Meta launches a new project LightSpark and enters the digital world of currency
Meta finally launched LightSpark after years of effort. Andreessen Horowitz, Paradigm, Coatue, and Matrix partners all invested in LightSpark. LightSpark will help firms interested in leveraging Bitcoin's Lightning Network build backend infrastructure. LightSpark promises to make small transactions like filling up at a gas station easier to pay for with low costs via payment channels. Despite initial opposition, LightSpark quickly gained notice and acceptance as a way to send modest payments without additional expenses.
Source: techstory.in