Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Ratings and Reviews 1 Rating

Total
ease
features
design
support

Alternatives to Consider

  • ClouDNS Reviews & Ratings
    133 Ratings
    Company Website
  • WinningBidder.com Reviews & Ratings
    131 Ratings
    Company Website
  • StarTree Reviews & Ratings
    25 Ratings
    Company Website
  • ServiceWorks Reviews & Ratings
    2 Ratings
    Company Website
  • Fastly Reviews & Ratings
    793 Ratings
    Company Website
  • 1 Rating
    Company Website
  • BigCommerce Reviews & Ratings
    1,046 Ratings
    Company Website
  • Blockdaemon Reviews & Ratings
    2 Ratings
    Company Website
  • ScalaHosting Reviews & Ratings
    2,112 Ratings
    Company Website
  • OORT DataHub Reviews & Ratings
    13 Ratings
    Company Website

What is Lightning Network?

The Lightning Network for Bitcoin facilitates instantaneous payments, offering quick blockchain transactions that circumvent the typical wait associated with block confirmations. It boosts security through smart contracts on the blockchain, negating the requirement for distinct on-chain transactions for every payment. Users can enjoy transaction times that vary from milliseconds to just seconds. This innovative network features impressive scalability, able to manage millions or even billions of transactions every second, significantly eclipsing the capacity of conventional payment systems. Moreover, it allows payments to be tied to specific actions or clicks without relying on intermediaries. Another advantage is its cost-effectiveness, as off-chain transaction settlements lead to significantly reduced fees, enabling groundbreaking applications such as real-time micropayments. The Lightning Network also facilitates cross-chain atomic swaps that can be executed instantly and off-chain, given that the involved blockchains share the same cryptographic hash function. This capability for interoperability among various blockchain systems introduces exciting opportunities for smoother financial exchanges. With its dynamic features, the Lightning Network is set to revolutionize the way transactions are conducted in the digital realm.

What is Bitcoin?

Bitcoin is a revolutionary payment system and a unique currency that functions on a decentralized network, leveraging peer-to-peer technology to remove the necessity for traditional banks or central authorities. Transactions and the distribution of bitcoins are collaboratively managed by its users, which enhances its efficiency and reliability. As an open-source platform, Bitcoin's architecture is transparent, ensuring that no single entity has ownership or control, thus inviting global participation in its network. Its innovative attributes allow for applications that traditional payment methods cannot support, opening new avenues for financial interaction. With robust mathematical principles and energy consumption underpinning transactions, Bitcoin ensures the security of user funds. The use of cryptographic signatures guarantees that only authorized individuals can access their assets, while the energy expended in proof of work (PoW) fortifies transaction integrity, safeguarding against any potential modifications or losses. By implementing necessary security measures for their wallets, users of Bitcoin gain enhanced financial independence and a strong defense against various types of fraud. This creates not only a secure environment for transactions but also fosters a vibrant community of users, eager to explore the possibilities of this digital currency.

Media

Media

Integrations Supported

BlueWallet
Bottlepay
Breez
Electrum
Elysium
Fountain
Keet
LNPay
Mash
Muun
Neutronpay
NiceHash
Primal
Speed
Sphinx
Tippin
Wallet of Satoshi
Xverse
Zeus
lntxbot

Integrations Supported

BlueWallet
Bottlepay
Breez
Electrum
Elysium
Fountain
Keet
LNPay
Mash
Muun
Neutronpay
NiceHash
Primal
Speed
Sphinx
Tippin
Wallet of Satoshi
Xverse
Zeus
lntxbot

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Lightning Network

Date Founded

2015

Company Website

lightning.network/

Company Facts

Organization Name

Bitcoin

Date Founded

2009

Company Website

bitcoin.org

Categories and Features

Popular Alternatives

Flexa Reviews & Ratings

Flexa

Flexa Network

Popular Alternatives

Stellar Reviews & Ratings

Stellar

Stellar Development Foundation
Impervious Reviews & Ratings

Impervious

Impervious Technologies
Meter Reviews & Ratings

Meter

Decentralized Finance Labs
Ethereum Reviews & Ratings

Ethereum

Ethereum Foundation