Can’t argue with this for immediate expansion & growth29 Jul 2025 07:36
Pr1bit/Lightning Network Liquidity Expansion
Pri0r1ty is expanding the liquidity being used to grow the Lightning Network Routing Node to significantly accelerate product growth. The Lightning Network gives customers near-instant and almost cost-free transactions, allowing users to send and receive private Bitcoin payments to Pri0r1ty and other SME customers in exchange for goods and services at a significantly lower cost than the Bitcoin main network or traditional online payment methods. Pri0r1ty earns a routing fee for processing such transactions in Bitcoin satoshis (SATS), the smallest monetary denomination of Bitcoin.
Pri0r1ty had previously allocated 100,000,000 SATS of liquidity for the first channel(s) utilising its Bitcoin treasury reserves following the acquisition of Bitcoin in support of this product. Due to investor demand to support the product, Pri0r1ty will allot at least a further 400,000,000 SATS of Bitcoin liquidity to opening new channels and network expansion. As adoption of the Lightning Network grows, Pri0r1ty expects to add more channels and fill further liquidity requirements in exchange for processing fees using its reserves. Pri0r1ty will purchase additional Bitcoin as required within its Bitcoin treasury to support this accelerated growth.
US will love it too as we begin to cross list US OTC Markets soon and none of this recent new development of PR1Bit has been allowed to add any additional value added to the SP so think this will do it