Bitcoin has traditionally been considered a strange combination. An interesting exploration Over the past year, Bitcoin has seen rapid penetration into the cryptocurrency ecosystem. Cake Wallet’s decision to integrate Lightning is an unexpected yet exciting development that continues the trend of Bitcoin integration as Cake aims to make Bitcoin more practical for everyday use by its users.
in Post published yesterdayBreeze CEO Roy Scheinfield highlighted the “huge opportunity” this creates:
“Introducing Lightning to the wider world of cryptocurrencies will allow more users to interact with Bitcoin. Lightning is the technology that makes currency “cryptocurrency”. Fusing cryptocurrencies and Lightning is an inevitable step in taking Bitcoin mainstream.”
Through this collaboration Breez Open Source SDKwhich includes Blockstream Green Light The node service is built into the Cake Wallet, significantly enhancing its capabilities, and Breez’s SDK is designed to make it easy to integrate Lightning into any app, enabling faster and cheaper Bitcoin transactions.
Vik Sharma, CEO of Cake Wallet, said about the integration: “We’re excited to partner with Breez to bring Lightning payments to our users. This upgrade makes bitcoin transactions faster and cheaper without compromising privacy and security.”
“Bitcoin is the native currency of the internet, and our goal at Breez is to make Bitcoin as accessible and easy to use as possible. Our partnership with Cake Wallet is a big step in that direction, bringing Lightning payments to hundreds of thousands of users,” added Breez co-founder and CEO Roy Scheinfeld.
Breez SDK’s Lightning integration aligns with Breez’s mission to make Bitcoin more accessible and practical for everyday transactions. Breez’s technology not only enables seamless integration, but also ensures users maintain control over their funds, providing a non-custodial solution with a focus on privacy and security.
Breez’s SDK supports a variety of features including sending and receiving payments, swaps, BOLT 11 payments, and an open Lightning Service Provider (LSP) model that allows apps to choose and change LSPs as needed. This flexibility means that integrating the SDK doesn’t lock users into a single service provider, fostering an open and adaptable ecosystem.
Cake Wallet has recently Silent PaymentAnother new and impressive privacy feature for Bitcoin users.
For those interested in giving it a try, the public launch of the Lightning-enabled Cake Wallet is scheduled for July 2024. This new feature is expected to make Bitcoin transactions smoother and more efficient for everyday users.
