BTC $62,873.48 -0.73%
ETH $1,878.95 -0.33%
BNB $605.78 -0.55%
XRP $0.9989 -0.98%
SOL $74.98 -1.43%
TRX $0.3326 -0.32%
DOGE $0.0697 -0.61%
ADA $0.1795 -1.03%
BCH $202.98 -1.52%
LINK $8.96 +1.76%
HYPE $55.65 -3.24%
AAVE $86.33 -1.49%
SUI $0.6787 -1.02%
XLM $0.1589 -0.47%
ZEC $492.24 +1.55%
BTC $62,873.48 -0.73%
ETH $1,878.95 -0.33%
BNB $605.78 -0.55%
XRP $0.9989 -0.98%
SOL $74.98 -1.43%
TRX $0.3326 -0.32%
DOGE $0.0697 -0.61%
ADA $0.1795 -1.03%
BCH $202.98 -1.52%
LINK $8.96 +1.76%
HYPE $55.65 -3.24%
AAVE $86.33 -1.49%
SUI $0.6787 -1.02%
XLM $0.1589 -0.47%
ZEC $492.24 +1.55%

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

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.

app_icon
ChainCatcher Building the Web3 world with innovations.