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Cryptocurrency Ecosystem => Crypto Exchanges => Bitfinex => Topic started by: MRM on September 23, 2020, 12:43:39 PM

Title: Bitfinex Adds Support for Bigger Lightning Payment Channels
Post by: MRM on September 23, 2020, 12:43:39 PM
Bitfinex claims its three Lightning channels—that have the capacity for five Bitcoin each—are the biggest in the network yet. Crypto exchange Bitfinex has launched support for “wider” Bitcoin (BTC) Lightning Network (Lightning) payment channels, dubbed Wumbo, that bypass the hardcoded capacity limitation of standard ones, according to an announcement today.

At launch, Bitfinex has opened three Wumbo channels with each having a capacity of five Bitcoin. The exchange said these are the network’s biggest channels so far.
Source: https://decrypt.co/42574/bitfinex-adds-support-for-bigger-lightning-payment-channels