Bitcoin Lightning Network

URI: https://gptkb.org/entity/Bitcoin_Lightning_Network

GPTKB entity

Statements (98)

Predicate	Object
gptkbp:instanceOf	layer 2 protocol payment protocol
gptkbp:basedOn	gptkb:Bitcoin_blockchain
gptkbp:channelCapacity	limited by funding transaction
gptkbp:channelClosure	on-chain transaction
gptkbp:channelOpening	on-chain transaction
gptkbp:compatibleWith	gptkb:Bitcoin
gptkbp:conference	gptkb:Adopting_Bitcoin gptkb:LN_Summit gptkb:Lightning_Conference
gptkbp:containsCommunity	gptkb:Blockstream gptkb:Lightning_Labs gptkb:ACINQ Open Source Developers
gptkbp:currency	gptkb:Bitcoin_(BTC) gptkb:Phoenix gptkb:center gptkb:Zeus gptkb:BitPay gptkb:Zap gptkb:Eclair_Mobile gptkb:Electrum gptkb:Muun gptkb:Wallet_of_Satoshi gptkb:BlueWallet gptkb:Breez gptkb:BLW Custodial wallets Non-custodial wallets
gptkbp:dependsOn	Bitcoin base layer
gptkbp:enables	off-chain transactions
gptkbp:explores	gptkb:Amboss gptkb:1ML gptkb:LNRouter gptkb:Lightning_Network_Explorer gptkb:Mempool.space
gptkbp:features	improved over on-chain
gptkbp:governedBy	gptkb:BOLT_(Basis_of_Lightning_Technology)
gptkbp:hasImprovementProposal	gptkb:Watchtowers gptkb:AMP_(Atomic_Multi-Path_Payments) gptkb:Dual_Funding gptkb:Eltoo gptkb:PTLC_(Point_Time-Locked_Contracts) Anchor outputs Blinded paths Channel Factories Multi-part payments Splicing Taproot channels Trampoline routing Wumbo channels Zero-conf channels
gptkbp:hasMainnet	yes
gptkbp:hasNode	private node public node
gptkbp:hasResearchCenter	academic papers whitepapers
https://www.w3.org/2000/01/rdf-schema#label	Bitcoin Lightning Network
gptkbp:implementedIn	gptkb:Eclair gptkb:LND gptkb:c-lightning
gptkbp:improves	scalability of Bitcoin
gptkbp:launchDate	2018
gptkbp:logo	Lightning bolt
gptkbp:openSource	true
gptkbp:proposedBy	gptkb:Joseph_Poon gptkb:Thaddeus_Dryja 2015
gptkbp:purpose	enable fast transactions enable low-fee transactions
gptkbp:reduces	transaction fees blockchain congestion
gptkbp:roadType	decentralized
gptkbp:supports	micropayments
gptkbp:symbol	⚡
gptkbp:testnet	yes
gptkbp:transactionSpeed	near-instant
gptkbp:usedFor	remittances tipping merchant payments cross-border payments gaming payments streaming payments
gptkbp:uses	gptkb:Hashed_Timelock_Contracts peer-to-peer network onion routing payment channels BOLT specifications multi-signature addresses network graph routing nodes
gptkbp:vulnerableTo	channel jamming liquidity exhaustion privacy leaks routing attacks
gptkbp:bfsParent	gptkb:InstantSend gptkb:Rusty_Russell
gptkbp:bfsLayer	6