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Home CryptoCurrency

Lightning Labs Unveils Toolkit to Enable AI Trading in Bitcoin

admin by admin
July 8, 2023
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Lightning Labs Unveils Toolkit to Enable AI Trading in Bitcoin
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The hype surrounding artificial intelligence (AI) is taking many industries by storm, and it appears that the digital asset industry is readily adopting the technology.

Lightning Labs has become the latest platform to exploit the space. The team behind the Bitcoin Lightning Network announced the release of a new set of developer tools to enable the Lightning and AI developer communities to interact seamlessly with Bitcoin.

Lightning Labs harnessed AI

according to official blog postThe newly released toolkit helps AI applications such as OpenAI’s ChatGPT interact with the bitcoin network to send, receive and hold the crypto-asset. Lightning Labs reports that the new device is built on the Lightning Native Authentication Mechanism – the L402 protocol. It also uses a popular library called “langchain”.

The firm also highlighted the problem of rising deployment costs that act as a barrier due to the current billing paradigm, an important aspect that the Lightning and L402 protocols seek to address. As such, taking advantage of the L402 protocol, any entity with an Internet-connected device will be able to send or receive bitcoin instantly. Due to the Lightning Network, high volume payments can also be made while maintaining privacy.

“We are extremely excited about the new wave of innovation brought with the latest wave of LLM models. With the L402 protocol and LangChainBitcoin, we are able to ensure that the open model can be accessed using open payment systems, connected to the world’s set of open APIs. In the end, open source will win, and we are working to provide the tooling to enable greater access to AI for humans and agents alike.

ln growth

Despite a slow start, the Lightning Network is being rapidly adopted by crypto entities. The scalping solution saw tremendous growth, as measured by the amount of BTC locked in it. latest statistics Shows that there are now over 5.4k BTC on the Lightning Network.

Binance recently announced that it will start running multiple Lightning nodes on its platform to leverage its Layer-2 scaling solution to enable cheap BTC deposits and withdrawals.

Special Offer (Sponsored)

Binance Free $100 (Exclusive): Use this link to register and get $100 free and 10% off fees on Binance Futures for the first month. (terms).

PrimeXBT SPECIAL OFFER: Use this link to register and enter the code CRYPTOPOTATO50 to receive up to $7,000 on your deposit.



The hype surrounding artificial intelligence (AI) is taking many industries by storm, and it appears that the digital asset industry is readily adopting the technology.

Lightning Labs has become the latest platform to exploit the space. The team behind the Bitcoin Lightning Network announced the release of a new set of developer tools to enable the Lightning and AI developer communities to interact seamlessly with Bitcoin.

Lightning Labs harnessed AI

according to official blog postThe newly released toolkit helps AI applications such as OpenAI’s ChatGPT interact with the bitcoin network to send, receive and hold the crypto-asset. Lightning Labs reports that the new device is built on the Lightning Native Authentication Mechanism – the L402 protocol. It also uses a popular library called “langchain”.

The firm also highlighted the problem of rising deployment costs that act as a barrier due to the current billing paradigm, an important aspect that the Lightning and L402 protocols seek to address. As such, taking advantage of the L402 protocol, any entity with an Internet-connected device will be able to send or receive bitcoin instantly. Due to the Lightning Network, high volume payments can also be made while maintaining privacy.

“We are extremely excited about the new wave of innovation brought with the latest wave of LLM models. With the L402 protocol and LangChainBitcoin, we are able to ensure that the open model can be accessed using open payment systems, connected to the world’s set of open APIs. In the end, open source will win, and we are working to provide the tooling to enable greater access to AI for humans and agents alike.

ln growth

Despite a slow start, the Lightning Network is being rapidly adopted by crypto entities. The scalping solution saw tremendous growth, as measured by the amount of BTC locked in it. latest statistics Shows that there are now over 5.4k BTC on the Lightning Network.

Binance recently announced that it will start running multiple Lightning nodes on its platform to leverage its Layer-2 scaling solution to enable cheap BTC deposits and withdrawals.

Special Offer (Sponsored)

Binance Free $100 (Exclusive): Use this link to register and get $100 free and 10% off fees on Binance Futures for the first month. (terms).

PrimeXBT SPECIAL OFFER: Use this link to register and enter the code CRYPTOPOTATO50 to receive up to $7,000 on your deposit.

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