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first lightning transaction on a Bitcoin ATM

Category: General

To get in touch with this new and promising technology, our CTO Daniel Weigl launched one of the first lightning full nodes. There currently are only a couple of hundred lightning full nodes, which are essential for the functionality of the network. Here is an overview of the current network.

The following video shows how this first lightning transaction has been executed at a Lamassu Bitcoin ATM in our office in Graz:


To establish a connection to the lightning network, a payment channel was funded through this transaction. For this early demonstration, we purposely set a fixed amount of 50 Satoshi as the actual payment.

Even though the lightning network still is in an experimental stage, we made a big step towards mass suitability of bitcoin. The next months will be extremely exciting!
https://coinfinity.co/first-lightning-transaction-on-a-bitcoin-atm/


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daniel.eder@gmail.com
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