Payment processing app created by Block Inc, Cash App, has now added support for Bitcoin transactions enabling users to both send and receive Bitcoin via the lightning network.
After its integration with the lightning network in February to allow users to make payments using Bitcoin, Cash App has now added support for transactions via the Bitcoin Lightning Network.
The Lightning Network is a layer-2 solution network built on top of Bitcoin to improve its scalability and enable instant payments across a network of participants.
The Product Lead Michael Rihani initially revealed this announcement when he made a post about it on Twitter. He added, “Cash App now supports both send and receive over lightning. As long as the other wallet supports LN, you should be good.”
According to Michael Rihani, this new feature is only currently available to Cash App users in the United States. In addition, the feature is excluded for residents…
