Bitfury has tested a Lightning Network upgrade on the current bitcoin protocol, ahead of the eagerly awaited segregated witness (segwit) activation – set to be be live within a month. The company is also testing an upgraded version of its software for use in the upcoming SegWit hard fork that will take place at block 494,747. However, Valery Vavilov, the CEO of Bitfury, said the company is "fully committed to segwit’s implementation".
Bitfury has tested a Lightning Network upgrade on the current bitcoin protocol, ahead of the eagerly awaited segregated witness (segwit) activation – set to be be live within a month. In two demonstrations carried out on the main net, Bitfury carried out a transaction from one Lightning node to the next, before conducting a single-hop transaction, suggesting Bitfury could deploy its Lightning network whether segwit happens or not. However, Valery Vavilov, the CEO of Bitfury, said the company is "fully committed to segwit’s implementation".