New partnership between Strike and Clover to integrate the Bitcoin Lightning Network
Strike has partnered with retail payment provider Clover to integrate the Bitcoin Lightning Network. The announcement was made on Twitter by Jack Mallers, founder and CEO of Strike, an application that allows anyone to send Bitcoin and money instantly, with no fees.
Jack also founded Zap, Strike’s parent company, which deals with transactions on the Lightning Network. He had been listed in the 2021 Finance Forbes 30 Under 30.
According to him, the adoption of the Lightning Network will allow the retail industry to make a quantum leap thanks to “an open, instant, cheap, inclusive, and innovative payment network.”
There will be a 90-day trial period where the speed and transaction costs of the new integration will be monitored, as well as the amount of business switching to this service (“gradually, then suddenly”).
For those who want to enable this type of payment, they can send an email to partners@strike.me indicating their company data. This news comes at a time where Bitcoin appears to have consolidated at $23,000 and as I write this article the Bitcoin Fear & Greed Index stands at 52 — Neutral.
In the last few hours there have been two other news that bode well: Bitcoin Lightning Network capacity has just hit a new ATH and US Senator Ted Cruz, who has always been a supporter of Bitcoin, would have advanced a resolution for the introduction of crypto-payments within the Capitol Hill, aiming to have cryptocurrencies accepted as payment in vending machines that sell drinks and snacks. Not bad.
Jack also founded Zap, Strike’s parent company, which deals with transactions on the Lightning Network. He had been listed in the 2021 Finance Forbes 30 Under 30.
According to him, the adoption of the Lightning Network will allow the retail industry to make a quantum leap thanks to “an open, instant, cheap, inclusive, and innovative payment network.”
There will be a 90-day trial period where the speed and transaction costs of the new integration will be monitored, as well as the amount of business switching to this service (“gradually, then suddenly”).
For those who want to enable this type of payment, they can send an email to partners@strike.me indicating their company data. This news comes at a time where Bitcoin appears to have consolidated at $23,000 and as I write this article the Bitcoin Fear & Greed Index stands at 52 — Neutral.
In the last few hours there have been two other news that bode well: Bitcoin Lightning Network capacity has just hit a new ATH and US Senator Ted Cruz, who has always been a supporter of Bitcoin, would have advanced a resolution for the introduction of crypto-payments within the Capitol Hill, aiming to have cryptocurrencies accepted as payment in vending machines that sell drinks and snacks. Not bad.
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