Austrian startup made a transaction via the Lightning Network on the bitcoin ATM

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2018-02-09 19:30:03

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Austrian startup made a transaction via the Lightning Network on the bitcoin ATM

Lightning Network — add-on bacchanal , allowing you to quickly and virtually without a fee to carry out millions of transactions, bypassing the core network. Now she is in the early stages of development, but is already actively tested by users. Recently the Austrian startup Coinfinity made the first-ever transaction on the network Lightning Network using its own bitcoin ATM.

Representatives of the company announced that it was unable to make the first translation outside of the blockchain right in the office. To show the guys even recorded a video demonstrating the purchase of Bitcoin.

It is believed that the network Lightning Network in the long term can be a solution to the congestion problems the main of the Bitcoin network and will work as a payment system for small transactions.

Despite the fact that Lightning Network is still in the alpha stage of the test, he already has about four hundred nodes and more than 1,000 open channels. In addition, LN is already actively tested by the community, developers and simple users. Recently, a subscriber with Reddit announced that it acquired by the Lightning Network Wi-Fi router company TorGuard. The seller confirmed that the transaction took place, and stressed that he did not intend to abandon the use of the Lightning Network in the future.

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