Cash App now allows users to send BTC to Lightning or on-chain addresses.
. Now, its users can finally use the feature and utilize the benefits that the Bitcoin Lightning Network brings into everyday BTC transactions.
To use Lightning Network on Cash App, users need to scan a Lightning QR using their cameras, confirm the details of the payment and tap on pay. The Lightning Network, sometimes called Lightning or LN, is a layer-2 solution that brings scalability to Bitcoin. Lightning eases the load on the Bitcoin blockchain by creating a separate network where users transact and creating minimal engagements with the Bitcoin blockchain to lessen fees and speed up transactions.
While many users rejoiced that they are able to use the Lightning Network feature through their Cash App, some could only watch. As the firm mentioned a few weeks, the feature will be available everywhere in the United States apart from New York. “At this time New York residents aren’t eligible for Lightning,” Cash App tweeted.
Twitter user notgrubles disagreed. According to him, users in New York are still eligible if “they run their own LN node.” Because of the decentralized nature of Bitcoin Lightning Network transactions, it can be used by anyone regardless of their location outside of Cash App. ProofofBrain, another user, also supported this sentiment by tweeting:
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