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What is Perun?
Perun represents a groundbreaking off-chain framework designed to enable real-time payments alongside complex business logic, thereby augmenting the functionality of any blockchain. By linking users across multiple blockchain networks, Perun fosters greater interoperability between different currencies and systems. This capability leads to immediate, energy-efficient, and cost-effective transactions that utilize Layer-2 technology to enhance throughput significantly. The framework employs virtual channel technology to maintain the privacy of transaction data while consistently showcasing strong security protocols to support sophisticated procedures. Additionally, Perun supports payments via NFC and Bluetooth, ensuring operations can continue smoothly even in the absence of an internet connection. A crucial element of Perun’s off-chain architecture is its State Channels, which allow users to execute a substantial number of transactions off-chain while keeping security anchored to the underlying blockchain. Moreover, the integrity of its protocols has undergone thorough assessments through cutting-edge cryptographic techniques, guaranteeing top-tier reliability and safety. This blend of innovative technology and stringent security measures firmly establishes Perun as a premier solution tailored for contemporary payment challenges, appealing to a wide range of users and industries. Ultimately, Perun not only meets the demands of today's fast-paced financial landscape but also sets the stage for future advancements in blockchain technology.
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.
Integrations Supported
Alchemy Pay
Bitaroo
Bottlepay
Breez
Build on Bitcoin (BOB)
Ethereum
Exodus
Galoy
Mutiny Wallet
Primal
Integrations Supported
Alchemy Pay
Bitaroo
Bottlepay
Breez
Build on Bitcoin (BOB)
Ethereum
Exodus
Galoy
Mutiny Wallet
Primal
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
PolyCrypt
Company Location
Germany
Company Website
perun.network/
Company Facts
Organization Name
Lightning Network
Date Founded
2015
Company Website
lightning.network/