Cryptocurrencies

Fidelity Digital Assets fires off Lightning Torch tweet

Fidelity Investments’ crypto division has received and passed on the Lightning Torch, it announced in a tweet this week.

Fidelity passed the torch to the Harvard School Blockchain & Crypto Club. The experiment was started by crypto enthusiast Hodlonaut. Bitcoin users have since been playing a running game wherein each participant adds a little Bitcoin to a Lightning Network payment chain, then passes it on to someone on Twitter that they trust.

The aim is to spread awareness of Layer 2 Lightning Network technology, which improves scalability and allows for instantly verifiable Bitcoin payments.

Coin Rivet recently brought you the story of Square and Twitter CEO Jack Dorsey participating in the initiative.

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.

Disqus Comments Loading...

Recent Posts

Here is why Bitcoin is still a lucrative investment in 2024

Those who enter the market at this time may be surprised to hear that Bitcoin…

1 month ago

Zircuit Launches ZRC Token: Pioneering the Next Era of Decentralized Finance

George Town, Grand Cayman, 22nd November 2024, Chainwire

1 month ago

The surge of Bitcoin NFTs: Everything you should know about Bitcoin ordinals

From digital art to real-estate assets, NFTs have become a significant attraction for investors who…

2 months ago

MEXC Partners with Aptos to Launch Events Featuring a 1.5 Million USDT Prize Pool

Singapore, Singapore, 21st October 2024, Chainwire

2 months ago