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IPFS News Link • Blockchain

Stellar Preps Lightning Network Implementation for December Release

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On Monday, the Stellar team released the technical specifications and roadmap for its implementation of the Lightning Network, a technological upgrade that allows cryptocurrency networks to increase speed and efficiency by moving payments "off-chain" into second-layer payment channels.

Stellar's developers claim that its LN implementation could prove to be even more robust than those created for Bitcoin and other similar coins, allowing users to complete "any operation you can execute on the Stellar network (such as not only payments, but also creating, deleting, or changing permissions on accounts)…within a payment channel."

From the post:

"Stellar's state channel implementation relies on the fact that every Stellar transaction specifies a source account and a sequence number.