FiberNetwork

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FiberNetwork
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Scaling Satoshi's P2P Ecash Version
Just got back from CKCon in beautiful Chiang Mai🌴! Our dev gave a talk on Fiber and hacked an interactive visual simulation to show how it works. If you couldn't make it, below is a shorter version. But first, try playing with the dots yourself! 👉 image ## Why Layer 1 Isn't Enough We all love Layer 1 blockchains like Bitcoin or CKB for their security, but let's be honest: they aren't exactly built for speed. Every transaction has to be shouted out to the entire world and written down by thousands of nodes. On CKB, you're waiting about 8 seconds for a block; on Bitcoin, it's 10 minutes! Plus, the fees can get nasty if you're just trying to buy a coffee. ☕️ So how to fix this? ## Lightning Network 101 The Lightning Network is a scalable, low-fee, and instant micro-payment solution for P2P payments. The secret sauce isn't actually new. Even Satoshi Nakamoto hinted at this "high-frequency" magic in an early email: "Intermediate transactions do not need to be broadcast. Only the final outcome gets recorded by the network." () A Lightning Network consists of Peers and Channels. A peer can send, receive, or forward a payment. A Channel is used for communication between two peers. image Imagine you and a friend want to trade money back and forth quickly: 1. Opening the Channel: You both put some money into a pot and sign a Funding Tx. This goes on the blockchain (L1). 2. The Fun Part (Off-Chain): Now that the channel is open, you can send money back and forth a million times instantly! You just update the balance sheet between you two (using HTLCs and signatures). No one else needs to know, and no blockchain fees are paid yet. 3. Closing the Channel: When you're done, you agree on the final balance, sign a Shutdown Tx, and tell the blockchain. Everything in the middle? That's off-chain magic. ✨ ## The Power of the Network Now, if Fiber was just about paying your direct neighbor, it would be boring. The real power comes from the Network. image This means Alice can pay Bob even if there's no direct channel between them. The payment can travel through one or more intermediate nodes. As long as there is a path with enough liquidity, the payment will reach its destination instantly. All data is wrapped in Onion Packets (yes, like layers of an onion). The nodes in the middle serve as couriers, but they are blindfolded: - They don't know who sent the money. - They don't know who is receiving it. - They only know "pass this to the next guy." They simply follow a basic rule: they forward the Hash Time Lock, and if the payment succeeds, they earn a tiny fee for their trouble. Easy peasy. ## The Not-So-Easy Part 😅 While the idea is simple, building it is... well, an engineering adventure. We're dealing with cryptography, heavy concurrency, routing algorithms, and a whole jungle of edge cases. But hey, that's what makes it fun! We've poured the last two years into building Fiber, and I'm proud to say it’s finally GA-ready. If you want to geek out on the details, check these out: - Mastering the Lightning Network () and Basis of Lightning Technology () - Fiber's GitHub: Here is the full presentation from the Chiang Mai talk CKB Fiber Network Engineering Updates:
Wonderful to be back in Chiang Mai — great energy at this year's CKCon! 😎🥥 Our Fiber dev presented the latest engineering updates, and it's always a joy to reconnect with other Nervos teams and share what we've been building. ⚡🤝
🚴 Fiber Dev Log 18 🚴 Multi-hop payments and hold-invoice are now supported in the Cross Chain Hub, making payment routing and tracking smoother. We also put out a Liquidity Solutions Survey, going through 11 approaches for improving liquidity in Fiber. After evaluating them, we found: - 4 solutions that work well for Fiber: Submarine Swaps, Liquidity Ads, JIT Channels, and a Liquidity Pool Marketplace -- Each with different trade-offs between flexibility, complexity, and user experience. - Three others (Shaduf++, Cycle, and Split) remain on watchlist as we keep exploring. The full report is available online 👉 Always open to feedback or discussion! We also fixed performance issues found in large-scale tests, improved observability, and finalized the dashboard UI design. Next up: Fiber v0.6 with HTLC RPC and extended test coverage. Full dev log:
What is Fiber and Why Does It Matter? 👇 1/ What is Fiber Fiber is a privacy-by-default, scalable network for fast, low-cost payments and swaps between digital assets. Aligned with Bitcoin’s principles, Fiber connects peers decentrally, ensuring security and efficiency without external consensus or centralized validation. 2/ What makes Fiber different? - Beyond channel network like Lightning, Fiber natively supports stable-coin payment and assets swap, unlocking new Bitcoin-based financial use cases. - Unlike sidechains and rollups, Fiber is not a chain. It scales off-chain with Bitcoin-aligned decentralization, privacy, and security, while achieving high efficiency without relying on external trust assumptions or complex cryptographic proofs. 3/ Why Fiber matters: - Bitcoin-aligned: Expands Bitcoin’s use cases while staying rooted in its decentralization principles. - Lightning-compatible: Works seamlessly with Lightning while adding flexibility and multi-asset support for payments & swaps. - Privacy-by-default & Efficient: No network-wide consensus; transactions are only visible to involved parties and settle quickly via direct peer-to-peer communication. 4/ Features rundown: - Multi-asset support: Supports stablecoins, RGB++ assets on the Bitcoin ledger, and UDT assets on CKB. - Ultra-low fees: Micropayments as small as 0.0001 cents, with fees as low as 0.00000001 cents. - Instant asset swaps: Swap any asset pair as long as a channel path is available. - Cross-network payments & swaps: Seamless transactions between the Lightning Network and Fiber. - Watchtower support: Helps node operators monitor and secure the network. - Multi-hop payments: Run a Fiber node and earn fees by facilitating payments. - Low latency: Transactions process with minimum delay (e.g., 20ms for 0.0001 cent payments). - High throughput: Transactions handled by involved peers without requiring network-wide consensus. - Enhanced privacy: Transactions are only visible to involved peers. - Advanced cryptography: Uses PTLC instead of HTLC for stronger security and privacy. - Composable with CKB Scripts: Integrates with other contracts and Scripts on CKB.
🚀 Fiber is live on mainnet! Fiber v0.4.0 marks the first-ever Mainnet deployment of the Fiber contract, with two bootnodes set up. An updated contract is also deployed on Testnet. ⚠️ Security audit in progress—start with small amounts when testing! This release includes multiple bug fixes and improvements. Check the full details & share your feedback: Let’s scale P2P finance together! 💙