Lightning Labs Announces A New Authentication Protocol LSAT

Priyanka Kulkarni
Priyanka Kulkarni, post-graduated in Business Administration holds worthy experience in market research and investment banking. She is passionate to flaunt her perception towards cryptocurrencies.
  • Lightning Labs has announced a new authentication protocol, the Lightning Service Authentication Tokens (LSAT) protocol.
  • The LSAT protocol will offer users a receipt or each purchase they perform on Lightning Network.
  • The LSAT protocol will allow metered APIs that will enable users to pay on an ongoing basis instead of paying for the subscription at the commencement.

Lightning Labs has announced a new authentication protocol, the Lightning Service Authentication Tokens (LSAT) protocol.  LSAT is a new protocol standard for verification and paid APIs build by Lightning Labs which leverages widely underused HTTP 402 status code.

Paid APIs on Lightning Network

This new platform will allow businesses to offer paid APIs on Lightning Network. As of now, the users have to enter their personal information like email addresses and credit card details to make payments and access services on the web.

The LSAT protocol will offer users a receipt or each purchase they perform on Lightning Network. Olaoluwa Osuntokun, the CTO at Lightning Labs stated that users can utilize the receipt for future verification of the same service.

Osuntokun said an LSAT is a ticket over Lightning for a particular service or resource. LSAT brings authorizations that are cryptographically provable as compared to regular cookies.

LSAT offers privacy to the end-user

This means the no need to use the traditional login method or provide credit card information by the users when they pursue services like computing, raw disk space and also, file hosting. Osuntokun finds it as smooth experience and offers privacy to the end-user as the server is unaware of the payment proceeded for the token.

The LSAT protocol will allow metered APIs that will enable users to pay on an ongoing basis instead of paying for the subscription at the commencement. However, a wide range of use-cases like metered video streaming services would be enabled by this protocol.

Lightning Labs is also releasing Aperture, which is a reverse proxy of LSAT. Per now, Aperture supports minting for selected services that include REST and gRPC calls’ proxying request and will update more features in coming future.

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