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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
SIMBA Chain empowers organizations to capitalize on the untapped potential of their physical and digital assets by utilizing Smart Contracts and Non-Fungible Tokens (NFTs). Featuring user-friendly interfaces, APIs for building data connections, and sustainable blockchain applications, as well as NFT marketplaces, SIMBA Chain's innovative methodology allows users to transform chaotic critical data into structured formats through intuitive drag-and-drop, graph-based interfaces that establish secure relationships via the immutability of blockchain technology. With the Smart Contract Designer UI, users can easily define connections between their digital assets, enhancing the querying process to be more straightforward and effective. The platform automatically generates Smart Contracts and APIs, providing a versatile API compatible with various blockchain systems, thereby eliminating reliance on a single blockchain or distributed ledger technology. SIMBA Chain is compatible with multiple platforms, including Ethereum, Quorum, Stellar, RSK, Binance, Ava Labs Avalanche, and Hyperledger Fabric, among others, ensuring flexibility and adaptability in asset management. This comprehensive approach makes it easier for organizations to leverage their assets and streamline operations across different blockchain environments.
API Access
Has API
API Access
Has API
Integrations
Avalanche
Bitaroo
Bitcoin
Bridge Wallet
Cash App
Coinos
Electrum
Ethereum
Fountain
Galoy
Integrations
Avalanche
Bitaroo
Bitcoin
Bridge Wallet
Cash App
Coinos
Electrum
Ethereum
Fountain
Galoy
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
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
SIMBA Chain
Founded
2017
Country
United States
Website
simbachain.com