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TBD, a division of Block (formerly Square) led by CEO Jack Dorsey, launched a new venture named c= (pronounced c equals) to improve the Bitcoin (
$77,339.00 ) Lightning Network through tools and services.
The Lightning Network (LN) is a layer 2 payment network built to ease the mainstream adoption of Bitcoin ( $77,339.00 ) (BTC) by enabling faster, cheaper and more reliable peer-to-peer payments. However, c= aims to further the reach of LN through added liquidity and routing services.
⚡️hello world. meet TBD’s @c_equals: https://t.co/j5ZYJmtS3J #lightning
— TBD (@TBD54566975) March 2, 2023
Since its launch, the LN’s liquidity and capacity have witnessed organic growth via real-world adoption. In addition, services like c= offer incremental upgrades to support the ongoing Bitcoin ( $77,339.00 ) adoption globally.
Visual representation of widespread Bitcoin ( $77,339.00 ) Lightning adoption. Source: c=
Through liquidity, services and infrastructure, c= caters to wallet users, businesses and lightning node operators for faster and cheaper payments. The official announcement read:
“We want to meet you where your lightning needs are. Are you a business looking to accept Lightning payments? A wallet in need of channels or inbound for your customers? A hardened plebnet veteran looking for your next big source?”
Layer 2 services collectively improving Bitcoin ( $77,339.00 ) operations make it easier for people to adopt the ecosystem into their lives. If you want to accept Bitcoin ( $77,339.00 ) as payment for your services, read Cointelegraph’s guide on how to get paid in BTC.
Related: Jack Dorsey’s decentralized Twitter rival enters app store
Jack Dorsey’s popular payments venture Cash App recently integrated crypto tax and accounting software TaxBit into its services. The move allows Bitcoin ( $77,339.00 ) users an easy way to report taxes.
As Cointelegraph reported, Cash App launched its Bitcoin ( $77,339.00 ) trading services in 2018 and rolled out BTC deposits the following year. The company claims to have over 10 million Bitcoin ( $77,339.00 ) users.
