Bitwage Processes World’s First Lightning Payroll

Bitwage Processes World’s First Lightning Payroll

Technology
December 6, 2021 by mvp00
8
Bitwage has processed the world’s first Lightning payroll. The company processed a salary payment entirely on the Lightning Network, Bitcoin’s layer 2 scaling solution for fast and cheap bitcoin payments. “Bitcoin’s Lightning Network promises the ability to enable global, instant payments for almost no fees,” Bitwage said in a statement sent to Bitcoin Magazine. “Our
freelancers-on-traditional-platforms-can-now-invoice-in-bitcoin-via-bitwage.jpg



Bitwage has processed the world’s first Lightning payroll. The company processed a salary payment entirely on the Lightning Network, Bitcoin’s layer 2 scaling solution for fast and cheap bitcoin payments.

“Bitcoin’s Lightning Network promises the ability to enable global, instant payments for almost no fees,” Bitwage said in a statement sent to Bitcoin Magazine. “Our vision for Lightning payroll is one where any user can add the wallet of their choice, get paid their salary, and immediately spend it through any merchant connected to the main network.”



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