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ADA $0.1671 +1.91%
BCH $206.50 -0.10%
LINK $7.85 -0.49%
HYPE $62.08 +0.71%
AAVE $61.99 -1.81%
SUI $0.7452 -0.67%
XLM $0.1970 -1.87%
ZEC $472.79 +10.41%

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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