ACINQ, the company behind the development of the eclair, Lightning, announced today that the $8 million it has collected. The financing round was led by Idinvest Partners, such as Bpifrance, and Features for ACINQ involved.
After last year’s first round of $1.7 million has been collected, the total investment in the startup is down to $10 million. The CEO, Pierre-Marie. Padiou, is delighted with the news: “It is good to the Lightning Network. What we produce is only of use if the most important pillars for the long term at the same time.”
Contents
ACINQ
Shortly after the white paper by the Lightning Network, by 2015, the online was would the different parties to work with the layer on top of Bitcoin. ACINQ it was one of those teams, and they came out with eclair.
This is a Scala-based open-source project. In addition to the c-lightning from Blockstream and the lnd of the Lightning Labs has seen eclair as the third implementation.
“Compared with Blockstream, and Lightning Labs, we have very, very low. But we do believe, however, that we make a significant contribution to be able to provide
Padiou
Further, he adds: “It is very important that you have multiple uses for the Lightning protocol. There is no individual company that is responsible, and that is what makes people to of this technology can be trusted.”
The financing of the Eclair
On top of eclair are two of the products being built. The first one was a wallet app for the Android, the Eclair, Mobile. As of today, this is one of the most popular Lightning-wallet is that you can get.
In addition, ACINQ Strike (API) that enables companies to easily make payments via the LINK to be able to accept. They can use it easily in on-chain transactions to receive and accept it.
ACINQ it is one of the biggest nodes on the Lightning Network.
The income earned from the financing may be in the company of six new developers to the team, and add to it. Because of this, they are both the Eclair and Mobile Strike and to continue to improve. Further, the tray is also new and not yet released products to to publish.
“People will have a better user experience is needed, and if they have Lightning to use it. But for that to happen, real improvements at the protocol level is to be made, and this takes time. With this funding, we are following the steps to go up,” says Padiou in more detail.
Lightning Network
The beta version of the Lightning Network in the beginning of 2018 gelaunched. Since then, the capacity of the network has grown a lot. There are more than 10 000 nodes, of which more than 800 in BTC, but in the tens of thousands of payment channels that are.
The Casa has also recently launched a new hardware gadget, which was released in the Casa of the Node 2. Slowly, but surely, build up different parties the improvements on the LINK.
Source:: Bitcoinmagazine
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