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0 sats \ 3 replies \ @cryptocoin 31 Mar 2022 \ parent \ on: Kraken Integrates Lightning Network Deposits & Withdrawals bitcoin
This is essentially the first of the large exchanges where LN revenues can be swept into fiat, without significant fees.
Bitfinex has had LN support for a long time, but they don't operate in the U.S., for one, and not on the bank networks like Kraken is.
As an example, here's Kraken getting closer to joining the major leagues:
Kraken Hits Key Milestone in Quest to Gain Fed Account, Equal Treatment With Traditional Banks | CoinDesk #16562 https://www.coindesk.com/policy/2022/03/26/kraken-hits-key-milestone-in-quest-to-gain-fed-account-equal-treatment-with-traditional-banks
(BitStamp has had consumer-grade LN support, where you could deposit and withdraw to some 3rd party wallet (Zebedee) using your account username / "gamertag"), but Kraken's LN support is full deposit / withdraw, using LN invoices.)
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1 sat \ 2 replies \ @cryptocoin 1 Apr 2022
Yesterday Kraken's Lightning node had 32 BTC of public capacity. Today it has 42 BTC.
Only 19 Lightning nodes in the world have more public capacity, and only 78 have more active channels.
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https://pbs.twimg.com/media/FPMm70GXEAQq-Fv?format=jpg
[Larger image]
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1 sat \ 1 reply \ @cryptocoin 2 Apr 2022
Kraken's is now the fastest growing LN node on the network!
Kraken has the fastest growing node on the Lightning network #17597 https://amboss.space/c/Kraken
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0 sats \ 0 replies \ @cryptocoin 6 Apr 2022
Awesome, and now BitPay has added LN support!
BitPay Merchants to Get a Boost From Lightning Network Payment Integration #18435 https://www.coindesk.com/business/2022/04/06/bitpay-merchants-to-get-a-boost-from-lightning-network-payment-integration
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