LQWD Updates Bitcoin Lightning Network Operations [Yahoo! Finance]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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Source: Yahoo! Finance
transaction infrastructure for the Bitcoin Lightning Network. LQWD owns 115 Bitcoin, which are used to operate LQWD's transaction infrastructure, and provides the Company with a Bitcoin based core asset. LQWD has developed and is operating a scalable revenue model for the Lightning Network that receives routing fees for each transaction on LQWD's infrastructure. These fees are paid in Bitcoin (Satoshi's), which are nominal at present time. However, it is anticipated that the fees will increase in the future based on further adoption of the Lightning Network. Therefore, LQWD believes in the future potential of the network and is focussed on continuing to build market share. Routing transactions continue to grow. In April 2024, there were 64,678, an increase over the record month of March 2024. The total routing volume through LQWD's infrastructure is now approximately 500,000, routing over 569 Bitcoin through LQWD's infrastructure since launching in November 2021. LQWD's organic
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