Last Update
Apr 6, 2018
Lightning Network develops multi blockchain platform with unprecedented transaction speed.
We are building world's fastest blockchain platform which natively implements Bitcoin Lightning Network Protocol & Ethereum Plasma Framework. With fast transaction speed over 1 million transactions per second, with potential of reaching billions of transactions per second, low transaction fees, and its Bolt cryptocurrency, Lightning Network is set to overtake Visa/Mastercard and become the dominant global payment network.
World’s Fastest Blockchain Platform
Bitcoin Lightning Network Protocol supports instant off chain micro payments, while Ethereum Plasma Framework enables child chains to be pegged to root blockchain.
Implementing both Bitcoin Lightning Network Protocol and Ethereum Plasma Framework allows us to build World’s Fastest Blockchain Platform.
Architecture Overview
Plasma blockchain is pegged to root blockchain using a bonded smart contract residing on root blockchain which holds balances for all UTXO/Accounts residing on plasma chain.
Bitcoin Lightning Network Protocol is implemented on top of Plasma chain, allowing anyone to be able to send/receive tokens to/from anyone on any Plasma chain or root chain.
Architecture with Lightning Payments
Payment channel can be open between two parties, even when they reside on different Plasma chains. A network of payment channels would allow payments to be routed between multiple parties.
Scalability
Bitcoin Lightning Network Protocol is implemented on top of Plasma chains and allow instant off-chain peer-to-peer transfer of Bolt tokens. Combined with Plasma Framework, this allows virtually unlimited amount of transactions to be supported by the network in very short time frame.
Q4 2018
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