Historically thought of an odd couple, Bitcoin has made intriguing forays into the crypto ecosystem over the previous 12 months. Cake Wallet’s determination to combine Lightning is an surprising but thrilling growth that continues this pattern of Bitcoin integration. In doing so, Cake goals to make Bitcoin extra sensible for on a regular basis use for its customers.
In a post published yesterday, Breez CEO Roy Sheinfield emphasizes the “massive opportunity” this creates:
“Introducing Lightning to the broader world of crypto will help more users interface with Bitcoin, and Lightning is the tech that can put the currency into “cryptocurrency.” Bringing crypto and Lightning collectively is an inevitable step on the best way to mainstreaming Bitcoin”.
This collaboration will see Breez’s open-source SDK, which incorporates Blockstream’s Greenlight node service, embedded into Cake Wallet, considerably enhancing its performance. Breez’s SDK is designed to make integrating Lightning into any app simple, permitting for sooner, cheaper Bitcoin transactions.
Vik Sharma, CEO of Cake Wallet, shared his ideas on this integration: “We’re thrilled to partner with Breez to bring Lightning payments to our users. This upgrade means faster, cheaper Bitcoin transactions without compromising on privacy and security.”
Roy Sheinfeld, Breez’s co-founder and CEO, added, “Bitcoin is the internet’s native currency, 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 up Lightning payments to hundreds of thousands of users.”
The combination of Lightning through the Breez SDK aligns with Breez’s mission to make Bitcoin extra accessible and sensible for on a regular basis transactions. Breez’s expertise not solely supplies seamless integration but additionally ensures customers keep management over their funds, providing a non-custodial resolution that emphasizes privateness and safety.
Breez’s SDK helps numerous options akin to sending and receiving funds, swaps, BOLT 11 funds, and the open-LSP mannequin, which permits apps to decide on and alter their Lightning Service Suppliers (LSPs) as wanted. This flexibility ensures that integrating the SDK does not lock customers right into a single service supplier, selling an open and adaptable ecosystem.
Cake Wallet has been on a roll currently as they not too long ago launched silent funds, one other new and spectacular privateness function for Bitcoin customers.
For these wanting to attempt it out, the general public launch of the Lightning-enabled Cake Wallet is predicted in July 2024. This new function guarantees to make Bitcoin transactions smoother and extra environment friendly for on a regular basis customers.
