RATE Group | Bitcoin Scaling Layer Lightning Network “Works Like a Charm”, Says Bitfinex CTO
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Bitcoin Scaling Layer Lightning Network “Works Like a Charm”, Says Bitfinex CTO

09 Dec Bitcoin Scaling Layer Lightning Network “Works Like a Charm”, Says Bitfinex CTO

Posted at 20:16h in Bitcoin News by

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The first week of Lightning Network support at cryptocurrency exchange Bitfinex, has seen more than 800 transactions make use the Bitcoin payments layer. The company’s Chief Technical Officer Paolo Ardoino says customers have deposited more than seven Bitcoin (~$52,000) to the exchange since it added Lightning payments.

Despite recent Lightning Network vulnerabilities, it appears to be serving the crypto exchange well. Ardoino says “it works like a charm!”

“BAM!”: More than Seven Bitcoin Arrive at Bitfinex via Lightning Network

Last week, Bitfinex became the first major crypto asset trading venue to offer Bitcoin deposits via the Lightning Network. The firm’s Chief Technical Officer Paolo Ardoino announced the integration via Twitter:

The integration of Lightning…

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