NetworkNewsBreaks – LQwD FinTech Corp. (TSX.V: L
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Posted On: 06/03/2022 7:46:49 PM
NetworkNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Scaling Lightning Network, Making Bitcoin Transactions Possible
LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF) is leveraging the Lightning Network to improve transaction times and lower fees as part of its mission to drive Bitcoin adoption. This comes as Bitcoin continues to gain more acceptance around the world, with stories from countries that would not normally be considered a “hotbed” for cryptocurrencies showing that areas with lower levels of Bitcoin popularity can prosper through its use. “LQwD launched its Lightning Network platform-as-a-service (‘PaaS’) protocol in November 2021, at the same time as its first node on the network, US-West. Since then, the company launched nine additional nodes for a total of 10 that are currently active on the Lightning Network: France, England, Sweden, Singapore, Italy, Indonesia, Germany, Ireland, the U.S., and, most recently, India. Altogether, LQwD already has a capacity of over 10 BTC and is growing consistently,” a recent article reads. “Since the launch of its PaaS system – https://lqwd.tech/ – the company has focused on scaling the Lightning Network and making Bitcoin transactions possible on a global level with lower fees and faster settlement times.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF) is leveraging the Lightning Network to improve transaction times and lower fees as part of its mission to drive Bitcoin adoption. This comes as Bitcoin continues to gain more acceptance around the world, with stories from countries that would not normally be considered a “hotbed” for cryptocurrencies showing that areas with lower levels of Bitcoin popularity can prosper through its use. “LQwD launched its Lightning Network platform-as-a-service (‘PaaS’) protocol in November 2021, at the same time as its first node on the network, US-West. Since then, the company launched nine additional nodes for a total of 10 that are currently active on the Lightning Network: France, England, Sweden, Singapore, Italy, Indonesia, Germany, Ireland, the U.S., and, most recently, India. Altogether, LQwD already has a capacity of over 10 BTC and is growing consistently,” a recent article reads. “Since the launch of its PaaS system – https://lqwd.tech/ – the company has focused on scaling the Lightning Network and making Bitcoin transactions possible on a global level with lower fees and faster settlement times.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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