April 19, 2024
Bitcoin News

TorogozDev Launches Lightning Node in El Salvador, Bolstering Bitcoin Network

In a significant move towards embracing Bitcoin, TorogozDev, a non-profit educational program sponsored by Bitfinex, has unveiled a new Lightning node in El Salvador. This marks a crucial milestone for the organization, which focuses on providing technical training in Bitcoin and Lightning Network development within the country.

The launch of the Lightning node is seen as a pivotal step in aligning with El Salvador’s commitment to Bitcoin. The move is expected to enhance accessibility to the global Bitcoin network while contributing to its security and decentralization.

Paolo Ardoino, Chief Technology Officer of Bitfinex, emphasized that this development goes beyond mere technological advancement. He stated, “It’s a step forward in realizing the true potential of borderless money in a nation that has boldly integrated Bitcoin into its financial system.”

Ishi, the co-founder of TorogozDev, highlighted the broader implications of the new Lightning node. “This new node will enable El Salvador to actively strengthen and further decentralize the Bitcoin network, and contribute to the network of Lightning nodes deployed worldwide,” said Ishi.

TorogozDev aims to facilitate access to local talent and professionals, promoting and enabling Bitcoin adoption in El Salvador. The organization sees the Lightning node as a means to actively engage with the global Bitcoin network, promoting decentralization and security.

The introduction of this node reflects the ongoing efforts to integrate Bitcoin into various aspects of El Salvador’s financial system, illustrating the nation’s commitment to becoming a hub for cryptocurrency innovation and development. As TorogozDev continues its mission, the Lightning node stands as a testament to the collective effort in advancing the adoption and infrastructure of Bitcoin in the region.

Image by Liam Ortiz from Pixabay

Related posts

ARK’s Latest Bitcoin ETF Filing Shows Positive Approval Progress

Bran Lopez

Bitcoin Ordinals Coexist With Traditional Money Transactions

Henry Clarke

The Dark Side of Crypto: Bitcoin and Murder-for-Hire Schemes

Harper Hall

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More