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ACINQ

ACINQ is one of the main developers and operators of the Lightning Network, that settled on a combination of AWS Nitro Enclaves (an Isolated Compute Environment) and Ledger Nano (a signing device with a trusted display). This setup offers the best trade-off between security, flexibility, performance, and operational complexity for running a professional Lightning node.

What is ACINQ?

ACINQ is a French company founded in 2014, specializing in Bitcoin scalability solutions. They are a leading developer of the Lightning Network, aiming to enhance Bitcoin's transaction throughput to levels comparable with traditional payment systems like VISA.

How Does ACINQ Work?

ACINQ develops and operates infrastructure for the Bitcoin Lightning Network, including Eclair, a Scala-based implementation of the Lightning protocol. They also offer products like the Phoenix Wallet, a self-custodial Bitcoin wallet with native Lightning support, and the Strike API for businesses to integrate Lightning payments.

What Makes ACINQ Unique?

ACINQ's unique contributions include developing Eclair, one of the main Lightning Network implementations, and operating one of the largest and best-connected nodes on the network, acting as a major liquidity provider. Their products, such as the Phoenix Wallet, simplify user experience by managing Lightning channels automatically.

Who Are the Founders of ACINQ?

ACINQ was founded by Pierre-Marie Padiou and Fabrice Drouin. Pierre-Marie Padiou serves as the CEO, and Fabrice Drouin is the CTO. Both have extensive experience in Bitcoin and blockchain technologies.

Latest News

What Key Events Have There Been for ACINQ?

In October 2019, ACINQ raised $8 million in a Series A funding round led by Idinvest Partners, with participation from Bpifrance and Serena. This funding aimed to expand their team and continue improving the Lightning protocol.

Project Announcements

In December 2019, ACINQ introduced Phoenix, a second-generation mobile Lightning wallet for Bitcoin, designed to provide a seamless user experience with native Lightning support.

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.