<\/p>\n
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
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 new Kraken withdrawal process allowing users to complete a withdrawal request from a Lightning wallet to receive BTC from their accounts.<\/p>\n
\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
\nIt’s official! @krakenfx<\/a> has implemented the Lightning Network. <\/p>\n
Congrats @jespow<\/a>, @brianchoffman<\/a>, @BitcoinIsSaving<\/a> and the rest of the Kraken guys. <\/p>\n
(Screw Dan Held though ) https:\/\/t.co\/tF5CP7JB5A pic.twitter.com\/6LikdzdJ18<\/a><\/p>\n
\u2014 Mr.Hodl (@MrHodl) March 29, 2022<\/a><\/p><\/blockquote>\n
It appears that no other Kraken users have reported the supposed BTC Lightning implementation on the platform so far. Instead, some Kraken customers said<\/a> that they didn\u2019t have the Lightning option to withdraw BTC as of Tuesday, suggesting<\/a> that the Lightning implementation should be extended for all accounts within 24 hours.\u00a0<\/p>\n
The first reports on Kraken\u2019s BTC Lightning application surfaced in mid-March, with cryptocurrency enthusiasts suggesting<\/a> the implementation start based on data from the Lightning Network explorer known as Amboss.<\/p>\n
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
\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
At the time of writing, the total capacity of Kraken\u2019s alleged node alias capacity on Lightning amounts to more than 2.8 billion satoshis, or 28 BTC, according to Amboss data.<\/p>\n
Kraken did not immediately respond to Cointelegraph\u2019s requests for comment.<\/p>\n
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
\nA candidate for US Congress adopted Lightning before Binance, Coinbase, Robinhood, And Kraken.#Bitcoin<\/a> pic.twitter.com\/i2e5G2rTOj<\/a><\/p>\n