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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It’s official! CashApp integrated Lightning Network payments to most of their customers in the USA. This might prove to be monumental for the Bitcoin network. The rumor has been circulating for months, but, the wait is finally over. “Lightning Network is now available on Cash App. It’s the fastest, free way to pay anyone in […]
Cash App mentions that the Lightning Network feature is not available to users located in New York. Mobile payment service Cash App revealed that Lightning Network can now be used to transfer Bitcoin (BTC) through its app. With the new feature, its users can send their BTC to any Lightning or on-chain BTC address.Lightning Network is now available on Cash App. It's the fastest, free way to pay anyone in bitcoin. Buy tacos, tip your favorite Twitter comedian, or send a friend money abroad—anywhere that accepts lightning. pic.twitter.com/65TXSJ6yL6— Cash App (@CashApp) February 7,....
With VBT's integration, the Lightning Network now has support from half a dozen Bitcoin exchanges.
Exchange support for Bitcoin's Lightning Network is growing as U.K.-based CoinCorner's integration of the scaling solution goes live.
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 Vorobiova used Lightning to transfer $100 worth of Bitcoin from Miami, where it was then withdrawn from an ATM in the equivalent Polish currency — all within the space of three minutes.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....