Strike Brings The Lightning Network To Every US Merchant. The Market Yawns
The Strike announcement was an atomic bomb, but the market is not impressed. Since Jack Mallers wasn’t there to reveal an Apple deal as rumored, the general public was somewhat disappointed. However, the Strike CEO announced something much bigger. The company partnered with Blackhawk and NCR to bring Lightning Network transactions to Point Of Sale terminals all over the United States. Plus, with Shopify for the e-commerce equivalent. The man was playing third-dimensional chess with us. Mallers titled the presentation “The King’s Gambit,” an alternative to the “pawn to e4” chess opening he....
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Lightning Network payments solution Strike is offering its services to more than 200 countries with support for additional currencies. The post Strike Is Bringing The Lightning Network To More Than 200 Countries appeared first on Bitcoin Magazine.
Strike CEO Jack Mallers announced this week that his Lightning Network payments platform is launching a Bitcoin withdrawal tab on its popular app.
Jack Mallers announced the new integration today at the Bitcoin 2022 conference and hopes to give more people access to what he sees as a better monetary system. Chicago-based payment app Strike has integrated with global e-commerce giant Shopify so merchants can accept Bitcoin payments via the Bitcoin Lightning Network.The Lightning Network (LN) is a Layer-2 scaling solution for Bitcoin designed to facilitate faster and cheaper transactions.Strike CEO Jack Mallers revealed the new integration on stage at Miami's Bitcoin 2022 conference today. The move could allow Shopify’s almost two....
Cash App mentions that the Lightning Network feature is not available to users located in New York. Mobile payment service Cash App revealed that Lightning Network can now be used to transfer Bitcoin (BTC) through its app. With the new feature, its users can send their BTC to any Lightning or on-chain BTC address.Lightning Network is now available on Cash App. It's the fastest, free way to pay anyone in bitcoin. Buy tacos, tip your favorite Twitter comedian, or send a friend money abroad—anywhere that accepts lightning. pic.twitter.com/65TXSJ6yL6— Cash App (@CashApp) February 7,....
An early version of Lightning Network, a layer two Blockchain technology, is now available for testing on Bitcoin’s testnet. With so much expectation on this latest iteration to scale the underlying Blockchain technology one may ask how does it work in practical terms and will it be able to deliver? In other words, when will Lightning strike? Go for a party. The easiest way to explain the principles behind Lightning is the working example below when we go for a drink in a bar. So let’s go and party. We go for a drink in a bar and I hand over my Bitcoin Card. The barman as merchant uses to....