Square Releases Lightning LDK Network Development Kit! It allows any developer to easily create a portfolio.
International payments firm Square announced on December 1 that it would change its business name to Block, marking the end of blockchain. . Today (7), Square's cryptocurrency division Spiral also released a short video to show the public the capabilities of its new device, the Bitcoin Lightning LIGHTNING DEV KIT (LDK) Network Development Kit.
Spiral project leader Conor Okus said in the video: Powerful spreadsheets can easily integrate real-time Bitcoin payments into any application.
Spiral said he polled several wallets and developers over the past few years and found that he encountered a number of issues when adding the Lightning Network feature. Thus, LDK aims to remove barriers to Lightning Network apps, allowing developers to integrate their apps into mobile devices and point-of-sale.
Ldk promotes the api raw using rustproof c, fast, java, and iclin encoding messages. This allows the developer to edit bank wallet for users to choose from user. The person added to Jack in the film. Jack Dorsey shows using electrical network (ln) and show how ldk. Everybody created in the world to make it easier to make your wallet. Application.
Lightning Network Node crashes the data.
According to data from "BitcoinVisuals", the Lightning Network node is now the highest in history. Over the past three months, the total number of nodes has increased by approximately 23% and 3,534 new nodes have been added. According to data, Lightning Network Real-time Analytics Tool 1ML: Before Deadline The Lightning Network now has 31,400 nodes, with a network capacity of approximately 3,285 BTC and a value of $ 167 million.
Future improvements to the Lightning Network with the release of LDK will lead to greater improvements and greater ease of use!
Square12 / 10 changed its name to Block.
According to previous global financial data, the name change from Square to Block will begin on December 10. “Blocking is a new name, but our primary mission of sustaining the business remains the same,” said Jack Dorsey. primarily to facilitate market access.
Square was established in 2009 by Jack Dorsey and is famous for its Cash app. In the payments market, the pedigree has forced traditional payers such as Visa and Mastercard to comply.
The Money app has half of the users of the other major Venmo payments, but the revenue is double that of Venmo. Its value is estimated at over a billion dollars. Users can buy Bitcoin through the Cash app from 2018. In the first quarter of this year, the figure was reduced to $ 3.5 billion, $ 2.72 billion in the second quarter, and $ 1.81 billion. in the quarter, according to, but revenue still reached $ 42 million.
Square also invested $ 29 billion in the acquisition of Australian startup Afterpay in August this year, with the aim of entering the buy-first-pay-later (BNPL) market. the largest acquisition of an Australian company in history).
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