CashApp adds support for Bitcoin Lightning Network

CashApp adds support for Bitcoin Lightning Network

There is a limit of $999 every seven days for BTC transactions on the Lightning Network. According to a new page added to its support section on Oct. 25, Cash App — a mobile phone payment processing app created by Block Inc. — has added support for transactions via the Bitcoin Lightning Network. The new feature allows Cash App users to send and receive Bitcoin (BTC) on the faster, more efficient layer-2 protocol. Lightning is ideal for small transactions, with near-instant processing times, compared with the minutes to hours required on the Bitcoin blockchain. Cash App had already....


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