• NEWS
  • INTERVIEWS
    • AiThority Text Interviews
    • Podcast – AI Inspired Stories
  • INSIGHTS
    • GUEST AUTHORS
    • AIT STAFF WRITER
  • AI RADAR
    • A
      • Analytics
      • Automation
      • Apps
      • AIT Featured Posts
      • Augmented Reality
      • AIT MegaMind
      • Autonomous Vehicles
      • AI Machine Learning Projects
      • AiThority.com Primers
      • Assistive Technologies
      • Arguments Against AI
    • B
      • Blockchain
      • Big Data
      • Business Intelligence
      • Bots/Intelligent Assistants
    • C
      • Cloud
      • Computing
      • Cryptocurrency
      • Customer Experience
      • Chatbots & Intelligent Assistants
      • ChatGPT
      • Computer Vision
      • Challenges
      • customer Experience
      • Content
      • Cognitive
      • Creativity & Intelligence
      • Computer Vision
    • D
      • Data Management
      • Data Center and Co-location
      • Deep Learning
      • Drones
      • Diagnosis
    • E
      • Education and Research
      • Energy management
      • Edge Computing
      • End-point Security
    • F
      • Financial Services
      • Face Recognition
    • G
      • Guest Authors
      • Gaming
      • Gadgets
      • generative AI
      • GovTech
    • H
      • Healthcare Management
      • HR Technology
      • Hot Startups
    • I
      • IoT
      • IT and DevOps
      • Investment
      • Interviews
      • Image Understanding
      • Information Extraction
      • Information Fusion
      • Inductive Learning
      • Intel
      • Issues
    • L
      • Life Sciences
      • Locomotion
    • M
      • Machine Learning
      • Martech
      • Mobile
      • Mobility
      • Manufacturing
      • Medical Apps
      • Mobility
      • Mining
      • Machine Translation
      • Memory-Based Learning
    • N
      • News
      • Native and Programmatic Advertising
      • Natural Language
      • NFT
      • Neural Networks
      • Neuroscience
    • O
      • Optimization
      • Optical Character Recognition
    • P
      • Predictive
      • Programming Languages
    • Q
      • Quantum Computing
    • R
      • Robots
      • Regulation and Compliance Managment
      • Robots / Drones
    • S
      • Security
      • SaaS
      • Sales and Customer Support
      • Space Technology
      • Storage and Recovery
      • Smart Home
      • Speech Recognition
      • Social Issues
    • T
      • Technology
      • The Future
      • Talent-acquisition
    • U
      • Urban Mobility
    • V
      • Video
      • Virtual Reality
      • Voice
      • Vision
      • Video Understanding
    • W
      • web3
      • Wearables
    • AI in MARKETING
    • AI in SALES
    • AI in HR
    • AI in Finance
    • AiThority.com Primers
  • SERVICES
    • Editorial
    • Lead Generation
    • Events
  • Subscribe
  • CONTACT US
  • NEWS
  • INTERVIEWS
    • AiThority Text Interviews
    • Podcast – AI Inspired Stories
  • INSIGHTS
    • GUEST AUTHORS
    • AIT STAFF WRITER
  • AI RADAR
    • A
      • Analytics
      • Automation
      • Apps
      • AIT Featured Posts
      • Augmented Reality
      • AIT MegaMind
      • Autonomous Vehicles
      • AI Machine Learning Projects
      • AiThority.com Primers
      • Assistive Technologies
      • Arguments Against AI
    • B
      • Blockchain
      • Big Data
      • Business Intelligence
      • Bots/Intelligent Assistants
    • C
      • Cloud
      • Computing
      • Cryptocurrency
      • Customer Experience
      • Chatbots & Intelligent Assistants
      • ChatGPT
      • Computer Vision
      • Challenges
      • customer Experience
      • Content
      • Cognitive
      • Creativity & Intelligence
      • Computer Vision
    • D
      • Data Management
      • Data Center and Co-location
      • Deep Learning
      • Drones
      • Diagnosis
    • E
      • Education and Research
      • Energy management
      • Edge Computing
      • End-point Security
    • F
      • Financial Services
      • Face Recognition
    • G
      • Guest Authors
      • Gaming
      • Gadgets
      • generative AI
      • GovTech
    • H
      • Healthcare Management
      • HR Technology
      • Hot Startups
    • I
      • IoT
      • IT and DevOps
      • Investment
      • Interviews
      • Image Understanding
      • Information Extraction
      • Information Fusion
      • Inductive Learning
      • Intel
      • Issues
    • L
      • Life Sciences
      • Locomotion
    • M
      • Machine Learning
      • Martech
      • Mobile
      • Mobility
      • Manufacturing
      • Medical Apps
      • Mobility
      • Mining
      • Machine Translation
      • Memory-Based Learning
    • N
      • News
      • Native and Programmatic Advertising
      • Natural Language
      • NFT
      • Neural Networks
      • Neuroscience
    • O
      • Optimization
      • Optical Character Recognition
    • P
      • Predictive
      • Programming Languages
    • Q
      • Quantum Computing
    • R
      • Robots
      • Regulation and Compliance Managment
      • Robots / Drones
    • S
      • Security
      • SaaS
      • Sales and Customer Support
      • Space Technology
      • Storage and Recovery
      • Smart Home
      • Speech Recognition
      • Social Issues
    • T
      • Technology
      • The Future
      • Talent-acquisition
    • U
      • Urban Mobility
    • V
      • Video
      • Virtual Reality
      • Voice
      • Vision
      • Video Understanding
    • W
      • web3
      • Wearables
    • AI in MARKETING
    • AI in SALES
    • AI in HR
    • AI in Finance
    • AiThority.com Primers
  • SERVICES
    • Editorial
    • Lead Generation
    • Events
  • Subscribe
  • CONTACT US
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

Blockstream Simplifies Lightning With on-Demand Node Service​​—Greenlight

Financial ServicesNews
By AIT News Desk On Jul 23, 2021
Share

Greenlight brings ‘not your keys, not your coins’ to Lightning node hosting

Greenlight is an all-in-one service that allows users to set up a Lightning node using Blockstream’s cloud infrastructure while maintaining total control over their funds. The private keys, required to sign both on-chain and off-chain transactions, never leave the user’s personal device. Users interact with the node through a simple programmable interface with Blockstream managing all the infrastructure behind the scenes.

