Lastbit Launches Two Lightning Payment Apps To Boost Adoption In Europe
With Lastbit Lite and Lastbit Cards, users can move instantly between bitcoin and euros via the Lightning Network. The post Lastbit Launches Two Lightning Payment Apps To Boost Adoption In Europe appeared first on Bitcoin Magazine.
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Bitcoin’s layer 2 scaling solution, the Lightning Network, has seen payment volume increase by over 400% as real adoption grows. A new report highlights how the Lightning Network has grown in popularity as a way of transferring digital assets quickly and efficiently around the globe. CNBC today told the story of Alena Vorobiova, a Ukrainian refugee currently seeking sanctuary in Poland. Vorobiova used Lightning to transfer $100 worth of Bitcoin from Miami, where it was then withdrawn from an ATM in the equivalent Polish currency — all within the space of three minutes. That’s the sort of....
Bitcoin has seen a surge in its main use case via the second layer payment solution Lightning Network. On the rise since the start of 2021, this application could silence its detractors as it gains more adoption in the coming months. Related Reading | 4 Reasons Why The Bitcoin Lightning Network Will Continue To Grow A […]
Bitcoin’s second layer payment protocol Lightning Network has been expanding unnoticed by most users. First proposed in 2015 and launched in 2018 as a beta, its adoption and capacity have accelerated during the past few months. The Lightning Network allows users to send fast and low-cost transactions via payment channels. Unlike the Bitcoin-based layer, lightning […]
Bitcoin Suisse, Switzerland’s biggest BTC broker, has now made Lightning Network technology available for its crypto payment system. Bitcoin Suisse will use the Lightning Network to make Bitcoin (BTC) transactions both cheaper and faster. It will be the first cryptocurrency payment processor in Switzerland to integrate the technology, according to a press release dated Tuesday.Armin Schmid, head of Bitcoin Suisse Pay, praised the decision, noting that Lightning transactions will play a significant role in scaling crypto apps and driving mass adoption.“Lightning transactions enable higher....
A Bitcoin Lightning payment request has been relayed through a geostationary satellite and then paid, in what appears to be the first public demonstration of a Lightning invoice transmitted “through actual space.” Bitcoin Lightning Blasts Into Space The experiment, carried out by the X user “Printer” (@Printer_Gobrrr), uplinked a Lightning invoice as an image to […]