Bitcoin has traditionally been considered an odd pair Interesting forays in the cryptocurrency ecosystem over the past year. Cake Wallet's decision to integrate Lightning is an unexpected but exciting development to continue this trend of Bitcoin integration. By doing so, Cake aims to make Bitcoin more practical for its users' daily use.
in Post posted yesterdayBreez CEO Roy Shenfield emphasizes the “tremendous opportunity” this creates:
“Introducing Lightning to the broader cryptocurrency world will help more users engage with Bitcoin, and Lightning is the technology that can put the currency into a ‘cryptocurrency.’ Bringing cryptocurrencies and Lightning together is an inevitable step on the path to popularizing Bitcoin.
We will see this cooperation Breez's SDK is open sourcewhich includes Green light for Blockstream The Node service, included in Cake Wallet, significantly improves its functionality. Breez's SDK is designed to make integrating Lightning into any application easy, allowing for faster and cheaper Bitcoin transactions.
Vic Sharma, CEO of Cake Wallet, shared his thoughts on this integration: “We are thrilled to partner with Breez to bring Lightning Payments to our users. This upgrade means faster and cheaper Bitcoin transactions without compromising on privacy and security.”
Roy Shenfeld, 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 up Lightning payments to hundreds of thousands of users.” “
Lightning integration via the Breez SDK is in line with Breez's mission to make Bitcoin more accessible and practical for everyday transactions. Not only does Breez's technology provide seamless integration, it also ensures users maintain control of their funds, providing a non-custodial solution focused on privacy and security.
Breez's SDK supports several features such as sending and receiving payments, swaps, BOLT 11 payments, and the open LSP model, which allows applications to choose and change 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 so successful recently that it recently introduced Silent Payment, an impressive new privacy feature for Bitcoin users.
For those who are eager to try it out, the general release of the Lightning-enabled Cake Wallet is expected to take place in July 2024. This new feature promises to make Bitcoin transactions more seamless and efficient for everyday users.
