Lightning Network Gets 3 Beta Implementations as Adoption Spreads

The week of June 25 marked a new array of firsts for Bitcoin’s Lightning Network with acceptance rising and all three of its implementations entering beta.

c-lightning, lnd And Eclair Go Beta

The product of intense development, c-lightning, lightning network daemon (lnd) and Eclair formally entered beta release Monday.

Commenting on the milestone, c-lightning developer Blockstream said hinted the technology would now become more straightforward for end users – a key aspect in driving acceptance.

“It migrates away from the protocol used while designing the specification and toward a new architecture that is modular and extensible, to better adapt to your needs and your infrastructure,” a blog post explains.

Blockstream’s beta includes a “full-fledged” wallet for c-lightning, as well as compatibility for connecting to nodes running over the TOR network.

Merchants Get New Acceptance Competitors

Lightning has grown considerably in the approximately seven months the technology’s Bitcoin mainnet implementation has been live.

Since Blockstream launched its Lightning-enabled webstore in January, the network has seen over 16,000% growth, now handling 25 BTC worth of payments using over 2560 nodes and 7600 channels. What’s more, many thousands more channels are private and not not visible in online statistics.

At the same time, startups have begun to vie for first mover advantage in opening up Lightning’s benefits to less technical Bitcoin audiences, both private and business…

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