UK Exchange CoinCorner Adds Bitcoin Lightning Network Support

UK Exchange CoinCorner Adds Bitcoin Lightning Network Support


Another crypto exchange has added support for Bitcoin’s Lightning Network.

U.K.-based CoinCorner debuted Lightning Network support for its users Tuesday. They can now deposit and withdraw bitcoin with the secondary network, a software stack that is built on top of Bitcoin’s core technology which facilitates cheap and fast transactions.

Lightning is the most decentralized and trustless scaling solution. We were always going to integrate Lightning but it was just a matter of timing and resource availability within the company,” Danny Scott, CEO of CoinCorner, told CoinDesk.

CoinCorner introduced the payment method to its payment gateway, CoinCorner Checkout, in April of last year, Scott said. This made the integration for the exchange easy, a two-week endeavor, Scott said.

“Granted, myself and Zakk Lakin, our tech lead, have been playing around with Lightning nodes for the last few years, so we have a strong understanding of how it works,” Scott qualified.

Lightning

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