Lightning platform Breez integrates Blockstream’s Greenlight node service
Blockstream, a bitcoin & crypto-financial infrastructure provider, today announced a new collaboration with Breez, a popular Lightning platform, who will integrate its on-demand node service, Greenlight. Breez will use B...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Blockstream, a bitcoin & crypto-financial infrastructure provider, today announced a new collaboration with Breez, a popular Lightning platform, who will integrate its on-demand node service, Greenlight.
Breez will use Blockstream’s Greenlight to further build out its platform offerings, which already include a non-custodial wallet, a point-of-sale app for merchants, and a native podcast player.
By leveraging Greenlight’s hosted, non-custodial solution, Breez can concentrate on building tailored solutions for each use case without integrating a dedicated node into each application.
All applications can share the same backend node, simplifying management and consolidating funds that would otherwise be split across multiple apps. At the same time, Greenlight will integrate with the Breez LSP, providing its users with advanced liquidity and connectivity services.
“For the past three years we’ve been using the Breez mobile app as a playground to see how people can interact with the Lightning economy. We launched several new services like our point-of-sale and podcast player to become a sort of Lightning swiss army knife. Greenlight allows us to take the next evolutionary step in our quest to build 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 resource footprint is one of the many advantages that allow Blockstream to provision nodes more efficiently and cost-effectively than other providers on the market.
- Secured: Greenlight is 100% non-custodial. While the nodes run on Blockstream infrastructure, the operations team never has access to user funds, and transactions are always verified on a user’s device before signing off on them.
- Low-Cost: The leanness of Core Lightning and Greenlight’s ability to stay offline when not in use keep users from incurring unneeded costs.
- One-User, One-Node: Unlike bundling a node with a front-end app, Greenlight allows users to share a single node among many front-ends, saving on on-chain fees and improving fund control.
- Easy Recovery: When a user loses a phone, it will not mean losing bitcoin. Since Blockstream manages databases and backups, recovering funds is as simple as initiating a new front-end with a seed phrase.
The post Lightning platform Breez integrates Blockstream’s Greenlight node service appeared first on CryptoNinjas.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoNinjasRelated market context
Non-Custodial Crypto Exchanges: How Self-Custody Is Changing the Way Users Swap Digital Assets
For many users, the distinction comes down to custody. A centralized platform may hold assets on behalf of its customers, while a...
Tether Celebrates 12 Years, USD₮ Surpasses 700M Users
Key Takeaways: Tether marked the 12th anniversary of the world’s largest stablecoin by market cap, USD₮. The company claims that U...
Trust Wallet integrates MoonPay so US users can buy crypto without leaving the app
The integration enhances user convenience and self-custody appeal but raises concerns about dependency on a single provider's stab...
Chainlink logs 40 new integrations across 24 users in September
Chainlink's diverse integrations signal growing institutional interest in blockchain, potentially accelerating traditional finance...
THORChain Co-Founder Will Ask Its Treasury About Refunding Fees From Stolen Crypto
THORChain co-founder Chad Barraford said he will ask the protocol’s Treasury about sending part of what its developer fund earned...
Securitize Teams With Korea’s LG CNS to Explore Tokenized Funds and Stablecoins
Securitize and Korean technology company LG CNS announced a strategic partnership, set out in a memorandum of understanding, aimed...