Bitfury launches new range of Lightning Network products

Bitfury has released a product bundle designed to make the Lightning Network easier for vendors and consumers to use.

Making Lightning easier to use

Bitfury is a leading full-service blockchain technology company. They are aiming to build a global team of experts in technology, business, communications, and security.

The release includes a range of products aimed at making the Lightning Network easier to use, such as an open source Lightning wallet and hardware/software tools for merchants and payment processors. These features can be used by businesses to accept Lightning and Bitcoin payments.

Lightning Peach

The products were created and are supported by Bitfury’s Lightning Network engineering and research team, called “Lightning Peach.”

Bitfury’s node will let “Bitcoin users open or create their own payment channels on the Lightning Network.”

As part of the launch, Bitfury will also be releasing a “Peach Terminal.”

The Peach Terminal will be a cashless payments device for vending machines and point-of-sale terminals that provides hardware support for instant and low-cost Bitcoin payments. The group claim that “the Peach Terminal is a fast and secure way to process payments while protecting customers’ personal information.”

The release of this product bundle comes after the integration of Lightning Network technology for use on cryptocurrency exchanges.

As detailed in the company’s Medium post, Valery Vavilov, CEO of Bitfury, said that “the Lightning Network will enable people to use Bitcoin in their everyday lives.”

“By providing these products to the market, Bitfury is encouraging worldwide adoption of this technology and providing unparalleled support to consumers and merchants.”