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Author Topic: Altcoins with "Lightning Network" support  (Read 4919 times)
rainbowstain (OP)
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April 29, 2017, 01:48:48 AM
Last edit: May 01, 2017, 03:33:41 AM by rainbowstain
 #1

As y'all know "Lightning Network" (a.k.a LN) is coming, which allows us to have streaming payment, micro payment, confidential transaction and, most notably, fast & cheap Bitcoin payment fee across multiple coin networks.
LN needs SegWit (or SegWit helps LN to be precise) so we've witnessed a whole bunch of coins beating "SegWit" drum for a while.
(https://bitcointalk.org/index.php?topic=1777136.0)

As few coins start hitting LN drum already, I'll list & update them here for a reference.

On Mainnet



On Testnet


In Development



Planned


0 shyliar shared a nice list of LN implementations. (*I'll update them all here with some research. Thanks!)
1 Alt bullish market is coming close to its end as of now. Please be adviced before investing your valuable asset in the listed coins.
2 Please refrain yourself from promoting a certain coin/asset/whatever unless it is 1) specifically related "Lightning Network" and 2) unfounded in the list above.
  Launch a speculation on the appropriate section, please.
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April 29, 2017, 08:11:26 AM
 #2

As y'all know "Lightning Network" (a.k.a LN) is coming, which allows us to have streaming payment, micro payment, confidential transaction and, most notably, fast & cheap Bitcoin payment fee across multiple coin networks.

LN needs SegWit (or SegWit helps LN to be precise) so we've witnessed a whole bunch of coins beating "SegWit" drum for a while. (https://bitcointalk.org/index.php?topic=1777136.0)

As few coins start hitting LN drum already, I'll list & update them here for a reference.

On Mainnet



On Testnet


In Development


Planned


* I have to mind you that altcoins' bullish rally is closing to its end, and I'd advice not to put your valuable assets in danger.


Groestlcoin already finished the first LN Network as the FIRST MOVER.

Greetz
Steve
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April 29, 2017, 08:17:45 AM
 #3

Nice thread idea. It would be interesting if you'd add other stats such as block # of activation, block # of enforcement with links to each and prices at each time vs. now.
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April 29, 2017, 08:59:41 AM
Last edit: April 30, 2017, 01:46:55 AM by rainbowstain
 #4

Groestlcoin already finished the first LN Network as the FIRST MOVER.

Greetz
Steve

Thanks Steve

As soon as I can link to the block, I'll update the info link.


Nice thread idea. It would be interesting if you'd add other stats such as block # of activation, block # of enforcement with links to each and prices at each time vs. now.

I'll try to do that. That's a good idea.  Wink Like @Ayers says, you need to search for the price part yourself though. This is alt discussion section I think.
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April 29, 2017, 09:15:27 AM
 #5

In production:
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April 29, 2017, 09:36:28 AM
 #6



Since the relevant PR (RPID-1224) is closed without being merged, I'd put it in development.
I'll go search if it's in mainnet or testnet. Please update me if you have more details on it.

Thanks for the info! Wink
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April 29, 2017, 10:23:09 AM
 #7

Please update me if you have more details on it.
Ripple has it fully working. It's status is enabled:
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April 29, 2017, 10:25:14 AM
 #8

pretty much every segwit coin, will have lightining network, you can vertcoin and digibyte, they have segwit activated

Nice thread idea. It would be interesting if you'd add other stats such as block # of activation, block # of enforcement with links to each and prices at each time vs. now.

you can search on whattomine for that or coinmarketcap, these coins are well known by the community, very easy to find about the specifications

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April 29, 2017, 03:34:42 PM
 #9

Your mistake is only asking what coins will support Lightning Network and not asking what coins have segwit and will get LN support because that is the thing. You need segwit enabled to profit from the features of LN at its fullest.

In this sense, LTC is the coin that is best positioned.
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April 30, 2017, 01:44:20 AM
Last edit: April 30, 2017, 03:14:59 AM by rainbowstain
 #10

Ripple has it fully working. It's status is enabled:

Checked the status and updated the original post. Thanks a ton!  Grin

pretty much every segwit coin, will have lightining network, you can vertcoin and digibyte, they have segwit activated

That's true. LN on SegWit coins wouldn't take forever to implement and activate. Nonetheless, one being active and another being in prep aren't quite the same, imo.

Your mistake is only asking what coins will support Lightning Network and not asking what coins have segwit and will get LN support because that is the thing. You need segwit enabled to profit from the features of LN at its fullest.

What mistake? I've link to the original segwit thread from the get-go. Besides, this isn't speculation section to point which coin is in the best position.
Edit your message, please.
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April 30, 2017, 02:14:55 AM
Last edit: April 30, 2017, 02:38:57 AM by shyliar
 #11

You have six different implementations of the lightning network.

  • Amiko-Pay
  • eclair(ICINQ)
  • lightningd(Blockstream)
  • lit (MIT Digital Currency Initiative)
  • IND (Lightning Co)
  • Thunder (Blockchain.info)

The question isn't so much what alts have segwit making it possible to run the LN, it's whether an alt is viewed as being useful by the various versions of the LN. It's likely that obscure coins will never be used by LN as the settlement layer.

Currently eclair seems ready to be implemented on LTC http://bitcoinist.com/paris-lightning-network-litecoin/ it's unclear if other versions are ready to go; although, I'm under the impression that lightningd might be on LTC very soon.

