David Marcus launched Lightning Network Lightning Startup

Ex-head of the META payment unit David Marcus announced the launch of the new company Lightspark, focused on expanding the possibilities of using bitcoin.

Lightspark was supported by many large investors, including Andreessen Horowitz, Paradigm, Coatue and Matrix Partners.

According to Marcus, at the first stage, the company gathers a team for studying and developing the Lightning Network Protocol.

Lightspark plans to create infrastructure for companies, developers and sellers for transactions through Lightning Network.

Recall that Marcus was the head of the Facebook blockchain unit (now META) and participated in the development of the Libra digital currency project. Due to the pressure of the regulators, it was never launched.

At the end of 2021, Marcus announced the departure from META. He called himself a big fan of Bitcoin and https://gagarin.news/ua/news/solana-presented-its-smartphone/ declared confidence in the future of the first cryptocurrency.

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