1 year ago
The quality comes little than a period aft Binance announced their plans to integrate Bit Lightning Network.
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Cryptocurrency speech Binance has announced it has successfully integrated Bitcoin (BTC) connected the Lightning Network, enabling the usage of the layer-2 scaling solution for Bitcoin withdrawals and deposits.
Binance confirmed the quality successful a July 17 blog post, wherever they explained that Binance users tin present entree their BTC deposit code connected the Lightning Network.
— Binance (@binance) July 17, 2023Binance archetypal hinted astatine the integration of the Lightning Network successful May aft it had to temporarily intermission BTC withdrawals owed to a wide of pending transactions caused by the surge of Ordinals inscriptions.
Binance aboriginal confirmed it is moving to onboard the Lightning Network connected June 20 soon aft users spotted Binance's ain Lightning nodes.
Related: What is the Bitcoin Lightning Network, and however does it work?
The Lightning Network aims to marque Bitcoin transactions faster and cheaper by allowing users to make off-chain transaction channels.
— crypto (@positivebitcoin) July 17, 2023Magazine: Bitcoin 2023 successful Miami comes to grips with ‘shitcoins connected Bitcoin’
This is simply a processing story, and further accusation volition beryllium added arsenic it becomes available.
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