Following the activation of Segregated Witness (Segwit) on the Bitcoin network, the developers from Lightning Labs released the 0.3 alpha version of the team’s Lightning Network Daemon. Lightning Labs developer, Laolu “Roasbeef” Osuntokun, details the release provides a vast array of new features including litecoin atomic swaps.
Right after the Segwit protocol was activated, Lightning Labs developer Laolu Osuntokun revealed the third major release for the Lightning Network Daemon (LND). The LND development team says they are thrilled that Segwit is finally available and “they are extremely excited to see Lightning integrated into the ecosystem, and to see all the novel applications that developers will build out.”
“This release marks the third major release for LND,” explains Osuntokun via the team’s Github repo. “With this release, LND is now has gained a considerable feature set, a new automatic channel management operating mode, RPC authentication, additional persistence logic, and further major strides towards complete spec compliance.”
Lightning Labs explains individuals who test the software should still use testnet coins, and wait until the team is closer to mainnet usage. The next release will provide safety measures before applying the protocol to the mainnet mode. Further, Osuntokun explains that the new LND framework contains “several breaking changes,” which means users need to upgrade to a fresh installation, or remove their existing ‘channel.db’ database.
Full story at http://bit.ly/2wvAqvb
Source: Bitcoin News
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