Crypto Gloom

Bitfinex Celebrates Launch of TorogozDev’s New Lightning Node (El Salvador)

Bitfinex Celebrates Launch of TorogozDev’s New Lightning Node (El Salvador)

Road Town, British Virgin Islands –February 14, 2024 – Bitfinex, a leading digital asset trading platform, is pleased to announce the launch of TorogozDev’s new Lightning Node in El Salvador. This launch is a key part of TorogozDev’s innovative program to spread the use and understanding of Bitcoin in El Salvador. This event, sponsored by Bitfinex, also demonstrates the company’s commitment to supporting groundbreaking projects in the field of Bitcoin technical education and job training.

The introduction of TorogozDev’s new Lightning node is a milestone for the project and coincides with El Salvador’s pioneering role in accepting Bitcoin and making it legal in the country in 2021. The introduction of nodes also helps make Bitcoin more accessible. We build a global Bitcoin network and contribute to the security and decentralization of the network.

Paolo Ardoino, Chief Technology Officer at Bitfinex, said:: “We are excited that TorogozDev has been able to launch its first Lightning node. This is not just a technological advancement. This is a step forward in realizing the true potential of borderless money in countries that have boldly integrated Bitcoin into their financial systems. For Bitfinex, this is at the heart of our mission: to promote financial freedom through Bitcoin.”

Bitfinex’s sponsorship of TorogozDev’s Fellowship program and the launch of the Lightning Node also highlights its commitment to working with the organization to advance the usability of Bitcoin in El Salvador. TorogozDev is a non-profit educational program focused on providing technical training in Bitcoin and Lightning Network development.

Added Ishi, co-founder of TorogozDev.: “The launch of the new Lightning Node is an important step forward in our journey to help businesses and users accept and settle Bitcoin payments. We also want to facilitate access to local talent and experts to promote and enable Bitcoin adoption in El Salvador. We want to help companies like Bitfinex hire qualified Bitcoin developers in El Salvador to provide individuals with technical training to fully participate in the global Bitcoin economy. Bitfinex’s support of our program has been instrumental in making this possible. These new nodes will allow El Salvador to actively strengthen the Bitcoin network, further decentralize it, and contribute to the globally distributed network of Lightning nodes.

“This initiative not only contributes greatly to the global Lightning Network, but is also a proud achievement for Torogoz. “This reflects our commitment to technological advancement and comprehensive training of our students in managing and operating critical Bitcoin infrastructure.”

Introduction to Bitfinex

Founded in 2012, Bitfinex is a digital token trading platform that provides cutting-edge services to traders and global liquidity providers. In addition to a series of advanced trading features and charting tools, Bitfinex offers access to peer-to-peer finance, OTC markets, and margin trading for a variety of digital tokens. Bitfinex’s strategy is focused on providing unparalleled support, tools and innovation to skilled traders and liquidity providers around the world. For more information, please visit www.bitfinex.com.

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