Published
4 years ago on
January 22, 2020
- The Lightning Development Kit has just been introduced by Square Crypto.
- This is what their developers are working so hard on in order to bring the leading cryptocurrency to the very front.
- This kit introduction happens to come at the same time at the World Economic Forum in Davos, Switzerland.
The Lightning Development Kit has just been introduced by Square Crypto, the Bitcoin development arm of $29 billion fintech giant Square owner by Jack Dorsey. This is what their developers are working so hard on in order to bring the leading cryptocurrency to the very front when it comes to payments.
This kit introduction happens to come at the same time at the World Economic Forum in Davos, Switzerland which is set to be an exciting few days for the industry.
Square Crypto is focusing on Lightning! ⚡️ https://t.co/boOiAAlLwc
— jack 🌍🌏🌎 (@jack) January 22, 2020
The Lightning Network is getting further support from Square Crypto in an attempt to see mainstream adoption grow for bitcoin and the rest of the space. What Square Crypto seems to be going for here as an end goal is the end of cash as we know it. Digitalise payments are to be the future and we’re very close to seeing that happen, it seems Square to speed up that process.
As per CCN:
“What Dorsey’s crypto division plans to do is give developers greater flexibility with Bitcoin and Lightning technology that in a nutshell comes down to streamlining bitcoin wallets. If it works, and the number of bitcoin wallet addresses goes up, it would be a boon to the fundamentals surrounding bitcoin.”
It will be interesting to see how this out and where cash goes in the future. For more news on this and other crypto updates, keep it with CryptoDaily!
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