Bitcoin rewards app Lolli now supports withdrawals on the Lightning Network
ChainCatcher news, according to The Block, Bitcoin rewards app Lolli now supports withdrawals on the Bitcoin Lightning Network after completing integration with Spark.
This move may help address complaints from some users following Lolli's acquisition by Thesis in July. Spark is an open-source Bitcoin Layer 2 protocol developed by Lightspark, enabling instant, low-cost, self-custodial transactions of Bitcoin and Bitcoin-based assets, and is fully compatible with the Lightning Network. The two companies stated that Spark's software development kit (SDK) will provide Lightning Network withdrawal support for Bitcoin rewards held on the Lolli platform. Thesis's acquisition of Lolli was criticized by some users. Shortly after the acquisition announcement, Lolli suspended all Bitcoin reward transfers and withdrawals to migrate its backend to Thesis's infrastructure, which caused dissatisfaction among some users. In addition, before allowing on-chain Bitcoin or Lightning Network transfers, Thesis integrated its EVM-compatible Mezo Bitcoin scaling and programmability layer into Lolli, which further angered some users.
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