Payments company Spiral, previously called Square Crypto, has unveiled the Lightning Development Kit (LDK), a tool that allows developers to integrate instant bitcoin (BTC) payments into their applications.
The crypto arm of Block (previously Square) published a video on Monday, introducing the LDK and highlighting the benefits of the Bitcoin Lightning network.
The Bitcoin Lightning Network is a layer 2 solution designed on top of Bitcoin that aims to tackle the flagship cryptocurrency's scalability problem. Lightning transactions are fast and cheap, but developers face various problems when trying to implement the network.
“When our team formed, we went out and interviewed dozens of wallet projects and developers,” Steve Lee, lead at Spiral,
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