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.


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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.

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Ishan Garg

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