# Lightning Labs > Building faster, cheaper, global layer-two bitcoin Lightning Labs is a software company that builds infrastructure for the Bitcoin Lightning Network. It develops tools for faster, cheaper payments and non-custodial financial services on Bitcoin. Lightning Labs is a software company that builds infrastructure for the Bitcoin Lightning Network, a payment layer built on top of the Bitcoin blockchain. It develops open source systems that let users send and receive bitcoin quickly and at low cost, while offering a set of non-custodial financial services built on top of that payment layer. Its work targets node operators, wallet developers, and businesses seeking to integrate Lightning-based payments into their applications. The company addresses the scalability limits of settling every bitcoin transaction directly onchain by routing payments through a network of bidirectional payment channels. Its core software implements the node software that powers much of the Lightning Network and provides supporting tools for channel liquidity management, asset issuance, and privacy-preserving transaction verification. These tools are designed to lower the technical barrier to running reliable, high-volume Lightning infrastructure. Its product lineup centers on a Lightning node implementation, alongside a node management interface called Lightning Terminal and a Taproot-based protocol for issuing assets that can move over the Lightning Network. Additional tools support automated liquidity management between channels. The company's software is used by node operators, wallet providers, and developers building bitcoin-based payment and asset applications. - Type: Company - Sector: Infrastructure - Status: Active - Founded: 2016-05-01 - Profile: https://thegrid.id/profiles/lightning_labs ## Products - [Lightning Network Daemon](https://thegrid.id/profiles/lightning_labs): LND is a node software for sending and receiving Bitcoin over the Lightning Network. It helps users manage payment channels through a lightweight and scalable setup. (Node Software, Live) - [Lightning Pool](https://thegrid.id/profiles/lightning_labs): Lightning Pool facilitates a marketplace for leasing Lightning channel liquidity by aggregating offers and demands through auctions. (Pool Software, Live) - [Taproot Assets](https://thegrid.id/profiles/lightning_labs): Taproot Assets allows issuing and transferring tokenized assets on Bitcoin, using Taproot for scalability and compatibility. (Developer Tooling, Live) - [Loop](https://thegrid.id/profiles/lightning_labs): Loop enables users to move Bitcoin between on-chain and off-chain (Lightning) for better liquidity and payment flow. (Cross-chain Infrastructure, Live) - [Lightning Network](https://thegrid.id/profiles/lightning_labs): The Lightning Network is a peer-to-peer payment network. It leverages payment channels anchored on the Bitcoin blockchain to enable near instant and low-cost settlement of bitcoin between participants. Multiple such payment channels are chained together to deliver payments to anyone in the network without requiring trust in participants. (L2, Live, Main Product) ## Links - [Main](https://lightning.engineering) - [Blog](https://lightning.engineering/blog) - [Documentation](https://docs.lightning.engineering) - [Twitter / X](https://x.com/lightning) - [GitHub](https://github.com/lightningnetwork/lnd) - [Substack](https://lightninglabs.substack.com) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. 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