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ease
features
design
support

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Description

The Bitcoin Lightning Network enables immediate payments, providing rapid blockchain transactions without the delays typically associated with block confirmations. It enhances security through the use of smart contracts on the blockchain, eliminating the need for separate on-chain transactions for each payment. Users can experience transaction speeds ranging from milliseconds to mere seconds. This network boasts remarkable scalability, capable of handling millions to billions of transactions every second, far surpassing traditional payment systems in terms of capacity. Additionally, it allows payments to be linked to specific actions or clicks without the need for intermediaries. Cost efficiency is another benefit, as settling transactions off-chain results in substantially lower fees, paving the way for innovative applications like instant micropayments. Furthermore, the Lightning Network supports cross-chain atomic swaps that can be executed instantly and off-chain, provided the involved blockchains utilize the same cryptographic hash function. This interoperability between different blockchain systems opens up new possibilities for seamless financial interactions.

Description

Utilize the Oracle Blockchain Platform Cloud Service to securely share reliable data among various parties. This platform provides pre-built code for executing smart contracts while ensuring a tamper-proof blockchain, leveraging the highly regarded open-source Hyperledger Fabric framework. You can effortlessly adjust resources to accommodate fluctuating demands, allowing for scalable computing power that can be increased or decreased as needed. Customers will only incur charges based on their actual usage. The platform facilitates contributions from multiple participants through the simple-to-configure RAFT consensus method. Additionally, its precise access control features permit management of permissions for each segment of extensive datasets stored in the cloud. This functionality empowers smart contract developers to easily manage identities, groups, and resources. Setting up a permissioned blockchain is straightforward, requiring no coding skills, and eliminates the hassle of manually provisioning hardware, software, managing certificates, or configuring network elements. With this service, businesses can focus on innovation instead of infrastructure management.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

1ML
Bitaroo
BlueWallet
Breez
Cash App
Electrum
Elysium
Etleneum
Exodus
Galoy
Hiro Wallet
Impervious
Muun
Nayuta Core
Phoenix Wallet
SimpleFX
Tallycoin
Xverse
Zion

Integrations

1ML
Bitaroo
BlueWallet
Breez
Cash App
Electrum
Elysium
Etleneum
Exodus
Galoy
Hiro Wallet
Impervious
Muun
Nayuta Core
Phoenix Wallet
SimpleFX
Tallycoin
Xverse
Zion

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

$0.215 per hour
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Lightning Network

Founded

2015

Website

lightning.network/

Vendor Details

Company Name

Oracle

Founded

1977

Country

United States

Website

www.oracle.com/blockchain/

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