Express

Kraken Network Plans To Launch Lightning Network In 2021

Emily Mason

Summary: Kraken Exchange announced that in 2021 the company is committing to hiring a team to work on the Lightning Network, an upgrade building on Bitcoin's technology to process millions of transactions per second, at a lower cost and greater speed. The announcement added that the exchange expects to allow clients to withdraw and deposit Bitcoin on Lightning ...

Kraken Exchange announced that in 2021 the company is committing to hiring a team to work on the Lightning Network, an upgrade building on Bitcoin's technology to process millions of transactions per second, at a lower cost and greater speed.

The announcement added that the exchange expects to allow clients to withdraw and deposit Bitcoin on Lightning in the first half of 2021, which will allow clients to move their Bitcoin instantly and with the lowest fees. Kraken also hinted that new upgrades and features are in the works. 

By Emily Mason

Last Update:

Tags: ,,,,
Link: Kraken Network Plans To Launch Lightning Network In 2021   [Copy]
Next:

Related Articles

  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 9 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 13 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 16 days ago

    • You need to login to comment.