Bitcoin News: Zu to Integrate Lightning Network
Zurich, Switzerland – 2023-06-21 – Zu, a leading Swiss payments company, has announced that it will integrate the Lightning Network into its platform. This move will allow Zu’s users to send and receive Bitcoin payments instantly and at near-zero cost.
The Lightning Network is a second-layer protocol built on top of the Bitcoin blockchain. It allows users to open payment channels with each other, enabling off-chain transactions that are processed much faster and cheaper than traditional on-chain transactions.
Zu’s integration of the Lightning Network is a significant step forward for the company and its customers. It will make Bitcoin payments more accessible and convenient for everyday use.
“We are excited to bring the Lightning Network to our users,” said Adrian Steiger, CEO of Zu. “This integration will make Bitcoin payments faster, cheaper, and more convenient than ever before.”
Zu’s platform is used by businesses and consumers alike to send and receive payments. The company’s integration of the Lightning Network is expected to benefit both types of users.
Businesses will be able to accept Bitcoin payments more easily and quickly, which will help them to reach a wider audience of customers. Consumers will be able to make Bitcoin payments without having to worry about high fees or long processing times.
Zu’s integration of the Lightning Network is part of the company’s broader commitment to innovation. The company is constantly exploring new ways to make Bitcoin payments more accessible and convenient.
About Zu
Zu is a leading Swiss payments company that provides businesses and consumers with a fast, secure, and easy way to send and receive payments. The company’s platform supports a variety of payment methods, including Bitcoin, Ethereum, and traditional fiat currencies. Zu is headquartered in Zurich, Switzerland.
About the Lightning Network
The Lightning Network is a second-layer protocol built on top of the Bitcoin blockchain. It allows users to open payment channels with each other, enabling off-chain transactions that are processed much faster and cheaper than traditional on-chain transactions. The Lightning Network is still in its early stages of development, but it has the potential to revolutionize the way Bitcoin is used.
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