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BitFury Group’s Flare successfully tested by French firm ACINQ

The BitFury Group has announced that its Flare – innovative algorithm solution for payment routing on the Lightning Network, has been successfully implemented and tested by a French bitcoin technology startup ACINQ.

According to the official release, the BitFury Group previously in July released a whitepaper that describes the Flare, in collaboration with the Lightning Network team. The paper publicized specifications for a successful algorithm and encouraged the academic progress. The ACINQ’s team tested the algorithm with 2,500 AWS nodes, by using the specifications in the whitepaper and coding a payment routing algorithm.

“This success exemplifies why The Bitfury Group is committed to research and to supporting the implementation of Lightning Network. Our dedicated engineers, as well as our fellow blockchain companies, are committed to the success of Lightning. This test of Flare, with small modifications made by the ACINQ team, shows that our solution is not only theoretically feasible but successful. We are now one step closer to bringing the Lighting Network into reality and solving the scalability issue of the Bitcoin Blockchain,” Valery Vavilov, CEO of The Bitfury Group said.

The Lightning Network is an overlay solution that enables micropayments and increased transaction process on the blockchain. The algorithm has a design goal in order to ensure that routes can be found as quickly as possible for the Lightning Network while minimizing the amount of data stored on devices and maintaining decentralization.

After the tests by ACINQ’s team, they discovered that Flare algorithm found a payment route in about .5 seconds with a probability of 80 percent.

“Bitfury’s Flare is so far the most advanced proposal on routing, which is one of the major remaining challenges for the Lightning Network. We used this algorithm in Eclair because we wanted to go beyond simulations, and see how well it would perform in a real deployment. We are happy with the results, and see this test as a promising first step in the development of a scalable routing framework for the Lightning Network,” Pierre-Marie Padiou, CEO of ACINQ said.

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