Binance’s CEO Gets the Lightning Torch, Will Elon Musk Get it Next?

The ‘Lightning Torch’ initiative is steadily gaining momentum as more and more industry proponents get on board. Lastly, the CEO of Binance – the world’s largest cryptocurrency exchange, has been the one to ‘get’ the torch. Will Elon Musk Follow?
Lightning Torch in Changpeng Zhao
The ‘Lightning Torch’ as the initiative was dubbed, is a very interesting concept which began a few weeks ago. It’s intended to promote the capabilities of the Lightning Network – Bitcoin’s scaling solution.
The initiative involves users passing on between each other a lightning payment. The payment started at 10,000 satoshis as user hodlnaut was the first one to start on January 17th. Every next receiving node has to add 10,000 satoshis before passing it on, and so forth.
The last one to receive the torch was no other but Changpeng Zhao – the CEO at Binance.
He had to issue an invoice for 3,210,000 satoshis, which is around $116 at the time of this writing. It goes to show how quickly the initiative gained popularity.

Coinbase Custody Already Has Over $1.3Billion AUC: Aims Higher
Monday June 17, 2019

Last week, the CEO of Coinbase Custody, Sam McIngvale visited the UK to discuss the crypto economy. McIngvale shared that Coinbase Custody already holds $1.3billion in assets under custody (AUC). The company however, has no intention of stopping just there. All expectations point to reaching $2billion AUC very soon. 1/ Last week Coinbase Custody CEO […]

The post Coinbase Custody Already Has Over $1.3Billion AUC: Aims Higher appeared first on 12bit trade.

Apparently, I hold the torch now. #LNTrustChain
I must say, it feels very cool in my virtual hand. 🙂 Who should I send it to next? https://t.co/gLyA2qmRpW
— CZ Binance (@cz_binance) February 11, 2019

Dunkin’ Donuts Is Getting Its Miami On With Its New Dunkenctio
Wednesday May 01, 2019

var pref_event_title_prefix = ‘AOL’; Espresso Shots Coming To Dunkin’ Donuts In South Florida If you have never been to Miami then you have never truly experienced the power of a good coffee. Cafecitos are everything in the 305 and can be drunk at any time in the day, but the late afternoon is considered peak

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It’s also worth noting that the Lignthing Network has most definitely garnered serious  gains in the last month. It has reached a total network capacity upwards of 655 BTC and more than 6,100 active nodes. These represent serious increases.
Will Elon Musk Follow?
There have been many industry proponents who’ve carried the torch so far. One high-profile individual who took it, however, was Twitter’s CEO, Jack Dorsey.
Charlie Lee, the founder of Litecoin, also expressed interest to take it “off” Zhao’s hands if “no one wants it.”.
However, Zhao has responded that he wants to “harras brother Elon Musk a bit more” and that Lee will surely get it eventually.
Another interesting suggestion of who to bear the torch next included TRON’s Justin Sun.
Who do you think will carry the LN Torch next? Don’t hesitate to let us know in the comments below!
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Tom Brady Again Touts His Methods, Insists He Feels ‘100 Percent’ Late In Season
Friday December 14, 2018

The TB12 Method is alive and well. Entering Week 15 of the NFL season, most players are understandably battling through various amounts of ailments, but not Tom Brady. The 41-year-old quarterback appeared on Westwood One Radio with Jim Grey on Thursday night and credited his workout routine for keeping him healthy, saying he feels “100 […]

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