Bitcoin, once considered a strange couple has become mainstream. intriguing forays In the crypto industry over the past 12 months. Cake Wallet integrating Lightning into its wallet is a surprising yet exciting decision that continues the integration trend for Bitcoin. Cake’s goal is to help make Bitcoin more accessible for daily use by its users.
It is not a post published yesterdayBreez CEO Roy Sheinfield stresses the importance of the “massive opportunity” This creates
“Introducing Lightning to the broader world of crypto will help more users interface with Bitcoin, and Lightning is the tech that can put the currency into “cryptocurrency.” Bringing crypto and Lightning together is an inevitable step on the way to mainstreaming Bitcoin”.
The collaboration between the two will be a success. Breez’s open-source SDKIt includes Blockstream’s Greenlight Cake Wallet’s functionality is significantly enhanced by the node service embedded within it. Breez SDK makes it easy to integrate Lightning into apps. This allows for cheaper and faster Bitcoin transactions.
Vik Sharma (CEO of Cake Wallet) shared his views on the integration. “We’re thrilled to partner with Breez to bring Lightning payments to our users. This upgrade means faster, cheaper Bitcoin transactions without compromising on privacy and security.”
Roy Sheinfeld added that Breez co-founder, and CEO. “Bitcoin is the internet’s native currency, and our goal at Breez is to make it as accessible and easy to use as possible. Partnering with Cake Wallet is a big step in that direction, opening up Lightning payments to hundreds of thousands of users.”
Breez SDK integration with Lightning aligns well with Breez mission of making Bitcoin easier to use and more practical in everyday transactions. Breez’s integration technology is not only seamless, it ensures that users retain control over their money. This non-custodial system emphasizes security and privacy.
Breez SDK offers a variety of features, including sending and receiving payment, swaps and BOLT 11 Payments. It also supports the open-LSP Model, allowing apps to select and switch Lightning Service Providers as required. The SDK’s flexibility means that users are not locked into one service provider by integrating it. This promotes an open, adaptable and flexible ecosystem.
Cake Wallet recently released a new product, the Cake Wallet Wallet. silent paymentsBitcoin’s new privacy features are impressive.
The public release date of Lightning enabled Cake Wallet in July 2024 is expected to be a great opportunity for those who are eager to test it. This feature is designed to improve the efficiency of Bitcoin transactions for all users.
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Source: bitcoinmagazine.com