Lightning Network (LN)’s first official beta application launched on March 15. Developer firm Lightning Labs has announced that it has received $2.5 million in funding from major investors.
LIGHTNING’S MAINNET BLENDING POINT
Lightning Network Daemon (which allows developers to access the Lightning Network more easily) lnd) represents the first Mainnet beta version of this revolutionary technology that enables Bitcoin to be used as a currency. It is the first version with the option to run on the Bitcoin mainnet with the required security, safety and fault tolerance features.”
This release marks the final milestone for LN, but will continue to evolve in terms of adoption and technical progress.
Earlier this week, Bitcoinist reported that the protocol had 1,000 nodes and 2000 nodes. got the channel – this growth was achieved almost only in 2018.
JACK DORSEY, CHARLIE LEE FROM BIG LN INVESTORS
In addition to the support of computer giant Microsoft, well-known names in the Bitcoin industry are also Lightning Labs provided funding to. Some of these names include Twitter CEO Jack Dorsey, Tesla and SpaceX angel investor Bill Lee, Robinhood co-founder Vlad Tenev, and Litecoin creator Charlie Lee. .
Other names in the cryptocurrency world remain positive about Lightning, including Blcokstream CSO Samson Mow.
However, criticisms about this technology there is also. Bitcoin Core developer Peter Todd expressed concerns about the protocol’s rush before security questions are resolved this month, citing the possibility of users losing money by irresponsibly rushing the service to the community. has expressed similar concerns since then.
Bitcoinist