16 C
New York
Thursday, October 21, 2021

Buy now

According to the CEO of Bitfinex, more companies like Paxful will push the development of the Bitcoin network for payments




Recently, the Paxful platform announced its global integration to the Lightning Network. In this context, Bitfinex CTO Paolo Ardoino opined that more companies like Paxful will provide impetus to the development of Bitcoin.

Paolo Ardoino said: “The Bitcoin network is a really robust P2P payment solution.”

Then he added: “As we see more resources being put into its development, I think more companies, like Paxful, will join it to allow individuals to pay for goods and services around the world.”

It should be noted that, with the inclusion of this system built on the Bitcoin (BTC) network, the more than seven million Paxful users will be able to transfer bitcoin in a matter of seconds and with much lower fees.




This new feature integrated into the Paxful platform, allows to significantly reduce user fees, compared to traditional bitcoin transactions.

Ray Youssef, CEO and Co-Founder of Paxful, said: “Bitcoin is undoubtedly the best financial option for the people who really drive economies. But for it to be successful and globally adopted, we must overcome the problem of the scale. The biggest possibility of scalability of Bitcoin in the industry is through the Lightning Network. “

It may interest you:




TAMMY SEWELL
Tammy Sewell is our Writer and Social at OICanadian.com. Tammy loves sports, she writes our celebrities news. She spends time browsing through several celebs news sources as well the Instagram. Email: Tammy@oicanadian.com Phone: +1 513-209-1700

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
2,990FollowersFollow
0SubscribersSubscribe

Latest Articles