Bitpay Has ‘No Current Plans’ to Support Liquid or the Lightning Network

In accordance to Bitpay’s Chief Advertising Officer, Invoice Zielke, onchain bitcoin funds nonetheless rule the roost so far as funds are involved. Zielke detailed that a minimum of in the close to future, Bitpay received’t be supporting the Lightning Network or Blockstream’s Liquid venture.

Liquid or the Lightning Network Not on the Roadmap

The highest cryptocurrency cost processor Bitpay says the firm received’t be leveraging the Liquid venture or the Lightning Network any time quickly. Each tasks are offchain options which have been touted as the reply to BTC’s scaling points. Nevertheless, each tasks have seen little adoption in contrast to the Ethereum chain’s options. So far as bitcoin whole worth locked (TVL) inside the chain, Ethereum is BTC’s most distinguished sidechain. This week, Bitpay’s Chief Advertising Officer Invoice Zielke informed fintech and crypto columnist, Kyle Torpey, that onchain bitcoin funds are the most prevalent of funds on the…

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