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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 Godwoken?

Godwoken functions as an optimistic rollup, leveraging Layer 1 security while providing instant transaction finality and low fees within a fully Ethereum-compatible environment on the Nervos platform. This seamless integration allows Ethereum developers to easily migrate their decentralized applications (dApps) to Nervos, placing them at the forefront of the developing DeFi ecosystem. Moreover, Godwoken acts as a multi-chain solution that features advanced account abstraction, which supports both versatile wallet configurations and conventional user accounts, thereby enhancing the overall user experience to resemble that of the internet. Additionally, through the innovative Force Bridge, cross-chain assets like ETH and ERC-20 tokens can be employed within dApps hosted on Nervos, further boosting interoperability within the ecosystem. By doing so, Godwoken not only enhances accessibility but also fosters the expansion of a dynamic and interconnected blockchain community, paving the way for future innovations. Ultimately, this creates a robust environment for developers and users alike, encouraging collaboration and exploration within the decentralized landscape.

Media

Media

Integrations Supported

Alchemy Pay
Bottlepay
Breez
Damus
Electrum
Etleneum
Exodus
FixedFloat
Fountain
Hiro Wallet
Keet
Muun
Neutronpay
Simple Bitcoin Wallet (SBW)
Strike
Tippin
Wallet of Satoshi
ZapRead
Zeus
Zion

Integrations Supported

Alchemy Pay
Bottlepay
Breez
Damus
Electrum
Etleneum
Exodus
FixedFloat
Fountain
Hiro Wallet
Keet
Muun
Neutronpay
Simple Bitcoin Wallet (SBW)
Strike
Tippin
Wallet of Satoshi
ZapRead
Zeus
Zion

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

Nervos Network

Date Founded

2018

Company Website

www.nervos.org/godwoken

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