[KongchangAI]
ConceptLightning Network

Lightning Network

A Bitcoin layer-two payment protocol that supports fast, low-cost off-chain micropayments, commonly used for tipping and small transfers.

Timeline (last 90 days)

Oct 19

Observing a Lightning Network bounty board over 30 days, 12 bounty tasks appeared in total, and only one newcomer got paid.

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Oct 12

The L402 protocol (formerly named LSAT, Lightning Service Authentication Token) is a machine-native paid authentication protocol proposed by the Lightning Network community, and its workflow consists of four steps: the client requests a resource -> the server returns HTTP 402 with a Lightning invoice -> after payment the client obtains a Macaroon credential containing the payment preimage -> the resource is accessed using the Macaroon.

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