Spiral, a subsidiary of Square, launches new Development Kit for Lightning Network – DiarioBitcoin

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Spiral, a subsidiary of Square, launches new Development Kit for Lightning Network - DiarioBitcoin By Angel Di Matteo @shadowargel

The new Development Kit from Spiral aims to address many of the difficulties developers experienced in connecting their products and applications with Lightning Network, the second layer solution for payments Bitcoin


The subsidiary company of Square (Coming soon Block) specially dedicated to the development of Bitcoin, Spiral, announced the launch of its new Development Kit specially designed for Lightning Network.

Spiral launches new Development Kit for Lightning Network

The announcement was made through a short film published yesterday on various channels, in which some basic concepts were reviewed and more details were offered in relation to this new Kit from Development based on the second layer solution, which streamlines payments through the network Bitcoin

In this regard, the project area manager for Spiral, Conor Okus stated:

“The Development Kit for Lightning is an easy and simple way to integrate instant payments with Bitcoin in any application.”

For his part, the director of Spiral, Steve Lee, indicated that the need for this Kit comes from the fact that for many developers it was problematic to integrate their solutions with Lightning Network, with which they could address the latency and high costs problems that a transaction through the usual channels would imply.

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About the new Development Kit

Already in relation to the new Kit, those responsible for Spiral indicated that it aims to address many of the existing barriers for stakeholders to implement Lightning, so they can spend more time polishing their applications to optimize other details.

The development of this Kit it took a few years, but finally the repositories are available to those interested in the languages Rust and Swift through the official GitHub account.

Prior to this announcement, and other teams such as Blue Wallet indicated that they had made use of mobile implementations to Lightning network based on this Development Kit, with which it was possible that its users could even finance a payment channel for said network from their smart devices.

Square happens to be Block: A more comprehensive view on Bitcoin

On the other hand, the announcement comes a few days after Square, company responsible for Spiral, announce a rebrand with which it will now be known under the name Block, which will better fit its new mission / vision more focused on Bitcoin and applications with technology Blockchain.

The announcement was made by the same CEO of the company, Jack Dorsey, who indicated that the measure will become effective as of next December 10 and that it aims for the company to experience greater growth by venturing into other areas:

“We created the Square brand for our seller business, which is where it belongs… Block is a new name, but our purpose of economic empowerment remains the same, no matter how we grow or change, we will continue to create tools to help more people have access to the economy “

If you want to see the announcement of the new Development Kit for Lignthning Network, you can do it below:

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Recommended reading

Source: BitcoinMagazine, Github, Youtube

Version by Angel Di Matteo / Daily bitcoin

Picture of Unsplash

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