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features
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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 No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Alchemy Pay Yes 
Bitaroo Yes 
Bridge Wallet Yes 
Electrum Yes 
Elysium Yes 
Etleneum Yes 
FixedFloat Yes 
Fountain Yes 
Lightspark Yes 
Muun Yes 
Nayuta Core Yes 
Oracle Cloud Infrastructure No 
Phoenix Wallet Yes 
Primal Yes 
Snort Yes 
Speed Yes 
Wallet of Satoshi Yes 
Xverse Yes 
Zeus Yes 

Integrations

Alchemy Pay No 
Bitaroo No 
Bridge Wallet No 
Electrum No 
Elysium No 
Etleneum No 
FixedFloat No 
Fountain No 
Lightspark No 
Muun No 
Nayuta Core No 
Oracle Cloud Infrastructure Yes 
Phoenix Wallet No 
Primal No 
Snort No 
Speed No 
Wallet of Satoshi No 
Xverse No 
Zeus No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$0.215 per hour
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

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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