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Blockchain development company Lightning Labs announced the initial release of Lightning Network offramp Lightning Loop.
Blockchain development company Lightning Labs has announced the initial release of the Lightning Network offramp Lightning Loop in a post on its blog published on March 20.
Per the announcement, the software provides a non-custodial way to receive funds through the Bitcoin (BTC) scalability solution Lightning Network, through on-chain settlement with the âLoop Outâ function.
The Loop Out function attempts to solve an issue which can affect Lightning Network users.
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