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BTC $78,000.64 -3.26%
ETH $2,175.94 -3.64%
BNB $654.05 -5.00%
XRP $1.41 -4.42%
SOL $86.09 -5.79%
TRX $0.3522 +0.12%
DOGE $0.1089 -5.19%
ADA $0.2541 -5.08%
BCH $412.05 -4.56%
LINK $9.66 -6.41%
HYPE $40.76 -9.66%
AAVE $88.96 -7.50%
SUI $1.05 -6.98%
XLM $0.1513 -5.08%
ZEC $496.46 -7.15%

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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