Traditionally considered an odd couple, bitcoin has made x.com/phantom/status/1796215333281321205″>intriguing raids in the crypto ecosystem over the past year. Cake Wallet's decision to integrate Lightning is an unexpected but exciting development that continues this trend of bitcoin integration. By doing so, Cake aims to make bitcoin more practical for its users' daily use.
in a technology/adding-lightning-to-crypto-is-a-piece-of-cake-with-the-breez-sdk-2476db0ed9dc”>post published yesterdayRoy Sheinfield, CEO of Breez, emphasizes the “huge opportunity” this creates:
“Introducing Lightning to the broader world of cryptocurrencies will help more users engage with bitcoin, and Lightning is the technology that can turn currency into “cryptocurrency.” Bringing cryptocurrencies and Lightning together is an inevitable step on the path to bitcoin integration.”
This collaboration will see technology/sdk/”>Breez Open Source SDKwhat includes Blockstream green light node service, integrated into Cake Wallet, significantly improving its functionality. The Breez SDK is designed to make it easy to integrate Lightning into any application, enabling faster and cheaper bitcoin transactions.
Vik Sharma, CEO of Cake Wallet, shared his thoughts on this integration: “We are delighted to partner with Breez to offer Lightning payments to our users. This update means faster and cheaper bitcoin transactions without compromising privacy and security.”
Roy Sheinfeld, co-founder and CEO of Breez, added: “bitcoin is the native currency of the Internet and our goal at Breez is to make it as accessible and easy to use as possible. Partnering with Cake Wallet is a big step in that direction. Opening the Lightning payments to hundreds of thousands of users.
The integration of Lightning through the Breez SDK aligns with Breez's mission to make bitcoin more accessible and convenient for everyday transactions. Breez's technology not only provides seamless integration, but also ensures that users maintain control over their funds, offering a non-custodial solution that emphasizes privacy and security.
The Breez SDK supports several features, such as sending and receiving payments, exchanges, BOLT 11 payments, and the open LSP model, which allows applications to choose and change their Lightning Service Providers (LSPs) as needed. This flexibility ensures that SDK integration does not limit users to a single service provider, promoting an open and adaptable ecosystem.
Cake Wallet has been on a roll lately as they recently introduced silent payments, another awesome new privacy feature for bitcoin users.
For those eager to try it out, the Lightning-compatible Cake Wallet is expected to publicly launch in July 2024. This new feature promises to make bitcoin transactions smoother and more efficient for everyday users.
