LQwD FinTech Launches Indonesian Lightning Network Routing Node

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[{"type":"text","content":"\n \n \n \n LQwD FinTech Launches Indonesian Lightning Network Routing Node\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Feb. 24, 2022\n \n /CNW/ - LQwD FinTech Corp. (TSXV: LQWD, OTC: LQWDF), an emerging technology company developing payment infrastructure for the Bitcoin\n \n Lightning Network\n \n (LN), announces strategic deployment of a routing node in\n \n Jakarta, Indonesia\n \n .\n \n \n \"With a population of more than 260 million and over\n \n $50 billion\n \n crypto assets reportedly traded,\n \n Indonesia\n \n is one of the world's most valuable, untapped, emerging markets, with all the right dynamics for Lightning Network to excel,\" said LQwD CEO Shone Anstey. \"Recently, the Indonesia Commodity Futures Trading Supervisor Agency (CoFTRA)\n \n announced acceptance\n \n to trade in over 200 cryptocurrencies, which will help pave the way for Lightning Network to become one of\n \n Indonesia's\n \n preferred platforms for micro-payments and other transactions.\"\n \n \n Including LQwD's recent node launch in\n \n Singapore\n \n and\n \n Germany\n \n , 127 nodes have interconnected with more than 130 transaction channels, routing approximately 10 Bitcoin through LQwD's connected channels since launching our first Lightning Network node in late\n \n November 2021\n \n .\n \n \n To follow LQwD's node and channel growth, visit\n \n http://www.1ml.com\n \n .\n \n \n \n About the Lightning Network\n \n \n \n The\n \n Lightning Network\n \n is layer-two technology that solves the issue of mass scaling Bitcoin for global microtransactions. In addition to enabling millions of transactions per second, the Lightning Network dramatically reduces the fees currently charged, and serves up instantaneous settlement times.\n \n \n The Lightning Network continues to experience explosive growth as follows:\n \n \n \n Since\n \n April 2021\n \n , node growth has increased 227%, from 10,394 to over 34,000 nodes now established.\n \n \n Bitcoin capacity increased from 1,060 BTC to 3,398 BTC, up 220% from\n \n ...

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