN node within a statechain wallet, BOLT12 updates and nostr updates!⚡
💡And to get busy experimenting, try my two DIY's. One about combining your own Lightning Address with your own domain, thanks to Alby (npub1get…0nfm) and one about the amazing nostr hardware signer which were launched/created by Ben Arc (npub1c87…8avm) and fiatjaf (npub180c…h6w6) and many more amazing devs!
Here's what you need to know 👇
⚡ Hierarchical channels: This technology allows for multiple layers of sub-channels within a Lightning channel, enabling transactions to be carried out at different levels and making the network more scalable.
🧩 Splicing: An advanced technique that allows users to combine transactions, making them more efficient and cheaper. Splicing also enables channels to remain open and add more liquidity without requiring additional transactions. #splicing
🌐 These innovations lead to lower costs, faster transactions, and an improved user experience within the Lightning Network. It becomes easier for users to participate in the Lighting and Bitcoin space!
💡 Hierarchical channels and splicing are still in development, but their potential is immense!
🔗👉 https://bit.ly/3Hk6ohd
I wrote a new article (in Dutch only) for BitcoinFocus (npub1fye…3djs) about these new proposals, about a new LN node within a statechain wallet, BOLT12 updates and nostr updates!⚡
💡And to get busy experimenting, try my two DIY's. One about combining your own Lightning Address with your own domain, thanks to Alby (npub1get…0nfm) and one about the amazing nostr hardware signer which were launched/created by Ben Arc (npub1c87…8avm) and fiatjaf (npub180c…h6w6) and many more amazing devs!
Here's what you need to know 👇
⚡ Hierarchical channels: This technology allows for multiple layers of sub-channels within a Lightning channel, enabling transactions to be carried out at different levels and making the network more scalable.
🧩 Splicing: An advanced technique that allows users to combine transactions, making them more efficient and cheaper. Splicing also enables channels to remain open and add more liquidity without requiring additional transactions. #splicing
🌐 These innovations lead to lower costs, faster transactions, and an improved user experience within the Lightning Network. It becomes easier for users to participate in the Lighting and Bitcoin space!
💡 Hierarchical channels and splicing are still in development, but their potential is immense!
🔗👉 https://bit.ly/3Hk6ohd