Lightning Network Without Invoices Brings Us Closer to Streaming Money – Bitcoinist.com

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Lightning Network Without Invoices Brings Us Closer to Streaming Money - Bitcoinist.com

A brand new function for Bitcoin’s Lightning Network (LN) implementation permits customers to ship funds immediately without having to first create an bill.


Sphinx Enables ‘New Use Cases’

The newest improve, ‘Sphinx,’ which builders describe as being a “work in progress,” is nonetheless already obtainable to anybody.

“The coolest part about this new feature is that it can be used today in the wild as long as both nodes are updated to this branch!” creator Olaoluwa Osuntokun wrote in a Github repository devoted to the challenge.

The Lightning Network is a protocol at present lively for Bitcoin and Litecoin which permits customers to ship tokens immediately and for a charge averaging lower than 1 US cent.

The expertise debuted on the Bitcoin community a yr in the past, and has grown quickly, however stays in an experimental state as builders iron out stability and reliability points.

At current, sending or receiving a transaction nonetheless requires some technical understanding, which has made Lightning an unattractive possibility for entry-stage customers regardless of its time and value advantages.

Lightning’s ‘Best’ Feature Yet?

Sphinx, which Osuntokun says “allows users to start exploring a new set of use cases,” goals to clear up that predicament.

It removes the necessity to create a cost bill for a transaction, permitting extra “spontaneous” exercise and sidelining a significant technical component doubtlessly off-placing for novices.

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