Blockchain and DEX Startup Radar Releases New Lightning Network Developer Tools

Radar, the startup behind decentralized exchange Radar Relay that raised $10 million last year, announced that it will release new Lightning Network developer tools. The statement was made in a Medium post published on April 5.

The developer tools, which will be released at the Lightning Network hackathon sponsored by the company, Boltathon, include a node configuration helper, a tool for opening channels and requesting channels, an invoice sandbox for test and an invoice decoder. The tools will be accompanied by setup tutorials, software recommendations and configuration guides for connecting through anonymity network Tor and accessing unreleased features.

The tools and educational material above are part of the company’s Radar ION initiative, which aims to bring new users to the Lightning Network. The Lightning Network is a cryptocurrency scalability solution — most well-known in its application to Bitcoin (BTC) — aiming to provide nearly free and instantaneous transactions.

As Cointelegraph reported in March, blockchain development company Lightning Labs announced the initial release of the Lightning Network offramp Lightning Loop.

Also in March, Bitcoin mining and development company Bitfury entered into a partnership with United States payments processor startup HadePay to allow its merchants to accept Lightning Network transactions.

Total BTC Fees for On-Chain Transactions Surged 50% in Last 24 Hours   April 23, 2020
The Future of Crypto: The Latest Cryptography Advances Set to Change Blockchain   Feb. 20, 2020
Cryptocurrency Exchange BitMEX Enables Native SegWit Support   Dec. 12, 2019
Crypto Exchange Gemini Rolls Out Native Wallet Support for SegWit Bitcoin Addresses   April 17, 2019
Bitcoin transaction fees briefly doubled yet remain exceptionally low   March 9, 2022