Many prominent personalities and Bitcoin enthusiasts have recently proposed Elon Musk to take keep the fire going for the ongoing Lightning Torch experiment. Musk has yet to respond.
As a part of the integration, Dorsey and the team behind the app are considering enabling users to auto-buy Bitcoin with savings from Cash App’s boost feature.
At the new capacity, Lightning Network can handle nearly $2 million worth of BTC in payment channels.
The scalability solution used for Bitcoin has finally got TOR support, an optimized mechanism for smartphones and a full-fledged wallet.
The new Eltoo proposal helps to significantly reduce the amount of data to be stored and in addition providing a safety net for user’s cryptocurrency holdings.
Lightning Labs continues its way of changing the crypto ecosystem, offering more advanced, faster and cheaper transactions than blockchain does.