Relai Integrates Lightning With the Help of Breez SDK And Greenlight

Introduction to Relai’s Lightning Integration

Relai, a prominent European non-custodial Bitcoin wallet, is proud to announce its integration of Lightning functionality at the Plan B conference in Lugano.

Dive into Relai Integrates Lightning with help, offering speed and security for European transactions!

Relai, a European non-custodial Bitcoin wallet with broker services incorporated in the app, is announcing its integration of Lightning functionality today at the Plan B conference in Lugano. Lightning support will initially roll out as a closed invite-only beta program, slowly rolling out to full public access before the end of the year Q4 2023. Starting in early 2024, Relai will expand the integration to direct purchases through their broker service directly into their Lightning wallets.

This integration comes through a partnership with Breez, one of the earliest self-custodial Lightning wallets still in operation today, making use of the Breez Software Development Kit (SDK). The SDK will allow Relai to seamlessly integrate Lightning functionality for their users while relying on Blockstream’s recently launched Greenlight service to handle all of the backend functionality for users.

Greenlight runs the majority of the node software in the cloud for users, while still keeping the private key used to control funds and authorize updates to users’ channels on their own devices. This allows for a seamless and quick user experience, while still maintaining a self-custodial arrangement where Greenlight is incapable of altering the state of a user’s Lightning channel without their involvement.

Relai Integrates Lightning

The Breez SDK and Greenlight will ensure that the entire Lightning experience for Relai users is not only self-custodial but removed a step from Relai. Greenlight will give users access to multiple LSPs as channel peers, giving them optionality in a marketplace to find the best fees or network connections to optimize for their use cases and budgets.

It also guarantees that aside from purchases deposited directly into their Lightning wallet by Relai, the company will have no insight into users’ activity on the Lightning Network because of their lack of involvement in running the actual LSP infrastructure a user is connected to.

Adem Bilican, Co-Founder and CTO of Relai says of the collaboration, “Our collaboration with Breez fortifies our position at the forefront of the Bitcoin revolution in Europe. By integrating the Bitcoin Lightning Wallet, we are not only enhancing the user experience but also propelling Bitcoin’s adoption as a daily transactional currency.”

Roy Sheinfeld, Breez Co-Founder and CEO, says in this regard, “Working with a forward-thinking partner like Relai has been a delightful journey. We are united by the vision of making Bitcoin and Lightning easily and securely accessible to as many people as possible.”

Relai Integrates Lightning: Partnering with Breez for Lightning Integration

This integration is made possible through a strategic partnership with Breez, a leading self-custodial Lightning wallet provider. By leveraging Breez’s Software Development Kit (SDK), Relai can seamlessly integrate Lightning functionality into its platform, ensuring a secure and user-friendly experience.

Relai Integrates Lightning: Leveraging Blockstream’s Greenlight Service

Relai relies on Blockstream’s Greenlight service to handle the backend functionality of its Lightning integration. Greenlight provides cloud-based node software, enabling quick and seamless transactions while maintaining self-custodial control for users.

Relai Integrates Lightning: Empowering Users with Self-Custodial Lightning Experience

Through the Breez SDK and Greenlight service, Relai offers users a self-custodial Lightning experience. Users have access to multiple Lightning Service Providers (LSPs) as channel peers, providing optionality and flexibility in managing their funds and optimizing network connections.

Relai Integrates Lightning: Testimonial from Relai’s Co-Founder and CTO Adem Bilican, Co-Founder and CTO of Relai, emphasizes the significance of this collaboration in advancing Bitcoin adoption in Europe. The integration of the Lightning Wallet enhances the user experience and underscores Relai’s commitment to driving Bitcoin’s mainstream adoption.

Relai Integrates Lightning: Insight from Breez Co-Founder and CEO Roy Sheinfeld, Breez Co-Founder and CEO, expresses excitement about partnering with Relai to make Bitcoin and Lightning accessible to a wider audience. This collaboration reflects their shared vision of empowering users with secure and convenient access to Bitcoin technology.

Relai Integrates Lightning: The Future of Bitcoin in Europe This partnership represents a significant step forward for European Bitcoin users, offering a comprehensive solution for on-chain and Lightning transactions. With Relai’s Lightning integration, users can enjoy the benefits of self-custodial control while seamlessly transacting with Bitcoin.

This partnership will bring the full package to European Bitcoin users, self custody on-chain, on and off ramps, and Lightning payment support all bundled together into one application all without compromising on the principles of self-custody. Keep your eyes peeled for the integration to come out of beta in the coming months.

Source link

We will be happy to hear your thoughts

Leave a reply

Crypto wallet guru
Logo
Compare items
  • Total (0)
Compare
0
Shopping cart