Bitcoin Lightning Network Strikes Binance: Integration Completed
In a groundbreaking announcement, Binance, the world’s largest crypto exchange, has successfully completed the integration of the Bitcoin Lightning Network. In a blog post published on Monday, July 17, the exchange announced that deposits and withdrawals for Bitcoin (BTC) are now open on the Lightning Network. This integration marks a significant milestone for the industry […]
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The Lightning Network implementation may be against business plans of some crypto exchanges, or simply not a priority for others, several community members suggested. The Bitcoin Lightning Network integration started to take off among the cryptocurrency exchanges worldwide. However, some of the world’s largest crypto trading platforms seemingly are not in the hurry to integrate the protocol.Last week, Robinhood crypto trading app became the latest major industry player to announce the Lightning integration, following in the footsteps of BitPay and the Kraken crypto exchange.As the main....
The rise of The Lightning Network is one of the most important stories of the year. On its back, El Salvador could adopt Bitcoin as legal tender. Bitcoin Beach’s implementation of The Lightning Network served as a use case that showed that it could be relied on. And then, a whole country uses it daily. […]
Global cryptocurrency exchange Kraken will integrate Lightning Network functionality to improve bitcoin deposit and withdrawal efficiency. The post Kraken Announces Lightning Integration appeared first on Bitcoin Magazine.
Developers can now test an early version of bitcoin's much-hyped Lightning Network. Released by one of the most prominent startups working on the open-source micropayments protocol (San Francisco-based Lightning Labs), the daemon runs on the bitcoin testnet, so it's not exactly for average users yet. Rather, the aim is for developers to get their feet wet testing the off-chain transactions, long heralded as one of the best ways to rapidly scale the network, (and it looks like some have already started). Speaking to CoinDesk today, the Lightning Labs team called the release the “most....
On July 16, Binance announced that it had integrated the layer-2 protocol Bitcoin Lightning Network into its platform, and users could use it to make deposits and withdrawals. And now, less than two months after this development, the platform has recorded a significant milestone with the protocol. Binance Node Growing Rapidly According to data from […]