Bitrefill, a bitcoin gift card marketplace, announced today that in collaboration with Bitcoin technology company ACINQ, they have opened the first 1 BTC public channel on the Lightning Network using ACINQ’s Eclair implementation.

This is a customization of the current specification that removes the 0.16777216 BTC channel limit. The Bitrefill team has tested the channel and already transacted across it.

In the near future, Bitrefill plans to leverage this capability to raise the payment limits for people shopping at Bitrefill.com and bring increased liquidity to other aspects of the network and its Thor products.

View the 1 BTC lightning channel at https://1ml.com/channel/635796996973068288.