We’re happy to share that Bitrefill, in collaboration with ACINQ and their Eclair implementation, has opened the first 1 BTC public channel on the Lightning Network.
This is a customization of the current specification that removes the 0.16777216 BTC channel limit. We have tested the channel and already transacted across it.
In the near future, we will work to leverage this capability to lift the payment limits for people shopping at Bitrefill.com and bring increased liquidity to other aspects of the network and our Thor products.
It was awesome working with ACINQ on this and we really appreciate all of their work to make this possible with us! We are strong believers that the Lightning Network is a big part of Bitcoin’s future and are happy to have people that are willing to be #reckless with us!
If you would like to learn more or collaborate with us to make more fat channels that add utility to your platform, please get in touch!
You can view our #reckless channel here at 1ML.com: https://1ml.com/channel/635796996973068288
The Lightning Network is a new frontier for Bitcoin, and Bitrefill hopes to continue being a trailblazer in this field. Check out this article by our team member, John Carvalho, exploring the untapped potential of Lightning.
