The Daily Hodl
Ledger Nano S - The secure hardware wallet
  • HodlX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • FEATURES
    • News
    • Bitcoin
    • Altcoins
    • Trading
    • Blockchain
    • Regulators
    • Finance and Economy
    • Cryptoculture
    • Scams
    • Mining
    • Crypto 101
  • Crypto Livewire
    • Press Releases
    • Submit
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • THE FUTURE
    • $3.1 Trillion Blockchain Future
    • 6,000 Stores in South Korea
      to Accept Cryptocurrency
    • 80,000 EU-based Merchants
      Can Accept Bitcoin
    • World’s Biggest Brands
      on the Blockchain
    • Despite the FUD,
      Bitcoin Adoption Is Surging
    • Japan Leads Corporate Crypto Bandwagon
    • Mainstream Crypto Payments in UK by 2020
    • Bitcoin Buys Two Condos in New York
    • World’s Smartest City
  • Submit
    • Guest Blog
    • Press release
    • Sponsored post
    • Crypto announcement
    • Personal crypto project
    • Guide or tutorial
    • Infographic
    • Opinion
  • Advertising
Close
The Daily Hodl
Close
  • HodlX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • FEATURES
    • News
    • Bitcoin
    • Altcoins
    • Trading
    • Blockchain
    • Regulators
    • Finance and Economy
    • Cryptoculture
    • Scams
    • Mining
    • Crypto 101
  • Crypto Livewire
    • Press Releases
    • Submit
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • THE FUTURE
    • $3.1 Trillion Blockchain Future
    • 6,000 Stores in South Korea
      to Accept Cryptocurrency
    • 80,000 EU-based Merchants
      Can Accept Bitcoin
    • World’s Biggest Brands
      on the Blockchain
    • Despite the FUD,
      Bitcoin Adoption Is Surging
    • Japan Leads Corporate Crypto Bandwagon
    • Mainstream Crypto Payments in UK by 2020
    • Bitcoin Buys Two Condos in New York
    • World’s Smartest City
  • Submit
    • Guest Blog
    • Press release
    • Sponsored post
    • Crypto announcement
    • Personal crypto project
    • Guide or tutorial
    • Infographic
    • Opinion
  • Advertising
E-Commerce Platforms Get Hit With Lightning-Fast Bitcoin Payments for Businesses
Share:
Bitcoin July 15, 2018 Daily Hodl Staff

E-Commerce Platforms Get Hit With Lightning-Fast Bitcoin Payments for Businesses

 

Payment platform Strike has launched an API for Lightning micro-payments, allowing businesses to receive aggregated Bitcoin transactions through a WooCommerce plugin developed by ACINQ. Transactions are made via the Lightning Network, a scalability solution for instant payments that is built on top of the Bitcoin blockchain.

The WooCommerce plugin can be set up for Lightning payments on WordPress online stores. It features a user-friendly dashboard that allows business owners to monitor payments in real time.

The plugin is a follow-up to ongoing efforts by ACINQ, a tech company, to make Bitcoin deliver on its global promise of being more than just an asset, like gold.

Unlike gold, Bitcoin is the anti-brick. It’s a digital currency that is more malleable than metal, more divisible and more capable of being quickly distributed. Unlike gold, it can also be further developed and improved to meet the demands of cashless societies and cross-border transactions. Outside of Bitcoin’s value as a new deflationary asset with a limited supply that can rival gold, the bar for success rests in its ability to be utilized as an everyday currency, spent by consumers and collected by merchants. In order to do that, it needs to ramp up transaction speeds dramatically and offer lower fees.

Paris-based tech company ACINQ has been developing and building products and services, and working on scalability solutions for the Bitcoin ecosystem since 2014. It first announced the successful test of a payment routing prototype for the Lightning Network with the implementation of Bitfury’s Flare in September, 2016.

The Lightning Network (LN) is a network of bidirectional payment channels that can transfer value off-blockchain. Further decentralizing Bitcoin’s operations, LN is a scaling solution because it defers broadcasting transactions to the blockchain.

Join us on Telegram            Follow us on Twitter

Strike is also developing APIs for Prestashop and Shopify, and says upcoming releases are coming soon.


Check Out the Latest Headlines


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Tags: News

Crypto Livewire

  • Blockchain to Save People’s Lives by Tracing Food Supply
    February 21, 2019
  • Malta AI & Blockchain Summit Handing Out 100 Free Booths to Startups
    February 14, 2019
  • Wirex Integrates Nano, Providing Seamless Spending Anywhere Visa Is Accepted
    February 12, 2019
  • MiningSky: The Cheapest, Profitable Cloud Mining
    February 7, 2019
  • Altcoin Fantasy OKCoin Contest
    February 4, 2019
Submit a Press Release
 
 

Around the web

Ads by Cointraffic Ads by Cointraffic

Spotlight

  • Billionaire Bitcoin Investor Tim Draper Says Cash Is for Criminals, Crypto Will Make Fiat Obsolete
    February 18, 2019
  • Investors Are Accumulating Bitcoin and Ethereum and Not Letting Go, Says Creator of Crypto App With $50 Million in Deposits
    February 6, 2019
  • Ripple CEO Brad Garlinghouse Says XRP Will Beat Any Bank-Backed Crypto
    February 14, 2019
  • Nasdaq Launching New Bitcoin and Ethereum Indexes to Boost Crypto Cred on Wall Street
    February 13, 2019
Cryptocurrency news and analysis, covering Bitcoin, Ethereum, altcoins and the blockchain
  • Altcoins
  • Bitcoin
  • Blockchain
  • Crypto Livewire
  • Crypto101
  • Cryptoculture
  • Finance and Economy
  • HodlX
  • Mining
  • Regulators
  • Scams
  • Trading
DailyHodl

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

 JOIN US ON TELEGRAM

COPYRIGHT © 2017-2019 THE DAILY HODL

We use cookies to give you the best online experience possible. By agreeing you accept the use of cookies in accordance with our cookie policy. I Accept