Blockstream, a bitcoin & crypto-financial infrastructure supplier, immediately introduced a brand new collaboration with Breez, a preferred Lightning platform, who will combine its on-demand node service, Greenlight.
Breez will use Blockstream’s Greenlight to additional construct out its platform choices, which already embody a non-custodial pockets, a point-of-sale app for retailers, and a local podcast participant.
By leveraging Greenlight’s hosted, non-custodial answer, Breez can focus on constructing tailor-made options for every use case with out integrating a devoted node into every software.
All purposes can share the identical backend node, simplifying administration and consolidating funds that may in any other case be break up throughout a number of apps. On the similar time, Greenlight will combine with the Breez LSP, offering its customers with superior liquidity and connectivity companies.
“For the previous three years we’ve been utilizing the Breez cellular app as a playground to see how folks can work together with the Lightning economic system. We launched a number of new companies like our point-of-sale and podcast participant to change into a form of Lightning swiss military knife. Greenlight permits us to take the following evolutionary step in our quest to construct a sovereign and scalable Lightning platform.”
– Roy Sheinfeld, Breez CEO
Greenlight is powered by the modular and extensible open-source implementation, Core Lightning…
Its low useful resource footprint is among the many benefits that permit Blockstream to provision nodes extra effectively and cost-effectively than different suppliers in the marketplace.
A few of Greenlight’s different advantages embody:
- Secured: Greenlight is 100% non-custodial. Whereas the nodes run on Blockstream infrastructure, the operations workforce by no means has entry to consumer funds, and transactions are all the time verified on a consumer’s system earlier than signing off on them.
- Low-Value: The leanness of Core Lightning and Greenlight’s means to remain offline when not in use hold customers from incurring unneeded prices.
- One-Consumer, One-Node: Not like bundling a node with a front-end app, Greenlight permits customers to share a single node amongst many front-ends, saving on on-chain charges and enhancing fund management.
- Straightforward Restoration: When a consumer loses a telephone, it is not going to imply shedding bitcoin. Since Blockstream manages databases and backups, recovering funds is so simple as initiating a brand new front-end with a seed phrase.