Lightning Network Architecture

Junhua Chang
Lightning Network
Published in
1 min readMar 26, 2018

World’s Fastest Blockchain Platform

Bitcoin Lightning Network Protocol supports instant off chain micro payments, while Ethereum Plasma Framework enables child chains to be pegged to root blockchain.

Implementing both Bitcoin Lightning Network Protocol and Ethereum Plasma Framework allows us to build World’s Fastest Blockchain Platform.

Architecture Overview

Plasma blockchain is pegged to root blockchain using a bonded smart contract residing on root blockchain which holds balances for all UTXO/Accounts residing on plasma chain.

Bitcoin Lightning Network Protocol is implemented on top of Plasma chain, allowing anyone to be able to send/receive tokens to/from anyone on any Plasma chain or root chain.

LightningNetwork-Plasma.png

Architecture with Lightning Payments

Payment channel can be open between two parties, even when they reside on different Plasma chains. A network of payment channels would allow payments to be routed between multiple parties.

Lightning Network Blockchain Diagram.png

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