Jack Dorsey’s Cash App Integrates Bitcoin’s Lightning Network
Cash App users can now send instant bitcoin payments worldwide for free.Cash App has integrated the Lightning Network.All users can now instantly send bitcoin across the world.Spiral’s Lightning Development Kit is empowering Cash App’s integration.Users of Block’s mobile payments platform Cash App can now make instant and free bitcoin payments through the Lightning Network, the company tweeted on Monday.The integration of Bitcoin’s second-layer protocol for faster and cheaper transactions was made possible by the Lightning Development Kit, an open-source project developed by another....
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The Lightning Development Kit is Spiral BTC’s latest offering to the community. And to the world. The LDK is “The simplest way to integrate Lightning into your Bitcoin wallet.” It’s free to use and it contains building blocks that anyone can merge with their product or application. The big news, however, is Jack Dorsey’s puppet. The company released this video to promote the Lightning Development Kit’s release. Is it hilarious or cringe? Opinions vary. One thing’s for sure, however, it captured the masses’ attention and got eyeballs on the Lightning Development Kit project. So, it....
The layer-two protocol addresses the historic limitations of Bitcoin to improve speeds while reducing transaction fees. Popular mobile payments service Cash App has integrated the Bitcoin Lightning Network as a part of an update, allowing faster and cheaper Bitcoin (BTC) transfers using the layer-two (L2) payments protocol. Cash App is developed and owned by Block (formerly Square), a fintech firm co-founded by former Twitter CEO Jack Dorsey. The announcement of the Bitcoin L2 integration was shared as a notification on the official Cash App application, which made its way to Crypto....
A puppet of Jack Dorsey has been used to explain the Lightning Network in a new video promoting Spiral’s LDK. The crypto arm of the recently rebranded Square (now Block) has demonstrated its Lightning Development Kit (LDK) as it aims to turbocharge the Bitcoin network. The team from Jack Dorsey’s Spiral published a video on Dec. 7 showcasing the capabilities of Bitcoin Lightning and the Lightning Development Kit (LDK).LDK has been designed to allow developers to seamlessly plug their applications into the network on mobile devices and Point of Sale terminals. LDK supports native APIs using....
Earlier this month, Dorsey revealed that Square intends to develop an open-source non-custodial Bitcoin hardware wallet. Jack Dorsey, the co-founder of social media network Twitter and financial services company Square, has confirmed he is planning to integrate Bitcoin’s Lightning Network sidechain with at least one of his businesses.On June 11, Dorsey responded to a question from Twitter user “deyonté,” who had requested that Dorsey integrate the Lightning Network into Twitter or BlueSky — the decentralized social network Twitter has devoted manpower to developing since 2019.In response,....
Kraken customers can now instantly deposit and withdraw bitcoin with nearly no fees through the Lightning Network.