Enhancing Crypto Accessibility with Lightning Network Integration
Athena Bitcoin, the operator of a state-owned chain of crypto ATMs in El Salvador, is set to revolutionize its services by integrating the Lightning Network into 100 of its machines within the next few months. This strategic move, announced in a press release on Nov. 7, underscores Athena Bitcoin’s commitment to advancing financial infrastructure in the region. Collaborating with Genesis Coin, the company has paved the way for Lightning Network technology adoption across its network, starting with El Salvador and expanding throughout Latin America.
The Lightning Network, renowned for its layer-2 payment protocol, promises accelerated transaction processing and reduced fees, offering a seamless experience for users. Moreover, by minimizing transaction data recording on the main network, it enhances privacy and scalability. With only 3.7% of the world’s crypto ATMs currently supporting Lightning Network technology, this integration represents a significant step forward in enhancing accessibility and usability of cryptocurrency services.
Athena has not yet responded to Cointelegraph’s request for comment.
Read more. Original Source: Cointelegraph.com
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