“Getting started with Lightning can be a challenge for some, especially the more technical aspects like operating channels or creating backups and watchtowers,” explained Christian Decker, Core Tech Engineer at Blockstream. “As a result, many people prefer custodial services, who manage the technical side for them, but do so at the cost of trusting the service operator with their private keys. At Blockstream, we think there’s a better way with Greenlight, which lets users operate a node while also having control over their private keys and bitcoin, leaving the intricacies of node operation up to the professionals.”

Recommended AI News: Google Cloud Region Goes Live in Delhi NCR in India

Greenlight is built on top of c-lightning, an implementation of the Lightning Network protocol optimized for performance and extendibility. The use of c-lightning results in very low operational costs, and the savings are passed on to Greenlight’s users. Greenlight also enables sharing a single node among any number of front-ends, saving on-chain fees for the user and reducing the fragmentation of funds.

Currently, Greenlight is available through Lightning-powered technology companies Sphinx and Lastbit, with an incremental rollout planned for the greater public after the initial beta phase. Both platforms enable visitors to spin up a c-lightning node on demand without the overhead of syncing with the blockchain, installing a node, or setting up infrastructure.

“Greenlight hits the sweet spot for many users who want to get on Sphinx and Lightning, but don’t have the time or ability to maintain their own node. For any Sphinx Greenlight users, we’ll open a channel to your node so you can send and receive messages without moving around bitcoin,” said Paul Itoi, Chief Executive Officer at Sphinx.

Recommended AI News: Etherlite Is Giving ETL Tokens to Every ETH Wallet Holder; Biggest Airdrop Ever

“Lastbit’s key infrastructure involves abstracting away the complexities of Lightning whilst presenting a compliant and non-custodial interface. Greenlight enables this by allowing us to delegate key management and custody directly to our end-user,” said Prashanth Balasubramanian, Founder at Lastbit.

As a user-friendly option, Greenlight acts as an educational tool for novices to learn the ins and outs of the network. Once users are knowledgeable enough, Greenlight offers the option to export nodes and load them onto alternative platforms. Greenlight also aims to equip everyday developers and incentivize building Lightning-enabled apps by removing the barrier of having to be a node operator.

Blockstream is committed to consistently upgrading Greenlight with new features, security and privacy, as well as greater accessibility. In the short term, Lightning users can expect Greenlight to have a variety of new features implemented, such as automatically proposing channels, liquidity rebalancing, and swap services. During the rollout and initial testing phases of Greenlight, users will have access to the service free of charge.

Related Posts

Colle AI Develops Advanced Prototyping Frameworks to Boost NFT Creation Speed

Sep 26, 2025

AGII Introduces Realtime AI Intelligence to Accelerate Web3 Execution

Sep 26, 2025

GPT Proto Makes Enhanced Gemini 2.5 Flash Available Following Google’s Major AI Update

Sep 26, 2025
Prev Next 1 of 41,428
Recommended AI News: Tom Warden Joins CLARA Analytics As Chief Insurance And Science Officer
BlockchainCloud InfrastructureGreenlightLightning-powered technologyOn-Demand
Share
AIT News Desk

AIT News Desk is a trained group of web journalists and reporters who collect news from all over the technology landscape. The technical space includes advanced technologies related to AI, ML, ITops, Cloud Security, Privacy and Security, Cyberthreat intelligence, Space, Big data and Analytics, Blockchain and Crypto.
To connect, please write to AiT Analyst at news@martechseries.com.

Prev Post

Entrust Updates Cloud Key Lifecycle Management As Organizations Migrate To Multi-Cloud Environments

Next Post

EU-Crypto Bank Launches New Website and Trading Platform

You might also like More from author
Machine Learning

Colle AI Develops Advanced Prototyping Frameworks to Boost NFT Creation Speed

Machine Learning

AGII Introduces Realtime AI Intelligence to Accelerate Web3 Execution

Machine Learning

GPT Proto Makes Enhanced Gemini 2.5 Flash Available Following Google’s Major AI…

Machine Learning

Julie Cropp Gareleck and Dr. Ghazaleh Samandari, Launch Vera—A Human‑Led, AI‑Powered…

Prev Next

Comments are closed.

Follow Us

AiThority.com covers AI technology news, editorial insights and digital marketing trends from around the globe. Updates on modern marketing tech adoption, AI interviews, tech articles and events.

Quick Links

  • NEWS
  • INTERVIEWS
  • INSIGHTS
  • EVENTS
  • CONTACT US

Visit Our Other Sites

Follow Us

Facebook X-twitter Linkedin

Interested in our Customized Editorial Services?

Please fill your details and we’ll get in touch with you!

Fill Your Details

NEWS

INTERVIEWS

INSIGHTS

AI RADAR

SERVICES

SUBSCRIBE

CONTACT US

Brought to you by

To repurpose or use any of the content or material on this and our sister sites, explicit written permission needs to be sought.

Copyright © 2025 AiThority. All Rights Reserved. Privacy Policy