The latest version of Lightning Network, v0.8.0 “Blockchain Good, Orange Coin Bad” has been released.
Last week, Blockstream announced that this latest release will allow sending larger payments across the Lightning Network. Also, the biggest problem it has been facing will be fixed as well.
One of the features of this version is multi-part payments. This is the first step towards a unified user experience that allows users to bundle their channel capacities. Support for sending meanwhile is currently manual only.
Samson Mow, Chief Strategy Officer at Blockstream, a blockchain services company that has been working on the Lightning Network said it is “the most significant development,” of the year.
Multi-part payments are the prime goal of the second layer solution of the Bitcoin network.
Earlier this year, during “The Lightning Torch” experiment, we saw the network hitting liquidity problems when the torch was passed from one person to another with each recipient adding value.
But now with this feature, a large amount of BTC can be sent over the Lightning Network by allowing multiple channels to be used together.
Also, the Bitcoin mainnet has been now made the default network.
“Time to move to the real world, by making Bitcoin mainnet the default network.”
As per the GitHub, this release will have the nodes now using a network-dependent subdirectory. This means one can run nodes for multiple nodes without having to specify different, lightning-dirs.
Moreover, Config files can now be structured into multiple files using the include statement, allowing for reusing the common configuration across multiple nodes.
Other highlights of the network include the newer TLV style payloads in the routing onions that are now stable. These can be used for both classical payments and in custom onions.
To avoid some payment probing attacks, invoices can now add an s field for a “payment secret” as well.