What crypto currencies can use Lightning Network

Initially, the Lightning Network solution was developed for use with the main crypto currency - Bitcoin - and was considered as a way to accelerate and reduce the cost of transactions by moving them to the superstructure over the blockbuster. But since the problem of scaling is becoming more relevant in the entire industry, developers of other crypto currency also began to address this idea.

Litecoin, Zcash, Ethereum and Ripple are a partial list of crypto-currencies that decided to start 2018 with the implementation or testing of the Lightning network.

At the moment Lightning, along with Bitcoin, has launched Lighttoyne crypto currency, which works closely with the start-up Lightning Labs.

Apparently, the remaining crypto-currencies also do not intend to remain aloof, as their developers attempt to add the Lightning model or the like. Recently, the ranks of the supporters of this solution were replenished by the seventh-largest Stellar crypto currency.

Bitcoin Core team member Jeremy Rubin (Jeremy Rubin), who is involved in the implementation of the Lightning Network in the Stellar network, believes that this technology is necessary for any platform that wants to preserve the efficiency of payments.

Similarity of Lightning
On the other hand, not all blockboys are interested in Lightning on the part with which the solution is described for bitcoin.

Developers of the Etherium, for example, are working on a similar scaling technology called Raiden, and the NEO project has its own version, called Trinity. Despite the fact that both projects work with different codebases, they use the same model aimed at creating a high-level network, through which users can transfer transactions.

Other crypto-currency networks simply admit that such Lighting systems will be needed to scale in the future, but at the moment they do not have time to implement them.

Several cryptographers working with the confidential-oriented Zcash crypto currency offer, for example, the BOLT solution, which is a new type of Lightning-style micropayment technology, which also preserves the anonymity of the network. The developers of the project hint that the work on the technology is underway, although it's too early to talk about launching.

Another Monter-based crypto currency is also planning to add a second layer scaling technology.

On the other hand, there are those who are still trying to scale up the blockage in the base layer.

The Grin project, which is expected to be launched later this year, uses smart cryptography to create a blockbuster that, as it grows, absorbs old unnecessary data, so in the future it will not require much space. Representatives of the IOTA crypto currency claim that they managed to create a "block without a block", which allows the system to scale unlimitedly (although the project is often criticized).

Ripple and Stellar
The third group of developers considers the solution as part of an integrated approach to the problem of scaling. So, the developers of some blockers, for example, Stellar and Ripple, consider their protocols already ready for scaling, and Lightning technology is considered as a safety net.

In particular, the Stellar road map states that the project does not need a Lightning solution, but the technology can have "a very positive effect on long-term scaling and safety of Stellar".

Technical director Ripple and co-founder of the project Interledger Stefan Thomas (Stefan Thomas) maintains the same thing, stating that XRP is already more scalable than bitcoin Bitcoin (because it is not a full blockbuster - ed.). Despite these statements, the project team continues to study the second layer payment technologies in order to be ready to apply them in the future.