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.
FiberDevs
npub1fx…5tahv
2025-03-01 01:07:46
Author Public Key
npub1fxq5crl52mre7luhl8uqsa639p50853r3dtl0j0wwvyfkuk4f6ssc5tahvPublished at
2025-03-01 01:07:46Event JSON
{
"id": "650766b72d7218b15da1521d058289a450af5b2e809b7dcd3eb6be8e1087ec8d",
"pubkey": "49814c0ff456c79f7f97f9f80877512868f3d2238b57f7c9ee73089b72d54ea1",
"created_at": 1740791266,
"kind": 1,
"tags": [],
"content": "What is Fiber and Why Does It Matter? 👇\n\n1/ What is Fiber\n\nFiber 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.\n\n2/ What makes Fiber different?\n\n- Beyond channel network like Lightning, Fiber natively supports stable-coin payment and assets swap, unlocking new Bitcoin-based financial use cases.\n\n- 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.\n\n3/ Why Fiber matters:\n\n- Bitcoin-aligned: Expands Bitcoin’s use cases while staying rooted in its decentralization principles.\n\n- Lightning-compatible: Works seamlessly with Lightning while adding flexibility and multi-asset support for payments \u0026 swaps.\n\n- Privacy-by-default \u0026 Efficient: No network-wide consensus; transactions are only visible to involved parties and settle quickly via direct peer-to-peer communication.\n\n4/ Features rundown:\n\n- Multi-asset support: Supports stablecoins, RGB++ assets on the Bitcoin ledger, and UDT assets on CKB.\n- Ultra-low fees: Micropayments as small as 0.0001 cents, with fees as low as 0.00000001 cents.\n- Instant asset swaps: Swap any asset pair as long as a channel path is available.\n- Cross-network payments \u0026 swaps: Seamless transactions between the Lightning Network and Fiber.\n- Watchtower support: Helps node operators monitor and secure the network.\n- Multi-hop payments: Run a Fiber node and earn fees by facilitating payments.\n- Low latency: Transactions process with minimum delay (e.g., 20ms for 0.0001 cent payments).\n- High throughput: Transactions handled by involved peers without requiring network-wide consensus.\n- Enhanced privacy: Transactions are only visible to involved peers.\n- Advanced cryptography: Uses PTLC instead of HTLC for stronger security and privacy.\n- Composable with CKB Scripts: Integrates with other contracts and Scripts on CKB.\n",
"sig": "e09f32512489356d10229a01f9d247afab1e82aa582284a8f875eb8a255151d024068d838c27da8970d78a79b3f43b4d298ec91e67bafaed5a7ba3475825470a"
}