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The Litecoin Foundation has just announced a new partnership with X9 that they hope will bring the "one-click" atomic exchange capability to the Lightning network.
The LF has formalized a collaboration with @ X9developers of @XSNofficial in the maintenance and in the hardening of lcd. They recently updated lcd with btcd. This allows #litecoin neutrino support, a lightweight LN client. Read more here: https://t.co/cPeCMGZ6qK
– Litecoin Foundation (@LTCFoundation) December 20, 2018
Litecoin is a peer-to-peer cryptocurrency and an open-source software project, and is one of the most popular tokens on the market. Meanwhile, X9 aims to become one of the leading developers in the blockchain and decentralization space. The move will see the Litecoin Foundation and X9 work to improve the maintenance, debugging and hardening of LTCD and potentially the development of other Lightning Network technologies. In this case, LTCD refers to an implementation of an alternative complete node for Litecoin.
The announcement states that X9 is a "blockchain-independent development team whose founders are the main developers and are entirely funded by Stakenet".
The partnership also aims to provide support for Neutrino, which is a client supporting Lightning Network. In addition, the Litecoin Foundation believes that this is "an important first step to simplify the development of Lightning Network applications as a complete node will no longer require the execution of a portfolio or Lightning Network application for implementation of the LND protocol".
Other cross-chain atomic exchanges
The X9 developers have already implemented a Beta version of the project, which incorporates cross-chain atomic exchanges on the Lightning network. Their current goal is "to improve the Lightning Network user experience" to develop a "one-click" solution for Lightning Network's atomic swaps.
Coin Rivet has recently brought you the story of the first Lightning to ERC-20 atomic swap in the world run by the CoBloX team.
Coin Rivet also recently reported on the impressive peak of the Lightning Network network. All of these developments and activities around Lightning Network seem to create a lot of buzz for the community for this two-level scaling solution.
For more information and Coin Rivet guides, click here.
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