The Cash App offers Bitcoin transactions over the Lightning Network

The payment processing app created by Block Inc, Cash App, has now added support for Bitcoin transactions allowing users to send and receive Bitcoin over the Lightning Network.

After integrating with the Lightning Network in February to allow users to make payments using Bitcoin, Cash App has now added support for transactions over the Bitcoin Lightning Network.

The accelerator network is a layer 2 solution network built on top of Bitcoin for optimization Scalability Enabling instant payments across a network of participants.

Product Lead Michael Al-Rihani at the beginning open This announcement was made when he posted a post about it on Twitter. he He added“Cash App now supports both sending and receiving via Lightning. As well as the other wallet Supports LN, you should be good.

According to Michael Rihani, this new feature is currently only available to Cash App users in the United States. Additionally, this feature is excluded for New York State residents, who will not be permitted to use this service.

When some users commented on Michael's announcement of the feature on Twitter, they pointed out that it did not work. Michael confirmed that the feature is available for both Android and iOS users, and they must either install or update to the latest version of the app.

CashApp started out as one of the first mainstream payment apps to support Bitcoin back in 2018. “We believe Bitcoin is the best sound digital currency in the world,” He said Miles Sutter, Cryptocurrency Product Lead at CashApp. “We believe Bitcoin is for the people, and America's Cash App is the people's financial app.”

In addition to Cash App's support for the Bitcoin Lightning network, the layer 2 solution itself has seen good growth over the years. As Blockchain.News reported earlier this month, Lightning has now been reworked It exceeded the 5000 BTC standardrepresenting an increase of an additional 2,000 bitcoins in just one year.

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