As with all things crypto only time will tell.



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April 30, 2017, 02:44:33 AM
Last edit: April 30, 2017, 04:55:01 AM by rainbowstain
 #12

You have six different implementations of the lightning network.

  • Amiko-Pay
  • eclair(ICINQ)
  • lightningd(Blockstream)
  • lit (MIT Digital Currency Initiative)
  • IND (Lightning Co)
  • Thunder (Blockchain.info)

The question isn't so much what alts have segwit making it possible to run the LN, it's whether an alt is viewed as being useful by the various versions of the LN. It's likely that obscure coins will never be used by LN as the settlement layer.

Currently eclair seems ready to be implemented on LTC http://bitcoinist.com/paris-lightning-network-litecoin/ it's unclear if other versions are ready to go; although, I'm under the impression that lightningd might be on LTC very soon.

As with all things crypto only time will tell.

AFAIK, segwit isn't even relevant to activate LN. It's good-ol' BTC that might leverage from deploying segwit to have smooth transition to LN, and we have had enough of drama last few weeks on whether a certain coin would have segwit or not as an intermediate precedent.

Btw, I highly appreciate your input. I'll do some research on the implementations and update my message. Thanks!  Grin
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April 30, 2017, 12:59:09 PM
 #13

Decred is making steps in this direction as well. Lightning Network in their official 2017 roadmap, and a stakeholder vote is already in progress for activating LN support.
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April 30, 2017, 09:32:28 PM
 #14

LN is nice for projects with real purpose and usage. Some of these no name projects that are a copy of a copy of a copy, well, LN ain't much of a big deal. For example, ripple's payment channels aren't interesting because ripple is centralized ( private company ). If we have centralized options with high transaction per second technology, we already have banks / visa for tens of years.
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April 30, 2017, 09:54:19 PM
 #15

Navcoin starts segwit vote tommorrow, which if successful means LN coming to Navcoin, first POS coin to go this route I believe, This will be voted on by the community by buying some Navcoin and putting them in your personal wallet, when a block is found if the person that finds it is signaling for segwit that will count as a vote for it. seems pretty cool to me, price has def reflected the past couple weeks, it has done nothing but climb, it has been around for a few years and is looking really promising for the future.


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rainbowstain (OP)
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May 01, 2017, 12:57:50 AM
Last edit: May 01, 2017, 01:29:42 AM by rainbowstain
 #16

Decred is making steps in this direction as well. Lightning Network in their official 2017 roadmap, and a stakeholder vote is already in progress for activating LN support.

I've updated my post. Thanks!

Navcoin starts segwit vote tommorrow, which if successful means LN coming to Navcoin, first POS coin to go this route I believe, This will be voted on by the community by buying some Navcoin and putting them in your personal wallet, when a block is found if the person that finds it is signaling for segwit that will count as a vote for it. seems pretty cool to me, price has def reflected the past couple weeks, it has done nothing but climb, it has been around for a few years and is looking really promising for the future.

The fact that NavCoin being the first POS coin with SegWit really interests me in aspects of price, market dynamics, and etc.
Nonetheless, this thread is bookkeeping those who specifically show an intention to deploy, plan to deploy, or have already deployed LN.
For SegWit, we already have a very useful thread going on.
I'll keep my eyes on NavCoin. Thanks a ton! Wink


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May 01, 2017, 02:10:49 AM
 #17

Just passing on the news for everyone because navcoins really been under the radar,  with segwit comes the LN stock up now well you still can, price has been hitting ath the past few days


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May 01, 2017, 02:19:45 AM
Last edit: May 01, 2017, 03:34:24 AM by rainbowstain
 #18

Just passing on the news for everyone because navcoins really been under the radar,  with segwit comes the LN stock up now well you still can, price has been hitting ath the past few days

Will you do the "passing" part on Speculation (Altcoins)?

I've always thought that the section is just for that, and you'd know better than I do as a senior member?

If ppl keep coming up with their nice, shiny ideology of launching a spec with this thread as a platform, I'd rather ask the mod to delete this.


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May 01, 2017, 02:47:37 AM
 #19

LN is PLANNED if it goes through just like decred and the other coins like you mentioned in the PLANNED section in your post, navcoin plan to go LN if segwit passes, comon now you ask a question you get a anwser, I wouldnt of said anything if it had nothing to do with LN.


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May 01, 2017, 07:07:22 AM
 #20

As y'all know "Lightning Network" (a.k.a LN) is coming, which allows us to have streaming payment, micro payment, confidential transaction and, most notably, fast & cheap Bitcoin payment fee across multiple coin networks.
LN needs SegWit (or SegWit helps LN to be precise) so we've witnessed a whole bunch of coins beating "SegWit" drum for a while.
(https://bitcointalk.org/index.php?topic=1777136.0)

As few coins start hitting LN drum already, I'll list & update them here for a reference.

On Mainnet



On Testnet


In Development



Planned


0 shyliar shared a nice list of LN implementations. (*I'll update them all here with some research. Thanks!)
1 Alt bullish market is coming close to its end as of now. Please be adviced before investing your valuable asset in the listed coins.
2 Please refrain yourself from promoting a certain coin/asset/whatever unless it is 1) specifically related "Lightning Network" and 2) unfounded in the list above.
  Launch a speculation on the appropriate section, please.

What about BTC? It was also going to implement LN right?
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