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Lightning Labs Enables AI Bitcoin Transactions on Lightning Network

Lightning Labs Enables AI Bitcoin Transactions on Lightning Network

Lightning Labs Enables AI Models to Use Bitcoin on Lightning Network

Bitcoin Lightning Network development firm Lightning Labs has unveiled a toolkit that allows artificial intelligence (AI) models, such as OpenAI's ChatGPT, to interact with the Bitcoin network. The tools enable AI applications to send, receive, and hold BTC on Lightning Network's layer-2 solution, making payments faster, cheaper, and more accessible for AI developers. Lightning Labs acknowledged the limitations of current AI models, which lack native web-based payment mechanisms, and the expenses incurred when relying on traditional payment methods. The Lightning Network currently has a capacity of 5,432 BTC ($163.5 million) spread across approximately 70,000 channels.


By: Simran Mishra
07-Jul-2023

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