Lens1000
VIP Contributor
According to user reports, mobile payment operator Cash App has incorporated a layer-2 payment protocol Lightning Network to allow customers transact using bitcoin.
According to screenshots, the Lightning Network function may be used as "the fastest, free way to pay anyone in bitcoin," and it was rolled out to a small number of people.
It was unclear at the time of publication how users were chosen or how many had acquired the new feature.
Cash App did not respond to Blockworks' request for an instant reply. However, Jack Dorsey, the co-founder and CEO of Block, the company that created Cash App, has been acknowledging and like tweets from Cash App customers who have posted photos of their Lightning Network transactions on the app to Twitter.
The Lightning Network is a group of people who work together to
Lightning Network is a decentralized network that runs on top of blockchain-based cryptocurrencies like bitcoin and employs smart contracts. According to the network's website, participants can instantaneously send, receive, or transact money without having to create an on-blockchain transaction for each payment.
Dorsey has recently become a vocal proponent of cryptocurrency, claiming that bitcoin would eventually supplant the US dollar. He's also said that bitcoin will "unify a severely divided society" on Twitter.
According to screenshots, the Lightning Network function may be used as "the fastest, free way to pay anyone in bitcoin," and it was rolled out to a small number of people.
It was unclear at the time of publication how users were chosen or how many had acquired the new feature.
Cash App did not respond to Blockworks' request for an instant reply. However, Jack Dorsey, the co-founder and CEO of Block, the company that created Cash App, has been acknowledging and like tweets from Cash App customers who have posted photos of their Lightning Network transactions on the app to Twitter.
The Lightning Network is a group of people who work together to
Lightning Network is a decentralized network that runs on top of blockchain-based cryptocurrencies like bitcoin and employs smart contracts. According to the network's website, participants can instantaneously send, receive, or transact money without having to create an on-blockchain transaction for each payment.
Dorsey has recently become a vocal proponent of cryptocurrency, claiming that bitcoin would eventually supplant the US dollar. He's also said that bitcoin will "unify a severely divided society" on Twitter.
