NEWS ITEM DETAILS

Zebpay integrates Bitcoin lightning payments



Indian crypto exchange Zebpay platform are now able to harness the power of the Lightning Network on Bitcoin BTC,The company says the user experience is very simple, as Zebpay is handling all the behind-the-scenes intricacies of using the Lightning Network.

However, there are some limitations to Zebpay’s new Lightning Network service.The minimum transaction size is 1 satoshi, which is the smallest unit of Bitcoin (0.00000001 BTC). Zebpay charges no fees for the transactions, and each user can make up to 10 Lightning transactions per day via the service.

Zebpay CEO Ajeet Khurana says "“Making Bitcoin technology widely accessible is a key component of our roadmap. Today, with the integration of the Lightning Network, we have taken yet another step in this direction.”

The Lightning Network is a layer 2 scaling technology for Bitcoin and other cryptocurrencies. While the technology is still in a mostly experimental stage, it can already be used to make near-instant Bitcoin payments.

As for Zebpay, it is encouraging to see the company making innovative moves despite the major setbacks experienced by the company in India, where it was originally based from.
Posted On: Mar 30, 2019

  Everything Need To Know About Bittorrent Coin !!!
  BNB price may get better!!!
  Amway bet big on Ayurveda!!!
  Wazirx aims 10 millions customers!!!
  Tupperware launches new store in Hyderabad
  Coinsbit Launches in India
  Coinbase set to open office in india
  The Oswal Group diversifies into direct selling industry
  Direct selling brands and Indian Consumers
  Twitter’s Dorsey starting Bitcoin Trust to promote in India!!
Prev   Next