On-chain
10 min+ settlement timesAverage 7 tx per secondVariable network costsGlobal, open-source projectBest for large paymentsInstant Bitcoin payments
with the Lightning Network
OpenNode powers instant settlement and lowest cost payments.
What is the Lightning Network?
The Lightning Network is a protocol that allows Bitcoin payments to scale.Bitcoin is open-source, decentralized and distributed technology that enables payments everywhere, without intermediaries.The Bitcoin blockchain processes an average of 7 transactions per second, and payments take ~10 minutes to be confirmed. Payers pay Bitcoin network fees - a variable cost which can be high relative to lower transaction values.For bitcoin to succeed as a payment method, payments need to settle instantly, process at high volume, and be consistently low cost for payers.The Lightning Network solves this.
The Lightning Network is a protocol that allows Bitcoin payments to scale. Bitcoin is open-source, decentralized and distributed technology that enables payments everywhere, without intermediaries.The Bitcoin blockchain processes an average of 7 transactions per second, and payments take ~10 minutes to be confirmed. Payers pay Bitcoin network fees - a variable cost which can be high relative to lower transaction values.
10 min+ settlement timesAverage 7 tx per secondVariable network costsGlobal, open-source projectBest for large paymentsLightning
Network
Instant settlement times100,000+ tx per secondLow cost for payersGlobal, open-source projectBest for everyday paymentsFor bitcoin to succeed as a payment method, payments need to settle instantly, process at high volume, and be consistently low cost for payers.The Lightning Network solves this.
Why use the Lightning Network?
Instant payments
Bitcoin payments on the Lightning Network settle instantly.Lowest cost payments
Lightning Network transactions are virtually free - an average of 1 Satoshi (a fraction of a cent).
Built for scale
Lightning can process hundreds of thousands of transactions per second.Micro-transactions
Accept payments as small as one Satoshi (fractions of a cent).Security
Benefit from the same security as on-chain, plus increased privacy.OpenNode optimizes access to the Lightning Network
OpenNode handles technology, liquidity and connectivity so businesses don’t have to. We provide:
The best technology
Highest capacity nodes and channels for liquidity and reliability, plus support for the newest protocol updates, from Segwit to LNURL.
Universal access
Solutions for businesses everywhere, compatible with all Bitcoin and Lightning wallets.
Flexibility
A variety of enablement options, from no-code hosted checkout to e-commerce plugins and restful API integration.
Simplicity
OpenNode’s payment requests and dashboard support both Lightning and on-chain.A Bitcoin payment API with Lightning Network capabilities
Easy to integrate
Integrate instant, low-cost global payments into any business or application with just a snippet of code.
Lightning Powered
Accept Bitcoin payments and send Bitcoin payouts programmatically using the Lightning Network.const opennode = require('opennode');
opennode.setCredentials('API_KEY');
const charge = await opennode.createCharge({
amount:100,
currency:'USD',
});Try OpenNode...
no strings attached!
Everybody’s got something to say about Bitcoin.
We cut through the noise.
