Galoy
They areā¦
Backend setup #
- bitcoind reference node
- multiple lnd nodes that can be brought up and down
- multiple users transact on single channels, currently approximates to 1,000 users per channel
- medici + mongoose (schema-interface to mongodb) for logical accounting layer
Shared custody approach #
- shared on-chain custody
- minimised balances kept in channels
- working on proof of reserves
- working toward non-custodial Lightning
Frontend experience #
- GraphQL-driven UX