;

ForgingBlock Lightning

Channel count: 307 / 35899

Connected nodes: 299 / 7849

Node capacity: 17.83622321 BTC / 1,071.91493913 BTC

Status: Online

Node name

Node URL

Node public key

Instant, low-cost micropayments for Bitcoin.

A lightweight software solution for scaling public blockchains and cryptocurrency interoperability

ForgingBlock is a major contributor to the Bitcoin lightning Network, an implementation of the Lightning Network protocol optimized for performance and extendibility. The Lightning Network is a new protocol layer built on top of Bitcoin. It uses cutting-edge smart contracting to achieve faster-than-VISA transaction throughput, while retaining the peer-to-peer nature of the Bitcoin protocol.

Fast payments

No need to wait for the block

No extra setup

No lightning node setup required

Instant Payments

Bitcoin aggregates transactions into blocks spaced ten minutes apart. Payments are widely regarded as secure on Bitcoin after confirmation of six blocks, or about one hour. On the Lightning Network, payments don't need block confirmations, and are instant and automatic. Lightning can be used at retail point-of-sale terminals, for device-to-device transactions, or anywhere instant payments are required.

Micropayments

New markets can be opened with the possibility of micropayments. Lightning enables one to send funds down to 0.00000001 bitcoin (< 0.01 cents) without custodial risk. The Bitcoin blockchain currently enforces a minimum output size many hundreds of times higher, and a fixed per-transaction fee that makes micropayments impractical. Lightning allows minimal payments denominated in bitcoin, using actual bitcoin transactions.

Privacy

The Lightning Network offers users a high degree of confidentiality. Users do not need to make their channels known to the broader network. End users can open private channels to a ForgingBlock Lightning Node, which provides deep liquidity, and no need to connect a single channel to the rest of the network.

ForgingBlock Lightning Network node connection code: