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BTC $77,791.14 -3.45%
ETH $2,167.80 -3.98%
BNB $650.85 -4.77%
XRP $1.40 -4.67%
SOL $85.74 -5.98%
TRX $0.3511 -0.17%
DOGE $0.1084 -5.18%
ADA $0.2526 -5.31%
BCH $413.00 -4.30%
LINK $9.64 -6.34%
HYPE $40.57 -10.77%
AAVE $88.14 -8.32%
SUI $1.05 -7.45%
XLM $0.1503 -5.36%
ZEC $488.04 -9.24%

CKB has released the next-generation public Lightning Network Fiber Network light paper, which will go live next week for testing

2024-08-23 19:20:33
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ChainCatcher message, CKB releases the next-generation public lightning network Fiber Network light paper. Fiber Network is a next-generation public lightning network built on Nervos CKB and off-chain channels, providing fast, low-cost, and decentralized multi-currency payments and peer-to-peer transactions for RGB++ assets.

Similar to the Bitcoin Lightning Network, Fiber Network operates as a layer-two payment channel expansion solution, conducting transactions off-chain to enhance transaction speed and reduce costs while maintaining the security and decentralization of the blockchain. Fiber Network supports multiple asset types; in addition to the CKB native token, any RGB++ asset can be paid on Fiber Network. The overall architecture of Fiber Network includes core modules such as off-chain payment channels, on-chain contracts, multi-hop routing, and monitoring services. Currently, Fiber Network has completed prototype development, achieving basic functionalities for creating, updating, and closing channels between two nodes, while also validating cross-chain functionality with the Bitcoin Lightning Network.

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