Twitter came out in public and actively stated that they've donated millions of dollars to Lightning Labs to get their beta version out and running.

The news reports that now people can send btc and ltc to each other without the transactions having to go through the blockchain at first glance.

To put it clearly, the lightning protocol and the lightning network weren't created or developed first by lightning labs. Like everything in crypto, lightning protocol was an open source project during its alpha phase.

But all the top crypto leaders and orgs agreed that Lightning Labs was the best at developing the protocol, which is why they donated millions to their cause -- and now we have their beta version.

Everyone is saying this is a big milestone for bitcoin, and I believe it is too! Once people can send btc to each other without any fees and without waiting more than 5 minutes -- we'll see more transactions and more livelihood.

This could mark the start of general public and store acceptance. Groceries won't fear transaction fees anymore, and normies will love how fast they can send money to their friends and family.