Litecoin [LTC] recently made a move towards greater integration on the Lightning Network, with support slated to be added on the Casa Lightning Node later this year. The Casa Node is an all-in-one solution to run a node on the Lightning Network to send and receive payments transferred through the network.
Bitcoin [BTC]’s Lightning Network is a layer-2 solution built on top of the Bitcoin blockchain, which allows opening payment channels between two nodes on the network. The transactions that occurred in the channel would be updated to the main blockchain of Bitcoin upon the closing of the channel. This theoretically allows for faster payments and increases transaction throughput.
The Lightning Node device was created by the same individuals who were behind Lightning Ramp, a solution to connect exchanges to the Lightning Network to allow for trustless and fast payments. The device can send and receive payments on the Bitcoin Lightning Network and open and close custom channels.
Charlie Lee, the Managing Director of
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