The developers have published version 1.0 of the Protocol Lightning Network

Developers companies ACINQ, Blockstream
and Lightning Labs has announced the release of version 1.0 of the Protocol, Lightning, and the first of its kind testing of payments in the core network of Bitcoin in all three implementations. It can be regarded as important steps towards the standardization of solutions of the second — level network Lightning Network designed for out-of-network payments. Three teams and other members of the bitcoin community has developed a specification of Lightning, combining their efforts.

«Interoperability is the key to Lightning success. More than a year we worked to create a specification that would allow us and other developers to write implementation able to interact with each other,» said Elizabeth stark (Elizabeth Stark), President of the Lightning Labs. «This ensures that whatever the implementation or the preference of the user, each will be tied to a single Network Lightning».

«This is the culmination of a year’s work on the Protocol specification, and tests show that we have established a Protocol that promises high scalability, increased privacy and faster payments,» said Christian Decker (Christian Decker), engineer-Blockstream.

In parallel with the development of the Protocol focused on interoperability and compatibility between different products, each of the three teams also created their own implementation Lightning: ACINQ developed eclair, Blockstream — c-lightning, and Lightning Labs — lnd.

In the first test, the coffee shop Starblocks, test application eclair, took payment in bitcoin from the customer, to carry out the payment through the app lnd, routed through the c-lightning.

In the second test, the developers made the payment from eclair to yalls.org test application lnd, routed through the c-lightning.

«It demonstrates another application of Lightning: the ability to send instant, small payments,» said three companies.

In the tests we used nodes distributed worldwide, including Asia, Europe, South America and North America.

It seems very plausible that these and other compatible implementations Lightning Network in one day will be able to work in the Bitcoin blockchain, but the developers are cautious and don’t want to talk about a specific time when this will be possible.

«Our next steps — testing and the most rapid development, aimed at creating a beta version of a core network, where users will be able to operate with small amounts of Bitcoin on the network,» said stark.

Decker plans to focus on the end customer and separate releases. He stressed that the key factor is the patient approach and focusing on safety.

«We make no promises. We do not release unfinished software out of respect for the money of our users,» he said.

Lightning Network is an overlay network built on top of the existing Bitcoin blockchain. Implementation Lightning Network creates a new grid layer for simultaneous instant payments. Interoperability will create Lightning Network, where payments are routed easily.

Limited scalability — one of the main problems associated with the current technology of Bitcoin. In fact, existing Bitcoin blockchain can only process a few transactions per second, far below the thousands of transactions per second processed by the main networks of a credit card payments. Therefore, adhering to the first Bitcoin White paper Lightning Network, published in February of 2015, the developers worked on implementing the Lightning Network, which will ensure the scalability of Bitcoin, micropayments efficient and almost instantaneous transaction.

On this page on Github describes the recent results of integration tests for the three implementations Lightning.

«As we move towards a final specification version 1.0, we invite all community members to evaluate our work and provide feedback,» reads the announcement. «We look forward to continue joint work on creation of technology scaling on the second level.»

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