Binance CEO Waiting for Elon Musk to Take Bitcoin Lightning Torch – Bitcoinist.com

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Esther Kim

Cryptocurrency exchange Binance’s CEO has renewed calls for Tesla founder Elon Musk to participate in a Lightning Network project begun by Bitcoin users.


A Week Of Musk-Lobbying

In a tweet February 10, Changpeng Zhao advocated Musk as the next participant in Lightning Torch, a relay transaction circulating through the Network since January.

Aiming to test and bring publicity to Lightning, the transaction has bounced between users as well known as Twitter founder Jack Dorsey, who joined the project last week.

Dorsey had also tipped Musk as a potential follow-on, with the Tesla mogul as yet remaining silent on the proposition.

In subsequent discussions, Zhao said he favored Musk over alternatives, including Litecoin creator Charlie Lee. Other users recommended Lightning Labs co-founder Elizabeth Stark, entrepreneur Kim Dotcom and others.

Lightning Stays In Spotlight

As Bitcoinist reported, Lightning Torch has gained a surprising level of recognition in the three weeks it has existed.

Its premise revolves around a Bitcoin transaction sent between nodes on the Lightning Network, with each node adding 10,000 satoshis ($0.35) in value and passing it on to the next.

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