Categories: BitcoinNews

BitFury announces tools to drive Bitcoin [BTC] Lightning adoption

BitFury, one of the largest blockchain development and servicing firm in the world, has announced a suite of new tools for merchants and developers to push lightning network adoption.

Most of the tools are currently in development, but a few them have already been released. Some of them include an open source lightning wallet, developer tools to develop payment processing app and a public lightning network known as “Peach”.

“The product bundle is designed to make using the lightning network “easier for vendors and consumers to use,” Bitfury said in an article by Coindesk.

Lightning Peach has already received their first client, cryptocurrency exchange – BTCBIT. BitFury is helping the exchange set up a Lightning-enabled cryptocurrency trading.

“We have been working to bring Lightning Network payments to BTCBIT ‑ an integration that will help more people use bitcoin in their everyday lives in a faster and more convenient way.”, writes BitFury from a medium post.

According to Coindesk, BitFury secured $80 million in funding in November 2018. BitFury is very popular among the cryptocurrency hardware scene, with their “Clarke” ASIC being their most popular product.


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Ishan Garg

Ishan is a cryptocurrency trader and a journalist. He joined the cryptocurrency space in 2017. He is the founder of Blockmanity. He is a HODLER and is holding BTC, ETH & UGT.

Share
Published by
Ishan Garg

Recent Posts

Alibaba and JPMorgan to Revolutionize B2B Commerce with Tokenized Dollar and Euro Payments

A New Era for Global Trade: Alibaba Taps JPMorgan's Blockchain Global commerce has long been…

3 days ago

Vitalik Buterin’s Warning: Why Your Favorite Web3 App Isn’t Real Crypto

The Promise of Web3 Meets a Centralized Reality Web3 was built on a revolutionary promise:…

3 days ago

Bitcoin Dips Below $95K: Is the Bull Market Over or a Brief Reset?

Bitcoin's Sudden Plunge Shakes the Crypto Market The cryptocurrency market is awash in red after…

3 days ago

Bullish Signals for Sui Blockchain: Top SUI meme projects of 2024

Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…

1 year ago

AI Companions: A New Era of Digital Relationships and Virtual Experiences

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…

1 year ago

zkCross Network: Simplifying DeFi Complexity and Achieving Fundraising Success

Did you know that 85% of DeFi value is concentrated in six blockchains?  DeFi is…

1 year ago