Sunday February 28, 2021
Bitcoin (BTC) $45,195.00   Ether (ETH) $1,410.30
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Featured

ACINQ successfully tests Lightning Network on Litecoin

Published by CryptoNinjas.net
04/25/2017

ACINQ, a Paris-based startup building an implementation of Lightning, a scalable instant payment network built on top of the Bitcoin blockchain has today announced the testing of the Lightning Network on Litecoin.

The company said that with the recent surge in SegWit signaling on Litecoin, there is a good chance that it will be activated very soon. With ACINQ’s eclair 0.2-alpha3 soon to be released, the team studied what was needed to make Lightning run on Litecoin.

ACINQ testing was successful and worked out the box aside from a few parameter changes. Further, it was indicated that it was a real possibility that the first Lightning payment carrying real value will be made with LTC.

What Does it Mean?

The test paves the way for a much-anticipated feature of Lightning: trustless instant atomic cross-chain swaps.

In this particular case, users will be able to exchange BTC for LTC instantly, without requiring trusted third parties, using “atomic” transactions (i.e. either person X gets his LTC and person Y gets his BTC, or nothing is transferred).

LTC Bullish

Ever since word of SegWit adoption began bubbling at the end of March, LTC/USD has shot from $4.00 to touch $16.00 resistance today. The pair has since retreated to $14.72 at the time of writing, still good for a 400% return give or take a few points since March 30th.

10
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

ACINQ introduces Phoenix, a native Lightning-enabled Bitcoin wallet
Featured

ACINQ introduces Phoenix, a native Lightning-enabled Bitcoin wallet

12/12/2019
Bitcoin developer ACINQ raises $8 million to improve Lightning protocol
Capital Raising

Bitcoin developer ACINQ raises $8 million to improve Lightning protocol

10/08/2019
TokenSoft launches support for SegWit on Bitcoin
Bitcoin

TokenSoft launches support for SegWit on Bitcoin

05/30/2019
Bitrefill and ACINQ open the first 1 BTC Lightning Network channel
Bitcoin

Bitrefill and ACINQ open the first 1 BTC Lightning Network channel

05/30/2019
Gemini bitcoin exchange upgrades wallet system with full support for SegWit
Crypto Exchanges

Gemini bitcoin exchange upgrades wallet system with full support for SegWit

04/15/2019
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
Glow programming language brings smart contract simplicity to Cardano

Glow programming language brings smart contract simplicity to Cardano

02/26/2021
This was avoidable – The lost Bitcoin fortunes

This was avoidable – The lost Bitcoin fortunes

02/26/2021
ZelaaPayAE deploys Pundi X's merchant crypto payment solutions for UAE

ZelaaPayAE deploys Pundi X’s merchant crypto payment solutions for UAE

02/24/2021
Anchorage raises $80M Series C, led by GIC, Singapore's sovereign wealth fund

Anchorage raises $80M Series C, led by GIC, Singapore’s sovereign wealth fund

02/25/2021
Tendermint invests in Tgrade to bolster Cosmos' growing DeFi ecosystem

Tendermint invests in Tgrade to bolster Cosmos’ growing DeFi ecosystem

02/24/2021
Crypto platform NetCents to offer users access to DeFi protocols thru Vesto

Crypto platform NetCents to offer users access to DeFi protocols thru Vesto

02/27/2021
SmartKey to integrate with GeoDB to build the blockchain-based data ecosystem

SmartKey to integrate with GeoDB to develop blockchain-based data ecosystem

02/26/2021
This was avoidable – The lost Bitcoin fortunes

This was avoidable – The lost Bitcoin fortunes

02/26/2021
Bitcoin exchange Xcoins receives In-Principle Approval for Malta's VFA license

Bitcoin exchange Xcoins receives In-Principle Approval for Malta’s VFA license

02/26/2021
Token-based commodities DEX Mettalex launches on Binance Smart Chain and Ethereum

Token-based commodities DEX Mettalex launches on Binance Smart Chain and Ethereum

02/26/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version