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Jack Dorsey Says Cash App Support for Lightning Network a Question of ‘When, Not If’


Twitter and Square CEO Jack Dorsey said that rolling out the Lightning Network on Square’s Cash App is a question of “when, not if.”

Twitter co-founder and CEO Jack Dorsey — also the founder and CEO of United States-based Bitcoin (BTC)-supporting payments service Square — said that rolling out the Lightning Network on Square’s Cash App is a question of “when, not if.” Dorsey made his remarks during an interview alongside Elizabeth Stark, co-founder of Lightning Labs, on the Stephen Livera podcast Feb. 11.

The Lightning Network (LN) is a second-layer solution to Bitcoin’s scalability limitations, which works by opening payment channels between users that keep the majority of transactions off-chain.

In response to a question regarding possible LN support on the popular Cash App — which became the number one downloaded finance app on Google Play this December — Dorsey said:

“We have a massive seller…



Read Full Story : Cointelegraph.com News

2019-02-11 19:42:00

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