Friday 7 July 2023

LIGHTING LABS LAUNCHES TOOLKITS THAT AID AI APP TRANSACT WITH BITCOIN

#Lightning #Labs is the newest platform to embrace the #Artificial #Intelligence (AI) and its application to #cryptocurrency industry.
 
The team behind the #Bitcoin Lightning Network has announced the release of a new set of developer tools to enable the Lightning and #AI developer communities to interact with Bitcoin seamlessly.
 
The newly released toolkit assists AI applications such as OpenAI’s ChatGPT to interact with the Bitcoin network to send, receive, and hold the #crypto.
 
Lightning Labs made it clear that the latest tools are built on a Lightning native authentication mechanism called #L402 protocol and it also uses a popular library known as #Langchain.
 
The firm also pointed out the problem of rising deployment costs that serve as a barrier due to the current billing paradigm, a crucial aspect that Lightning and the L402 protocol seek to address.
 
As such, leveraging the L402 protocol, any entity with an internet-connected device will be able to receive or acquire Bitcoin instantly.
 
Because of the Lightning Network, voluminous payments can also be carried out while retaining privacy

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