BTC $63,118.62 +0.21%
ETH $1,891.21 +0.68%
BNB $603.86 -0.47%
XRP $0.9989 -0.09%
SOL $75.12 -0.20%
TRX $0.3320 +0.39%
DOGE $0.0701 +0.94%
ADA $0.1763 +0.03%
BCH $204.67 +0.55%
LINK $9.52 +0.69%
HYPE $58.27 +2.32%
AAVE $86.68 +0.78%
SUI $0.6738 -0.19%
XLM $0.1567 -0.02%
ZEC $490.94 +1.28%
BTC $63,118.62 +0.21%
ETH $1,891.21 +0.68%
BNB $603.86 -0.47%
XRP $0.9989 -0.09%
SOL $75.12 -0.20%
TRX $0.3320 +0.39%
DOGE $0.0701 +0.94%
ADA $0.1763 +0.03%
BCH $204.67 +0.55%
LINK $9.52 +0.69%
HYPE $58.27 +2.32%
AAVE $86.68 +0.78%
SUI $0.6738 -0.19%
XLM $0.1567 -0.02%
ZEC $490.94 +1.28%

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.