- Alby launches a browser plugin that enables users to use a personal Lightning node to launch applications based on Bitcoin.
- A self-custody wallet and “one-click” setup for Lightning nodes are also included in the service.
The startup Alby, which created the well-liked open-source browser extension for keeping public and private keys locally on Bitcoin BTC -2.97%, recently introduced a new product that enables customers to run Bitcoin-based applications on their own Lightning node.
Alby’s founder, Michael Burmann, released a statement saying, “We always focused on building tools and protocols to use the Lightning Network on the Web natively.”
Adoption has been hampered by the difficulties of maintaining a node at home, even though Lightning has emerged as possibly the most well-liked Bitcoin scaling solution, providing users with faster and less expensive transactions than communicating with the base chain. Currently, a lot of Lightning users choose custodial solutions over keeping custody over their own coins, which goes against the original principles of Bitcoin.
Alby Hub also comes with a self-custodial wallet and an easily installable Lightning node service in order to accomplish this. Through a specially designed app store, users can also access programs that are native to Bitcoin. Applications such as external Lightning wallets and social networking apps Damus and Stacker News are mentioned in the press announcement.
Burmann pointed out that while lowering the technological overhead, this promotes the self-sovereign elements of the Bitcoin network and its surrounding ecosystem.
Alby Hub can be used on a PC for free using the “do it yourself” version available from the firm, or it can be used in Alby’s cloud for a monthly fee of 21,k sats, or roughly $15.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
