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On December 7, Jack Dorsey's Spiral team released a video showing Bitcoin Lightning and the Lightning Development Kit's capabilities (LDK). In the new video showcasing LDK of Spiral, a puppet of Jack Dorsey has been used to demonstrate the Bitcoin Lightning network.
LDK was created to allow developers to connect their applications to the network on mobile devices and point-of-sale terminals seamlessly.
LDK supports native APIs written in Rust, C, Swift, Java, and Kotlin. It allows developers to personalize their wallet software in the language of their choice for their users and eliminate the need for separate Bitcoin and LN wallets. The LDK is a tool that "makes it easy for any developer in the world to design a wallet," according to Twitter's former CEO in the video.
The Video that Demonstrates Bitcoin Lightning Development Kit
The film shows a puppet Jack Dorsey engaging with store employees and owners by using Lightning Network to pay for services (LN). While the film switches to the Spiral team discussing the virtues of Bitcoin and the LN, he uses his mobile LN wallet app to pay for a nose piercing and a movie ticket.
Since its inception in 2019, Spiral, formerly known as Square Crypto, has been producing Bitcoin wallet solutions. Spiral is also working on the Bitcoin Development Kit, which provides cross-platform mobile wallet interactions, in addition to the LDK. Spiral project manager Haley Berkoe describes Lightning as a layer two scaling solution for Bitcoin that "turns Bitcoin into a genuine payment system."
Expects to Increase the Adoption of BTC
Spiral's LDK, according to Conor Okus, will promote Bitcoin and the LN acceptance by "offering a method for people in different regions of the world... to hold money and engage in economic activity."
Lightning consumers will benefit from the new product release because network nodes are at all-time highs. According to the most recent data from Bitcoin Visuals, there are 18,905 nodes on the Lightning Network with active channels.
The total number of nodes has increased by 23% in the last three months, with 3,534 additional nodes added. According to 1ML, the LN now has a network capacity of 3,285 BTC, or roughly $166 million.