Twitter or BlueSky May Integrate Lightning Network

by in Cryptocurrency News

Jack Dorsey Lightning Network

Businessman Jack Dorsey said he sees a possibility to include Bitcoin's Layer 2 solution Lightning Network into one of the media platforms led by him.

Related: Jack Dorsey Says Square Aims to Launch a BTC Hardware Wallet

When Dorsey posted about sphinx_chat, a forum where people can talk about lightning, a user named @deyonte, suggested Lightning Network's inclusion into Twitter or BlueSky. Dorsey answered it's only a time question.

Although the answer is unclear, and without any details there is a possibility of integration.

LN allows off-chain transactions. Its mission is to accelerate transaction implementation and reduce the associated prices of Bitcoin’s blockchain.

Jack Dorsey is a huge supporter of BTC and crypto. Square Cash App allows activities with BTC. In June, Square announced it considers introducing a hardware BTC wallet.

Besides, it is collaborating with Cryptography and blockchain technology firm Blockstream to offer solar-based BTC mining.

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Meanwhile, the bearish trend continues for most cryptocurrencies. Presently, BTC trades at around $35.500 with a market cap of over $666.5 B. The entire market cap stands at around $1.51 trillion.