A new update on Lightning Network, what improvements does it offer?

4 Min Read
4 Min Read

Bitcoin’s second layer (L2) network, Lightning Network (LN), has taken a step forward to launching a new version of its main software known as Lightning Network Daemon (LND).

Lightning Labs, the company behind the development, announced the availability of LND V0.19 on June 3rd. This is an update that promises to optimize node performance and improve the experience of users creating transactions in Bitcoin (BTC) via LN.

Lightning Network Daemon (LND) is a program that runs in the background, manages the critical features of a network Lightning node, and allows users to interact with the complete node. A node is the connection point within its l2 Promote and guarantee payments The transaction is carried out safely and efficiently.

In other words, the daemon is Possible engines Users actively participate in this second-tier network, sending, receiving or rolling Bitcoin.

What improvements does LND V0.19 bring?

LND version 0.19 introduces three major improvements to creating a Lightning node network More efficient and reliableboth newcomers and experienced operators.

First, node start times are optimized by database migration. Simply put, Lightning Network Nodes need to store information about the payment channels and transactions they process. Over time, this database can become heavy and node startup slower.

According to the announcement, the new version will improve the way this information is managed, Nodes start faster. This is especially useful for users operating a node on a device with limited resources, or for those who need to restart the node.

The second improvement relates to the Canales cooperative closure, a fundamental process for the Lightning network. If two users decide to close a payment channel, they must agree to how funds that were in that channel will be distributed and that decision on the Bitcoin network.

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This process generates a rate known as the “chain rate” and someone has to pay. In previous versions of LND, It was not clear who took the cost.which can generate friction between users.

With LND v0.19, a new default value is established. The part that begins channel closure I’ll be responsible for paying fees Chain’s. This change will provide clarity and predictability and improve the usage experience for all participants.

Finally, the update includes improvements to the route search process.Pathfinding«. In a Lightning network, when a user submits a payment, this passes through several intermediate nodes surrounding the transaction rather than going directly to the recipient.

Finding efficient and reliable routes is complicated as channel balances are not publicly disclosed and routes can break down if the intermediate nodes do not have sufficient fluidity.

According to the regulations, LND v0.19 Optimize the algorithm of Pathfinding To increase the chances of payment, it means that users experience fewer mistakes when sending Bitcoin over the network. This progress is important to ensure that the Lightning network becomes a reliable tool for daily payments.

The Lightning Labs announcement for LND V0.19 also includes other improvements beyond three major leads. Among them, taproot address support will be added to the node wallet. Node Wallets is a technology that improves privacy and reduces rates by simplifying the complex transactions of Bitcoin. Additionally, connection management is optimized with other nodes for more efficient routing, correcting minor errors, and enhancing system stability.

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