Blockstream announced the v0.7.1 release of C-lightning. This version is one of the several technological improvements presently streaming into the crypto space to make Bitcoin lightning network transactions cheaper, faster, and safer.
C-Lightning To Run Faster Synchronizations While Reducing Bandwith Consumption
Bitcoin and its underlying blockchain technology offer amazing opportunities for distributed ledgers. However, according to the authors of the paper titled The Bitcoin Lightning Network: Scalable Off-Chain Instant Payments, the blockchain, as a payment tool, by itself, cannot yet handle the volume of the world’s commerce.
This might eventually change. Bitcoin developers and engineers are continually making improvements to solve critical issues such as scalability and transaction costs. In effect, technological innovations, such as SegWit, Lightning Network, and Atomic Multi-Path Payments over Lightning, are already helping to solve these issues.
Now, Blockstream announces the release of c-lightning version 0.7.1,…