The popular bitcoin exchange company Kraken today announced new investments and upcoming features designed to bring the benefits of the Bitcoin Lightning Network to its global exchange.
Building on Bitcoin’s blockchain technology, the Lightning Network is designed to help the world’s largest cryptocurrency scale process millions of transactions per second. Lightning enables trades to be completed at a lower cost and with a higher speed.
“In 2021, we are committed to hiring a team to focus specifically on the Lightning Network, as part of our ongoing effort to provide the best possible experience for traders and investors. We expect to allow clients to withdraw and deposit Bitcoin on Lightning in the first half of 2021, which will allow clients to move their Bitcoin immediately and with the lowest fees. “
– Team Kraken
The Kraken team is asking the community to be part of the integration. In particular, the company is looking for those talented in front-end or UX design, and those with experience in open source Lightning protocol development.