Revolut Speeds Up Bitcoin Transactions with a Lightning Network

Jakarta, Pintu News – Revolut, a global fintech company with over 50 million users, recently announced the integration of the Bitcoin Lightning network in its services. The move is expected to accelerate Bitcoin (BTC) transactions and expand its use in everyday transactions.

Strategic Partnership with Lightspark

By partnering with Lightspark, Revolut opens up opportunities for faster and more efficient Bitcoin (BTC) transactions. Lightning Network technology allows transactions to be made off-chain, so users don’t have to wait for confirmation on the main blockchain.

This means transactions can be processed at a much higher speed and lower cost. This partnership not only increases transaction speed but also demonstrates Revolut’s commitment to adopting the latest innovations in blockchain technology. With a more advanced infrastructure, Revolut has the potential to attract more users who are interested in using Bitcoin (BTC) for everyday transactions.

Also Read: Can Gaming PCs be Used to Mine Bitcoin (BTC)? Here are the Facts in 2025

Real World Implementation and World Records

The technology is not just limited to claims in brochures. At the Bitcoin 2025 Conference to be held in Las Vegas, the organizers plan to break the GUINNESS world record for the most Bitcoin (BTC) sell-point transactions within 8 hours. They will hand out 4,000 Bolt cards that support tap-to-pay payments over the Lightning Network.

On the other hand, Spar supermarket in Zug, Switzerland, has also started accepting Bitcoin (BTC) payments through the Lightning Network since last April. More than 1,000 businesses in Switzerland have adopted similar methods, proving that Bitcoin (BTC) is starting to earn its place in everyday transactions.

Technical Development and Wider Adoption

In addition to increasing speed and reducing costs, there are equally important technical developments. On April 11, researchers from StarkWare and the Weizmann Institute introduced ColliderVM, a system that allows complex smart contracts to run on the Bitcoin (BTC) network.

It’s like turning a calculator into a smartphone, which will make Bitcoin (BTC) based applications much more versatile in the future. Additionally, in late January, Lightning Labs also incorporated Tether (USDT) into the Lightning Network using the Taproot Assets protocol. The goal is clear: to make stablecoin transactions faster and more practical. This shows that the Lightning Network is not just for Bitcoin (BTC), but can also be used in broader financial schemes.

Conclusion

With all these developments, Revolut is not only increasing the speed of Bitcoin (BTC) transactions but also paving the way for the adoption of cryptocurrencies on a wider scale. Although the launch date of this new feature has not yet been announced, users in the UK and several European countries will likely be the first to experience the benefits.

Also Read: Robert Kiyosaki Highlights Potential Market Crisis, Calls Bitcoin (BTC) Superior to Gold

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Reference

• Crypto News Flash. Revolut Now Supports Fast Bitcoin Payments. Accessed on May 8, 2025
• Featured Image: FinTech Magazine