NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30

LND Client Brings Atomic Swaps Bitcoin & Litecoin one Step Closer

newsbtc
newsbtc
7 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

It is certainly true the cryptocurrency ecosystem can use some major improvements. Especially where exchanges are concerned, as they are a bottleneck more often than not. With the new LND client, centralized services may soon become obsolete. The new client includes a Litecoin Operation Mode. It can switch back and forth between Litecoin and Bitcoin chains and wallet backends accordingly. We are one step closer to atomic swaps between these two popular cryptocurrencies.

LND can prove to be a very valuable tool in the hands of the right people. Having a semi-convenient option to perform cross-chain atomic swaps is quite intriguing. Especially when this functionality is provided between Bitcoin and Litecoin. Although this will not replace centralized exchanges overnight, it brings us one step closer to decentralized trading. In the latest version of LND, the Litecoin Operating Mode has been added. With support for both BTC and LTC in place, the future looks pretty bright for atomic swaps.

New LND Update Makes Litecoin More Appealing

Users of the client can switch between both chains with a toggle. It also lays the groundwork for a multi-chain operating mode in the future. Right now, the LND team is working on this implementation, but there is no official ETA at this time. Multi-chain support allows the management of payment channels on both Bitcoin and Litecoin at the same time. Once that is achieved, people can start experimenting with cross-chain atomic swaps between both cryptocurrencies. It is a very interesting development to look forward to, to say the least.

This development has Charlie Lee, the creator of Litecoin excited as well. Bringing more functionality to Litecoin remains one of his main priorities. Being the first to perform atomic swaps with Bitcoin will certainly give LTC a market advantage. Although it remains to be seen if there is any real demand for this service, one shouldn’t dismiss the possibilities either. Lee also mentioned how he will be testing the Lightning Network on the LTC main net. Good things are happening behind the scenes of Litecoin, to say the least.

I'm working with @MLPFrank and @TheRealXinxi today to test out Lightning on Litecoin mainnet. Any real litecoins lost will be worth it! 😁

— Charlie Lee Ⓜ️🕸️ (@SatoshiLite) August 23, 2017

Assuming all of these tests will be successful, the cryptocurrency world will be shaken up considerably. Instant payments and more privacy are just two of the potential outcomes for Litecoin. Cross-chain atomic swaps with Bitcoin are only the first step as well. In the future, it should become possible to perform similar swaps with any other block chain-based currency or token in the world. There are many reasons to get excited about LND and similar projects. It is by far one of the biggest developments taking place in cryptocurrency right now.

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

ETF

ETH And BTC ETFs Reverse Gains With $291M In Outflows Ahead Of New Week

US-based crypto ETFs have witnessed a change in dynamics in August, which has seen inflows tipping towards Ethereum ETFs. However,...

Scott Matherson 12 hours ago
Bitcoin

Bitcoin Risks Deeper Losses If $107,800 Line Fails To Hold – Details

Since reaching a new all-time high of $124,427 on August 14, Bitcoin has entered a prolonged corrective phase, losing 12.18%...

Semilore Faleti 13 hours ago

5 Underrated Crypto Projects Bursting With Potential

There are tens of thousands of different cryptocurrencies in the world, and many of them are surely destined to fail....

NewsBTC 13 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

xrp-breakout-trigger-100x-altcoin-launch-tw

XRP價格臨界爆升技術測試點 這個百倍山寨幣是否已經開始啟動?

markh 5 minutes ago
Bitcoin Price Warning

Bitcoin Price Warning: Is a Major Sell-Off Coming Next?

Aayush Jindal 1 hour ago
Bitcoin price

Bitcoin Price Closes Below STH Realized Price For The 2nd Time In 2025 — Details

Opeyemi Sule 11 hours ago

Premium Sponsors

Press Releases

  • Mova Gala: Mainnet Activation — Ushering in a New Era of...

    2 hours ago
  • Token6900FTRD

    仮想通貨 1000倍...

    6 hours ago
  • HyperFTRD

    Bitcoin Hyper Presaleが1300万ドル突破 – ico...

    6 hours ago
  • MARAのAI参入と6BドルのBTC保有が示す次の波 – Bitcoin Hyperとミームコイン市場の可能性

    仮想通貨...

    6 hours ago
  • ミームコインと2025年最高の仮想通貨プレセール:BlockchainFXが620万ドル調達、TOKEN6900やMaxi Dogeを圧倒

    ...

    6 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.