Bitcoin ATMs in El Salvador are undergoing a Lightning Network upgrade. This upgrade aims to enable users to send and receive Bitcoin quickly and cheaply. The Lightning Network was initially expected to be introduced in El Salvador in 2021 through the payments app Strike, but the company withdrew from the project. The president of Genesis Coin, Doug Carillo, mentioned that the upgrade will allow Salvadorans to conduct smaller and more frequent transactions, thus keeping more money in their pockets. As part of this move, Salvadorans were gifted $30 in Bitcoin through Chivo wallets or Bitcoin ATMs.
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