Blockstream, a bitcoin & crypto-financial infrastructure supplier, in the present day introduced a brand new collaboration with Breez, a preferred Lightning platform, who will combine its on-demand node service, Greenlight.
Breez will use Blockstream’s Greenlight to additional construct out its platform choices, which already embody a non-custodial pockets, a point-of-sale app for retailers, and a local podcast participant.
By leveraging Greenlight’s hosted, non-custodial answer, Breez can consider constructing tailor-made options for every use case with out integrating a devoted node into every utility.
All purposes can share the identical backend node, simplifying administration and consolidating funds that may in any other case be break up throughout a number of apps. On the identical time, Greenlight will combine with the Breez LSP, offering its customers with superior liquidity and connectivity companies.
“For the previous three years we’ve been utilizing the Breez cell app as a playground to see how folks can work together with the Lightning financial system. We launched a number of new companies like our point-of-sale and podcast participant to turn out to be a kind of Lightning swiss military knife. Greenlight permits us to take the following evolutionary step in our quest to construct a sovereign and scalable Lightning platform.”
– Roy Sheinfeld, Breez CEO
Greenlight is powered by the modular and extensible open-source implementation, Core Lightning…
Its low useful resource footprint is likely one of the many benefits that enable Blockstream to provision nodes extra effectively and cost-effectively than different suppliers in the marketplace.
A few of Greenlight’s different advantages embody:
- Secured: Greenlight is 100% non-custodial. Whereas the nodes run on Blockstream infrastructure, the operations staff by no means has entry to consumer funds, and transactions are all the time verified on a consumer’s machine earlier than signing off on them.
- Low-Value: The leanness of Core Lightning and Greenlight’s capacity to remain offline when not in use maintain customers from incurring unneeded prices.
- One-Person, One-Node: In contrast to bundling a node with a front-end app, Greenlight permits customers to share a single node amongst many front-ends, saving on on-chain charges and bettering fund management.
- Straightforward Restoration: When a consumer loses a cellphone, it won’t imply dropping bitcoin. Since Blockstream manages the database and the backups, recovering the funds is so simple as initiating a brand new front-end with a seed phrase.
