Lightning Network Creators Unveil Alpha Version of Node Surveillance Tool Jul 28, 2019 Jul 28, 2019 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsJuly 28, 2019 by Kelly Cromley

Lightning Network Creators Unveil Alpha Version of Node Surveillance Tool

The Lightning Network, a second-layer blockchain covenant intended to ensure faster payments on Bitcoin and other networks, has a special node surveillance device. Lightning Labs has introduced a freely available source “drop-in, dockerized surveillance system” for alpha experimentation called lndmon, per an internal blog article published by software developer Valentine Wallace on July 24.

One of the primary objectives of this innovative system is to provide a manner to avoid some network problems before they occur. As per the announcement, this year there were issues with the peer-to-peer network that could have been avoided through a node tracker.

As an illustration of preventive action, Wallace suggests that “a routing node controller may want to be alerted if various lines are swiftly shut or if their peer links signal turbulence.” More usually, Lightning devs believe that this real-time surveillance through this system will eventually render the Lightning Network stable.

The article also states that there is a range of prospective use cases for this system beyond surveillance for prospective issues. For example, Wallace suggests that for economic purposes a customer may want to monitor nodes. They might use this instrument to track developments like the quantity of channels over time and which venues have the optimal routing charges.

Especially, a $35 mini-computer was introduced by the Raspberry Pi Foundation in June to operate Bitcoin nodes at minimal fee. This latest prototype of Raspberry Pi aims to create node activity more effective for a multitude of customers, including miners, businesses and people concerned of privacy.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.