HolyTransaction, a universal cryptocurrency wallet platform, recently announced that it has added support for bitcoin exchange (BTC) on the Lightning network, thus introducing the ability to deposit and withdraw. using the Lightning Network. Besides faster speed and lower fees, users will notice a new address format called invoice when they send or receive bitcoin through the Lightning Network.
Lightning Network brings three key benefits to HolyTransaction:
- Instant payments: With the use of smart contracts, security is considerably high, and since the stack is built on top of the Bitcoin network, no transaction confirmation is required.
- Scalability: The high-end transactions per second outperform any payment rail on the market today. In addition, pay-per-click becomes a reality as the need for financial custodians is eliminated.
- Lower cost: Since the Lightning Network does not directly interact with the legacy Bitcoin infrastructure itself, the Lightning Network enables near instant transactions with extremely low fees.
“Adopting Lightning Network will make HolyTransaction more attractive to users who want to send transactions with increased security at a much lower cost and super fast speed. HolyTransaction is happy to announce that Lightning Network has been integrated for both desktop and mobile app versions.
– The HolyTransaction team
Channel to HolyTransaction:
021744d86987a91958461117cd9e7c0e3160f7b86de11f5998018f4b4984a5c330@54.194.246.117: 9735
Lightning Network Node Links: