The introduction of the new lightning node by TorogozDev is a milestone for the project and aligns with El Salvador’s pioneering role in embracing Bitcoin and making it legal tender in the country in 2021. The introduction of the node also assists in further strengthening the accessibility to the global Bitcoin network, and contributes to the security and decentralisation of the network.
Paolo Ardoino, Chief Technology Officer of Bitfinex, said: “We are delighted that TorogozDev have been able to launch their first lightning node. This is not just a technological advancement; it’s a step forward in realising the true potential of borderless money in a nation that has boldly integrated Bitcoin into its financial system. For Bitfinex, this is core to our mission: to promote financial freedom through Bitcoin.”
Bitfinex’s sponsorship of TorogozDev’s Fellowship programme and the launch of the Lightning Node also underscores its commitment to collaborate with organisations to help advance the utility of Bitcoin in El Salvador. TorogozDev is a non-profit educational programme focused on providing technical training in Bitcoin and Lightning Network development.
Ishi , Cofounder at TorogozDev, added: “The launch of our new lightning node is a crucial development in our journey towards helping companies and users to accept and make Bitcoin payments. We also want to facilitate access to local talent and to professionals in order to promote and enable Bitcoin adoption in El Salvador. We want to assist companies like Bitfinex to hire qualified Bitcoin developers in El Salvador, by providing the technical training for individuals so that they can fully engage in the global Bitcoin economy. Bitfinex’s support for our program has been instrumental in making this possible. This new node will enable El Salvador to actively strengthen and further decentralise the Bitcoin network, and contribute to the network of Lightning nodes deployed worldwide.
“This initiative is not only a significant contribution to the global Lightning network but also a proud achievement for Torogoz. It reflects our commitment to technological advancement and the comprehensive training of our students in managing and operating critical Bitcoin infrastructure.”
About Bitfinex
Founded in 2012, Bitfinex is a digital token trading platform offering state-of-the-art services for traders and global liquidity providers. In addition to a suite of advanced trading features and charting tools, Bitfinex provides access to peer-to-peer financing, an OTC market and margin trading for a wide selection of digital tokens. Bitfinex’s strategy focuses on providing unparalleled support, tools, and innovation for experienced traders and liquidity providers around the world. Visit www.bitfinex.com to learn more.
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