In a press release sent to Bitcoin Magazine, bitcoin rewards app giant Fold confirmed that they have committed to integrating Lightning Network support by the end of 2022.

This is an effort to support the growth of the Lightning Network, a second-layer scaling solution, which is proving to be vital in bitcoin’s journey to becoming a medium of exchange (MoE). Lightning allows for low fee off-chain transactions and near instant micropayment processing, in addition to greater privacy.

With Fold integrating the Lightning Network, this will bring many new users into the mix. Fold currently has over 500,000 mobile app users with many for whom this will be their first experience using Lightning, after already being exposed to the benefits of bitcoin rewards.

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