Author: Jasper Hugunin 2015-08-11 17:48:57
Published on: 2015-08-11T17:48:57+00:00
Jasper Hugunin, a developer at HashPlex, has announced the release of his prototype Lightning node in Python. The Lightning node will be released tomorrow and comes with several features that include micropayment channels supporting unilateral close, basic routing support which allows payment to be routed multiple hops, integration tests and an MIT License. The Lightning node is an off-chain scaling solution for Bitcoin that allows users to send and receive payments instantly. It is designed to reduce congestion on the Bitcoin blockchain and improve transaction speed. With this release, Jasper Hugunin has provided a significant contribution towards the development of the Lightning network. The Lightning network has been gaining popularity among the Bitcoin community due to its potential to solve scalability issues, enable faster transactions, and reduce transaction fees. The release of this prototype node will further strengthen the Lightning network and provide developers with an opportunity to test and improve the technology. Overall, Jasper Hugunin's announcement is a significant development for the Bitcoin community as it brings us one step closer to solving the scalability issue and improving the adoption of cryptocurrencies in mainstream use cases.
Updated on: 2023-05-23T19:19:59.159083+00:00