“Adoption is going to come from people who have fiat in their bank account, and they need to get it into Bitcoin,” Pierre Rochard, Bitcoin product manager at Kraken, told Bitcoin Magazine.
Kraken joined the Lightning Network with its own Lightning node.
Lightning enables cheap and fast bitcoin transactions by leveraging smart contracts to abstract small and frequent payments away from the Bitcoin network base layer.
“It has been a really great experience because they do have a fully featured API and they are one of the oldest implementations of the Lightning protocol,” Rochard said.