{"id":423813,"date":"2022-03-30T14:45:32","date_gmt":"2022-03-30T11:45:32","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/kraken-users-report-bitcoin-lightning-network-availability\/"},"modified":"2022-03-30T14:45:32","modified_gmt":"2022-03-30T11:45:32","slug":"kraken-users-report-bitcoin-lightning-network-availability","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/kraken-users-report-bitcoin-lightning-network-availability\/","title":{"rendered":"# Kraken users report Bitcoin Lightning Network availability"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2645bc76740\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2645bc76740\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/kraken-users-report-bitcoin-lightning-network-availability\/#%E2%80%9D_Kraken_users_report_Bitcoin_Lightning_Network_availability_%E2%80%9C\" >&#8221; Kraken users report Bitcoin Lightning Network availability &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Kraken_users_report_Bitcoin_Lightning_Network_availability_%E2%80%9C\"><\/span>&#8221; Kraken users report Bitcoin Lightning Network availability &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvOTAzNzExN2EtZjIxZS00Mzk4LThkYTYtYWViZTFlMWYzMjhkLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>Major American cryptocurrency exchange Kraken reportedly started implementing the Bitcoin (BTC) Lightning Network for users a bit later than the firm originally planned.<\/p>\n<p>Bitcoin maximalist Mr.Hodl took to <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> on Wednesday to report that Kraken has implemented the Lightning Network.\u00a0He attached a screenshot of the supposed new Kraken withdrawal process allowing users to complete a withdrawal request from a Lightning wallet to receive BTC from their accounts.<\/p>\n<p>\u201cThe Lightning network runs on top of the Bitcoin blockchain to enable more uses of Bitcoin,\u201d Kraken\u2019s withdrawal notice on the screenshot reads.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">It&#8217;s official!  <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/krakenfx?ref_src=twsrc%5Etfw\">@krakenfx<\/a> has implemented the Lightning Network. <\/p>\n<p>Congrats  <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/jespow?ref_src=twsrc%5Etfw\">@jespow<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/brianchoffman?ref_src=twsrc%5Etfw\">@brianchoffman<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BitcoinIsSaving?ref_src=twsrc%5Etfw\">@BitcoinIsSaving<\/a> and the rest of the Kraken guys. <\/p>\n<p>(Screw Dan Held though ) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/tF5CP7JB5A\">https:\/\/t.co\/tF5CP7JB5A<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/6LikdzdJ18\">pic.twitter.com\/6LikdzdJ18<\/a><\/p>\n<p>\u2014 Mr.Hodl  (@MrHodl) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/MrHodl\/status\/1508864001790418946?ref_src=twsrc%5Etfw\">March 29, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nIt <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ears that no other Kraken users have reported the supposed BTC Lightning implementation on the platform so far. Instead, some Kraken customers <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/DMN737\/status\/1508871234834116615?s=20&amp;t=D-9eKFdwy5Do9G7r7l0BYg\">said<\/a> that they didn\u2019t have the Lightning option to withdraw BTC as of Tuesday, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/DMN737\/status\/1508879657453694986?s=20&amp;t=D-9eKFdwy5Do9G7r7l0BYg\">suggesting<\/a> that the Lightning implementation should be extended for all accounts within 24 hours.\u00a0<\/p>\n<p>The first reports on Kraken\u2019s BTC Lightning application surfaced in mid-March, with cryptocurrency enthusiasts <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/kerooke\/status\/1503843696063692802?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1503843696063692802%7Ctwgr%5E%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fpublish.twitter.com%2F%3Fquery%3Dhttps3A2F2Ftwitter.com2Fkerooke2Fstatus2F1503843696063692802widget%3DTweet\">suggesting<\/a> the implementation start based on data from the Lightning Network explorer known as Amboss.<\/p>\n<p>A spokesperson for Amboss told Cointelegraph on March 16 that the explorer received a \u201cnetwork gossip\u201d broadcasting its node alias as Kraken with an octopus and a lightning emoji, noting that any node could theoretically change their alias and act as an imposter. \u201cBut this is already a very large node at 7 BTC in capacity,\u201d the representative said, adding:<\/p>\n<blockquote><p>\u201cKraken has not contacted us to verify that this node is theirs using our standard Twitter plus digital signature verification process to prove ownership. However, judging by the restrictive channel policies, their choice of channel peers and the size of their nodes and channels, this appears to be legitimate.\u201d<\/p><\/blockquote>\n<p>At the time of writing, the total capacity of Kraken\u2019s alleged node alias capacity on Lightning <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/amboss.space\/node\/02f1a8c87607f415c8f22c00593002775941dea48869ce23096af27b0cfdcc0b69\">amounts<\/a> to more than 2.8 billion satoshis, or 28 BTC, according to Amboss data.<\/p>\n<p>Kraken did not immediately respond to Cointelegraph\u2019s requests for comment.<\/p>\n<p>As previously reported, Kraken officially announced plans to integrate the Bitcoin Lightning Network in late 2020, scheduling the implementation for 2021. Some crypto observers chuckled about exchanges like Kraken taking long to integrate Lightning as some candidates for the United States Congress have managed to adopt it before.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">A candidate for US Congress adopted Lightning before Binance, Coinbase, Robinhood, And Kraken.<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/i2e5G2rTOj\">pic.twitter.com\/i2e5G2rTOj<\/a><\/p>\n<p>\u2014 Dennis Porter (@Dennis_Porter_) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Dennis_Porter_\/status\/1465732645233459207?ref_src=twsrc%5Etfw\">November 30, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Bitcoin transaction fees briefly doubled yet remain exceptionally low<\/em><\/strong><\/p>\n<p>Released in March 2018, the Lightning Network is a Bitcoin layer-two protocol designed to provide faster and cheaper BTC transactions. Bitfinex is believed to be the first crypto exchange in the world to enable Lightning payments by integrating the protocol in December 2019.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/kraken-users-report-bitcoin-lightning-network-availability\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Kraken users report Bitcoin Lightning Network availability &#8220; Major American cryptocurrency exchange Kraken reportedly started implementing the Bitcoin (BTC) Lightning Network for users a bit later than the firm originally planned. Bitcoin maximalist Mr.Hodl took to Twitter on Wednesday to report that Kraken has implemented the Lightning Network.\u00a0He attached a screenshot of the supposed&#8230;<\/p>\n","protected":false},"author":1,"featured_media":423814,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDMvOTAzNzExN2EtZjIxZS00Mzk4LThkYTYtYWViZTFlMWYzMjhkLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74894,74863,75540,75029,74355,117],"class_list":["post-423813","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-blockchain","tag-cryptocurrencies","tag-kraken","tag-lightning-network","tag-adoption","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/423813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=423813"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/423813\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/423814"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=423813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=423813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=423813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}