
Financial derivatives giant Fidelity Investments received and passed on the Lightning Torch, as revealed by by the company sent on Feb. 22.
Just like the Olympic torch, the Lightning Torch is being passed between members of the community. The trend first reportedly started when Twitter user and () enthusiast sent 10,000 satoshis (the smallest, indivisible fractions of a ) to another Lightning user, and the user added another 10,000 satoshis and passed it on.
Fidelity the torch to the Harvard School & Crypto Club in the wake of its upcoming dedicated conference. Previously, the torch famously has been held by the of a crypto enthusiast as well as by CEO Jack Dorsey, who at the beginning of the current month.
As Cointelegraph recently , Dorsey, who is also the founder and CEO of-based -supporting payments service, said that rolling out the Lightning Network on Square’s Cash App is a question of “when, not if.”
The Lightning Network is a payment protocol that works as a second layer on top of a . A large number of those in the community have the Lightning Network as a fix to ’s scaling problem.
Fidelity Investments manages in client assets. In October last year, the investment giant the launch of a new company, Fidelity Digital Asset Services, targeting institutional crypto assets investors.
Published at Sat, 23 Feb 2019 14:35:59 +0000