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Blockstream Launches Non-Custodial Lightning Solution

October 12, 2023
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Blockstream, a worldwide chief in Bitcoin infrastructure expertise, has introduced its new “Lightning-as-a-Service” resolution known as Greenlight, in accordance with a press launch despatched to Bitcoin Journal. This providing goals to offer the mixing of quick, cost-effective Bitcoin funds via the Lightning Community for builders and enterprise shoppers worldwide.

The present panorama of Lightning funds presents customers with a dilemma the place they need to select between comfort and self-custody. Custodial options provide ease of use however sacrifice safety and monetary independence, whereas non-custodial options, though safe, demand substantial operational experience.

“The problem is to alleviate this burden with out compromising on safety or performance,” stated Blockstream’s Core Tech Engineer and Greenlight lead, Christian Decker. “It is designed to let builders combine Lightning of their apps seamlessly whereas granting customers full unique management over their funds.”

Greenlight employs an structure that ensures non-public keys, granting unique management of funds, are saved by the consumer and by no means shared with Blockstream’s infrastructure. For app builders, this strategy reduces the danger and legal responsibility related to holding consumer funds whereas sustaining full management for customers.

The introduction of Greenlight goals to simplify the challenges builders face in constructing and sustaining Lightning infrastructure. By outsourcing these complexities to Blockstream, firms can concentrate on creating revolutionary Lightning-based purposes with out compromising safety or performance, eliminating the necessity for expensive options and releasing up treasured time for innovation.

Greenlight developer certificates, offering entry to the service’s API, can be found via the Greenlight developer console. To encourage the expansion of purposes that use self-custodial Lightning, Blockstream is providing a free tier, empowering developer experimentation with the potential to deploy as much as 1,000 “on-demand” nodes. For enterprises with extra in depth necessities, Blockstream affords paid plans that broaden node limits and supply uptime and availability ensures. 



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Tags: BlockstreamLaunchesLightningNonCustodialSolution
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