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Why is Decred’s client-side SPV the perfect home for the Lightning Network?

EPISODE · Feb 22, 2024 · 4 MIN

Why is Decred’s client-side SPV the perfect home for the Lightning Network?

from Cypherpunk Times · host Cypherpunk Times

The Lightning Network (LN) has achieved the monumental target of processing thousands of transactions per second at the cost of a single atom per transaction (0.00000001 DCR). But is it to have this functionality in a lightweight non-custodial wallet? The answer is yes, it’s already been built and is functioning as intended. Checkout Bison Relay to learn more. But what about the anti-Lightning Network narratives? Popular voices in the crypto space are suggesting that the Lightning Network doesn’t work, can’t achieve its goals, and only has full functionality when used through custodial wallet providers. Is this false information? Although, this is certainly the case with a lot of popular wallet providers, it doesn’t have to be this way. As said previously, Bison Relay is a good example of this.

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Why is Decred’s client-side SPV the perfect home for the Lightning Network?

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