Top cryptocurrency exchange Kraken has disabled the Lightning Network feature for its customers in Germany, citing technical reasons. Initially, reports suggested regulatory issues were the cause, but Kraken clarified that it was due to technical changes. The company stated that the decision was made to ensure a reliable and secure platform for German clients. The Lightning Network, a second-layer application for Bitcoin, facilitates faster transactions for smaller purchases by routing them through side channels. This feature is aimed at reducing transaction fees during network congestion. While Kraken has disabled this feature, other major exchanges like Coinbase offer Lightning integration to provide cost-effective Bitcoin transactions. By utilizing the Lightning Network, customers can opt for a more efficient payment method during peak network activity, ultimately reducing transaction costs. Read more AI-generated news on: https://app.chaingpt.org/news