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Largest-Ever $1M Lightning Transaction Marks Bitcoin’s Leap Toward Faster Settlements
Secure Digital Markets (SDM) has completed a $1 million Bitcoin transaction over the Lightning Network in a pilot settlement with cryptocurrency exchange Kraken, marking what the firms say is the largest publicly reported Lightning payment to date. The transaction, executed on Jan. 28 and valued at $1 million at the time, reportedly settled nearly instantly and with minimal fees. According to the official announcement, it was facilitated using enterprise Lightning infrastructure from Voltage, a Bitcoin payments and infrastructure provider focused on institutional clients. “We have moved past the era of questioning ... (full story)
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