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5 sats \ 0 replies \ @cryptocoin 6 Apr 2022 \ parent \ on: BitPay Merchants to Get a Boost From Lightning Network Payment Integration bitcoin
This benefits BitPay, of course, but with the network effect starting to roll, this helps all of the bitcoin ecosystem, as now there's another destination for a bitcoiner to spend, directly using Lightning network, and these LN payments will not consume on-chain transaction space in the bitcoin blockchain. This is a win-win!
There's been a lot of LN activity! Last week Kraken, the first major global U.S.-based exchange, announced they have added LN support for deposits and withdrawals:
Kraken Integrates Lightning Network Deposits & Withdrawals
#17200
https://bitcoinmagazine.com/business/kraken-exchange-integrates-bitcoins-lightning-network