Connect with us

Breez SDK

Breez Lightning SDK Integrating Support For Liquid Network

Published

5 months ago

on



The Breez SDK is launching integration of the Liquid Network in addition to their support for the Lightning Network. Breez SDK has been a great success in making integration of Lightning support easier for developers. Used by Relai, Cake Wallet, CrowdHealth, and numerous other companies who have built out support for the Lightning Network.

Liquid support represents the next phase of significant expansion of the Breez SDK. Liquid is a federated sidechain network utilizing L-BTC, a bitcoin backed token custodied by the members of the federation operating the Liquid Network.

It is important to note that while people using the Liquid Network do self custody their L-BTC, having control to freely move it on Liquid how they want, the actual BTC backing it is custodied by members of the federation on the mainchain. This means that strictly speaking, while internal use of the network itself is self-custodial, entry and exit to and from the network is somewhat permissioned.

Why Liquid?

Breez SDK is integrating Liquid support to offer developers and users more optionality. Every different way of using Bitcoin comes with different trade-offs, both positive and negative.

Liquid does not require the use of payment channels, meaning that users do not have to deal with set up fees or liquidity management, or require an LSP to manage the frictions and complexities of making use of their bitcoin. This also removes the possibility of surprise channel closures and the fees this winds up creating for the end user.

This also removes a lot of complexity on the developer side, leaving less moving parts for them to manage when integrating Liquid support into a product or wallet. No channel management, no routing management, just basic on-chain fund management with basic send and receive support. Given that the SDK is tailored for developers, this is a new option for SDK users with minimal implementation complexity.

Interaction With Lightning

Any wallet integrating Liquid through the Breez SDK can also still seamlessly interact with the Lightning Network to maintain a streamlined and interoperable user experience. Powered by Boltz, the SDK supports submarine swaps. This allows any users custodying their funds on the Liquid Network to seamlessly send and receive Lightning payments by making use of an atomic swap between the Liquid Network and the Lightning network.

The Lightning swap functionality supports LNURL-Pay, LNURL-Withdraw, LNURL-auth, and is planning to soon integrate support for fiat on and off-ramps. As well, in the future support will be added for multi-device and multi-app support, allowing users to integrate with a single wallet balance across different devices and applications.

Where to find

To find out more, the technical documentation for the Breez SDK Liquid support can be found here. 



Source link

Related Topics:
Continue Reading

Breez

More Nodeless Non-custodial Bitcoin Lightning Wallets, Por Favor

Published

1 month ago

on

November 14, 2024

By


Follow Frank on X.

On Tuesday, Breez announced its latest partner, Yopaki, a Mexican neobank. Yopaki has integrated with Breez’s free and open-source SDK, which enables its users to have a non-custodial Lightning wallet without having to run their own Lightning node. (More on how this works here.)

Before continuing, I have to say that I get a little bit jealous whenever Breez makes such announcements, because they make me wish that Breez could partner with neobanks or Bitcoin apps accessible to residents in New York State, like myself.

The thing is though, we can’t have nice Lightning things here in the Empire State because regulation in New York — a state that seems to almost pride itself on its soul-crushing levels of red tape and bureaucracy — prohibits companies from offering Lightning services.

But anyway, where was I?

In the Bitcoin space, we frequently hear about the challenges Bitcoin faces in scaling and how Lightning isn’t a sufficient solution. Oddly enough, though, we never hear this complaint from Roy Sheinfeld, co-founder and CEO of Breez, because he’s too busy building things that prove the Lightning naysayers wrong.

Sheinfeld and the team at Breez, who are on a mission to bring Lightning to every app, have been on a hot streak when it comes to helping Lightning users around the world gain access to non-custodial Lightning services. Earlier this year, they announced partnerships with Volt in Nigeria and Diamond Hands in Japan.

Sometimes, when I’m alone, I look up at the sky and say to myself, “Why, God, why do Nigerians, the Japanese and Mexicans get access to such sweet monetary tech while my once great state — home to a city that refers to itself as the ‘financial capital of the world,’ but ironically doesn’t allow its residents to use cutting edge Lightning services — fades into obscurity?”

While I never get an answer, I do take comfort in the fact that the likes of Sheinfeld and the team at Breez are out there ensuring that nodeless non-custodial Lightning wallets are proliferating, enabling people to more easily use bitcoin as it was intended to be used — peer-to-peer.

I look forward to seeing Breez partner with even more apps and neobanks in 2025.

This article is a Take. Opinions expressed are entirely the author’s and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.





Source link

Continue Reading
Advertisement [ethereumads]

Trending

    wpChatIcon