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LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Sees Growth from Lightning Network Nodes; Company Executive Publishes Guest Post About Using Bitcoin to Increase Trust on the Internet

By: CryptoCurrencyWire
June 17, 2022 at 10:35 AM EDT
  • Since the summer of 2021, the number of users with access to the Lightning Network has increased from approximately 100,000 to over 80 million
  • LQwD’s current channel count on the Lightning Network is 17 and connects countries worldwide
  • LQwD currently has active nodes spanning the US, Japan, England, Canada, France, Italy, Indonesia, Bahrain, South Africa, South Korea, Sweden, Singapore, Hong Kong, Brazil, Germany, India, and Ireland
  • Company executive Stephen Thompson wrote an article for Bitcoin Magazine expressing that Bitcoin (as a network) could be the additional layer of trust needed with the internet infrastructure today

Over the last 30 days, the Bitcoin Lightning Network (“LN”) has experienced an increase in channel capacity, despite the current decline and bear market being experienced by much of the cryptocurrency world. The current capacity is teetering at the 4,000 BTC mark, translating into a growth of over 5% across the last 30 days (https://ccw.fm/aupkG).

Arcane Research’s The State of Lightning Volume 2 was released in April 2022 and used transactional data from the platform to support its findings. With the adoption of the Lightning Network platform quickly rising, the research indicated that the number of payments over the past year has doubled, and the…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company’s newsroom at https://ccw.fm/LQWDF

About CryptoCurrencyWire

CryptoCurrencyWire (“CCW”) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets, (3) enhanced press release services to ensure maximum impact, (4) social media distribution via IBN (InvestorBrandNetwork) to nearly 2 million followers, and (5) a full array of corporate communications solutions As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. CCW is where news, content and information about crypto converge.

To receive instant SMS alerts from CryptoCurrencyWire, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)

For more information, please visit https://www.CryptoCurrencyWire.com

Please see full terms of use and disclaimers on the CryptoCurrencyWire website applicable to all content provided by CCW, wherever published or re-published: https://CCW.fm/Disclaimer

CryptoCurrencyWire (CCW)
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www.CryptoCurrencyWire.com
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Editor@CryptoCurrencyWire.com

CryptoCurrencyWire is part of the InvestorBrandNetwork.

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